January 1 Adentist opens a dental practice by depositing $10,000 into a bank account in the business name January 2 The anuary 3 The dentist pays for malpractice insurance for the month, $2,000 anuary 4Purchases for cash dental equipment,including Xray machine, chair etc January 20 The dentist pays for a billboard to advertise his services for one month, $500 nuary 21The dentist performs dental services for the first half of the month and receives $8,0oo for services $60,000 rendered Pays the dental hygienist $2500 Bills patients for services rendered that have not been paid $5,000 January 29 31 lourmal Entries