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Coronado Valley is a licensed dentist. During the first month of the operation of her business, the following events and transactions occurred. April 1 Invested

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Coronado Valley is a licensed dentist. During the first month of the operation of her business, the following events and transactions occurred. April 1 Invested $18,400 cash in her business. 1 Hired an administrative assistant at a salary of $644 per week payable monthly. 2 Paid office rent for the month $1,012. 3 Purchased dental supplies on account from Dazzle Company $3,680. 10 Performed dental services and billed insurance companies $4,692. 11 Received $920 cash from Leah Mataruka for a dental implant. 20 Received \$1,932 cash for services performed from Michael Santos. 29 Paid administrative assistant for the month $2,576. 30 Paid $2,208 to Dazzle for accounts payable due. Coronado uses the following chart of accounts: Cash, Accounts Receivable, Supplies, Accounts Payable, Owner's Capital, Service Revenue, Salaries and Wages Expense, and Rent Expense. Prepare a transaction analysis using T-accounts. Totals Owner's Equity Owner's Equity

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