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Emily Valley is a licensed dentist. During the first month of the operation of her business, the following events and transactions occurred. April 1 Invested
Emily Valley is a licensed dentist. During the first month of the operation of her business, the following events and transactions occurred.
April 1 | Invested $24,000 cash in her business. | |
1 | Hired a secretary-receptionist at a salary of $700 per week payable monthly. | |
2 | Paid office rent for the month $1,100. | |
3 | Purchased dental supplies on account from Dazzle Company $3,900. | |
10 | Performed dental services and billed insurance companies $5,400. | |
11 | Received $1,500 cash advance from Leah Mataruka for an implant. | |
20 | Received $2,200 cash for services performed from Michael Santas. | |
30 | Paid secretary-receptionist for the month $2,800. | |
30 | Paid $2,535 to Dazzle for accounts payable due. Post to the ledger accounts. (Post entries in the order of journal entries presented in the previous question.) |
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