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Jan 2 Jerry invested 30000 cash and 13200 worth of dental equipment in the business in exchange for common stock in a new corporation called

Jan 2 Jerry invested 30000 cash and 13200 worth of dental equipment in the business in exchange for common stock in a new corporation called J. A. Dentist Inc.

Jan 3 Paid two months of rent of 2000

Jan 4 purchaes 1000 of dental supplies and paid cash

Jan 4 Paid insurance premiums of 3,600 for 1 year insurance policy

Jan 6 Earned and collected dental fees of 14,600 in cash during the week

Jan 9 Paid a secretary a salary of 1200

Jan 10 Purchased $300 of dental supplies on account

Jan 11 Bought an automobile for business use. It cost $13000. Jerry paid $3000 cash and signed a note payable for the invoice

Jan 13 Received a $240 telephone bill that will be paid later

Jan 13 Billed customers $6000 for dental fees earned during the week

Jan 16 Received a $150 electric bill that will be paid later in the month

Jan 18 Paid $300 for dental supplies purchased on Jan 10

Jan 20 Earned and collected dental fees of $4500 in cash during the week.

Jan 23 Paid $450 for advertising in a local newspaper

Jan 23 Received a $75 water bill

Jan 24 Paid $450 for another advertising in a local newspaper

Jan 25 Received $2500 from customers on account

Jan 27 Paid a dividend of $3500 to Jerry Andrew the sole stockholder

Jan 30 Paid the utility bills (water, Telephone, electric.)

Jan 30 Billed customers $2000 for dental fees earned during the week.

Jan 31 Received $1500 from customers on account

Prepare A trial Balance for january 2008

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