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E 2 . 6 ( LO 3 ) ( Adjusting Entries ) Karen Weller, D . D . S . , opened a dental practice
ELO Adjusting Entries Karen Weller, DDS opened a dental practice on January During the first month of operations, the following transactions occurred.
Performed services for patients who had dental plan insurance. At January $ of such services was performed but not yet billed to the insurance companies.
Utility expenses incurred but not paid prior to January totaled $
Purchased dental equipment on January for $ paying $ in cash and signing a $year note payable. The equipment depreciates $ per month. Interest is $ per month.
Purchased a oneyear malpractice insurance policy on January for $
Purchased $ of dental supplies. On January determined that $ of supplies were on hand.
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