Question
I want to understand how to make a General Ledger and General journal from this example: Ahuja Dental Services' general ledger at June 30, 2024,
I want to understand how to make a General Ledger and General journal from this example:
Ahuja Dental Services' general ledger at June 30, 2024, included the following. Cash, $5,820, Supplies $1,180, Equipment $64,990, Notes Payable $50,020, Accounts Payable $680, and S. Ahuja, Capital $21,290. During July 2024, the following transactions occurred:
July 2 Paid July's rent of $1,060.
4 A Purchased $790 of supplies on account.
15 Paid the accounts payable owing from June 30, 2024.
31 Paid the dental assistant's salary of $2,420.
31 Provided $10,340 of dental services during July. Collected $9,940 of this in cash.
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