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Only need the ledger closed Listed below are the transactions of Mark Harris. D.D.S.for the month of September Sept. Harris begins practice as a dentist
Only need the ledger closed
Listed below are the transactions of Mark Harris. D.D.S.for the month of September Sept. Harris begins practice as a dentist invests $19.360 cash and issues 1.936 shares of $10 par stock 1 2 Purchases dental equipment on account from Green Jachet Co. for $18,120 4 Pays rent for office space. $680 for the month. 4 Employs a receptionist, Michael Bradley 5 Purchases dental supplies for cash, 8930 & Receives cash of $1.820 from patients for services performed 10 Pays miscellaneous office expenses. 5410. 14 Bills patients $6.200 for services performed 18 Pays Green Jacket Co. on account, $3,950 19 Pays a dividend of $3.070 cash. 20 Receives $1.030 from patients on account. 25 Bills patients $1,940 for services performed 30 Pays the following expenses in cash Salaries and wages $1.980; miscellaneous office expenses $90. 30 Dental supplies used during September, $320. Record depreciation using a 5-year life on the equipment, the straightline method, and no salvage value. Close the ledger (Post entries in the order as displayed in the problem statement.) Cash Sept. 1 19,360 Sept. 4 680 Sept. 8 1.820 Sept. 5 930 Sept. 20 1,030 Sept. 10 410 Sept. 18 3,950 Sept. 19 3,070 Sept. 30 1,980 Sept. 30 90 Sept. 30 Bal. 11.100 Accounts Receivable Sept. 14 6,200 Sept. 20 1.030 Sept. 25 1,940 Sept. 30 Bal. 7.110 Rent Expense Sept. 4 680 II 680 Supplies Sept. 5 930 Sept. 30 320 Sept. 30 Bal. 610 Office Expense Sept. 10 410 Sept. 30 90 III 500 Salaries and Wages Expense Sept. 30 1,980 1980 Supplies Expense Sept. 30 320 320 110 Depreciation Expense Sept. 30 302 302 Equipment Sept. 2 18,120 Sept. 30 bal 18,120 Common Stock Sept. 1 19,360 Sept. 30 bal 19,360 Retained Earnings Dividends Sept. 19 3,070 II 3070 Accounts Payable Sept. 18 3,950 Sept. 2 18,120 Sept. 30 Bal. 14.170 Service Revenue Sept. 8 1,820 Sept. 14 6,200 Sept. 25 1,940 9960 Accumulated Depreciation-Equipment Sept. 30 302 Sept. 30 Bal. 302 1000, 100 Income Summary LOOO!! TODOINStep by Step Solution
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