Question
Emily Anderson is a licensed dentist. During the first month of operation of her business, the following events and transactions occurred. Apr. 1 Invested
Emily Anderson is a licensed dentist. During the first month of operation of her business, the following events and transactions occurred.\ \ Apr. 1 Invested $18,800 cash in her business.\ 1 Hired a secretary-receptionist at a salary of $2,640 monthly.\ 2 Paid office rent for the month of $1,000.\ 3 Purchased $3,800 of dental supplies on account from Dazzle Company.\ 10 Performed dental services and billed insurance companies $4,800.\ 11 Received $900 cash advance from Leah Mataruka for an implant.\ 20 Received $2,000 cash from Michael Santos for services performed.\ 30 Paid secretary-receptionist $2,640 for the month\ 30 Paid $2,300 to Dazzle for accounts payable due.
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