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i need help on this question please Mark Aennett. D.D.S. opened an incoeporated dental practice called Mark Bennett Protessional Dentistry Corporation on lanuary 1. 2018.
i need help on this question please
Mark Aennett. D.D.S. opened an incoeporated dental practice called Mark Bennett Protessional Dentistry Corporation on lanuary 1. 2018. During the first month of oocrations the following selected tramtactions occurred: 1. Performed services for putients who had dental plan ircurance. At Janusy 31,9610 of such services was earned but not yet billed to the insurance companies. 2. Utility expenses incurred but not paid prior to lanuary? 31 totalicd 5540 3. Purchased dental equipment on January 1 for $84,100, paving $18,100 in cach and nigning a $68,000,3-year hank ban payable Ginterest is paid each December 31). The equipment depreciation is $4$0 per month lntereit on the banik isun is $510 per month 4. Purchased a 1-yeat malpractice insurance policy on damury 1 loe $22.540. The cont of she insurance policy was detilitd to the Pregaidid Insurance account when purchased on lanuary 1.2018. 5. Purchased $1,720 of dental supplies (recorded as increase to Supples). On danuary 31 determined that $580 of supplies were on hand. 6. Estimated income taxes for the month amounting to $150, to be poid nest month. mansely. Record joumal entries in the order presented in the problemy Step by Step Solution
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