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I want that show how you calculate the Depreciation Expense. Listed below are the transactions of Charles Wilson, D.D.S., for the month of September. Sept.
I want that show how you calculate the Depreciation Expense.
Listed below are the transactions of Charles Wilson, D.D.S., for the month of September. Sept. 1 Wilson begins practice as a dentist, invests $20,740 cash and issues 2,074 shares of $10 par stock. Purchases dental equipment on account from Green Jacket Co. for $17,760. 2 4 Pays rent for office space, $700 for the month. Employs a receptionist, Michael Bradley. 4 5 Purchases dental supplies for cash, $860. 8 10 Receives cash of $1,810 from patients for services performed. Pays miscellaneous office expenses, $420. Bills patients $5,850 for services performed. Pays Green Jacket Co. on account, $3,800. 14 18 19 Pays a dividend of $2,880 cash. 20 Receives $1,020 from patients on account. Bills patients $2,020 for services performed. 25 30 Pavs the following expenses in cash: Salaries and wages $1.890: miscellaneous office expenses $93. Question 3 of 3
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