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Lily is a licensed dentist. During the first month of the operation of her business, the following events and transactions occurred. April 1 Invested
Lily is a licensed dentist. During the first month of the operation of her business, the following events and transactions occurred. April 1 Invested $22,000 cash in her business. 1 Hired a secretary-receptionist at a salary of $700 per week payable monthly. 2 Paid office rent for the month $1,000. 3 Purchased dental supplies on account from Dazzle Company $3,900. Performed dental services and billed insurance companies $5,000. 10 11 28 201 30 30 Received $1,500 cash advance from Leah Mataruka for an implant. Received $2,200 cash for services performed from Michael Santos. Paid secretary-receptionist for the month $2,800. Paid $2,540 to Dazzle for accounts payable due Journalize the transactions (List all debit entries before credit entries Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the onder presented in the problem. If no entry is required, select "No Entry for the account titles and enter 0 for the amounts Datel Account Titles and Explanation (Owner's investment of cash in business) (Hired a secretary-receptionist Paid monthly office rent V Purchased supplies on account from Datrie Company! Bled clants for services performed (Received cash for future service (Received cash for services performad (Paid monthly salar Paid Dassle Company on account Debit Credit Post to the ledger accounts (Post entries Cash Date V V > No Explanation Ref Debit Credit Balance 31 31 31 Accounts Receivable Date No Explanation Ref Debit Credit Balance 31 Supplies No Date Explanation Ref Debit Credit Balance Accounts Payable No. Date Explanation Ref Debit Credit Balance 21 Unearned Service Revenue No Date Explanation Ref Debit Credit Salance Owner's Capital No Date Explanation Ref Debit Credit Balanc Service Revenue No Date Explanation Ref Debit Credit Balance 21 Solaries and Wages Expense Date Explanation Ref Debit Credit Balance 31 Rent Expense Date Explanation Ref Dett Credit Balance Prepare a trial balance on April 30, 2022. LILY, DENTIST Trial Balance Totals $ Debit Credit
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