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Problem 2-02A a-c (Video) Vera Ernst is a licensed dentist. During the first month of the operation of her business, the following events and transactions
Problem 2-02A a-c (Video) Vera Ernst is a licensed dentist. During the first month of the operation of her business, the following events and transactions occurred. April 1 Invested $18,000 cash in her business. 1 Hired a secretary-receptionist at a salary of $500 per week payable monthly. 2 Paid office rent for the month $1,200. 3 Purchased dental supplies on account from Dazzle Company $3,700. 10 Performed dental services and billed insurance companies $4,800. 11 Received $1,400 cash advance from Leah Mataruka for an implant. 20 Received $2,800 cash for services performed from Michael Santos. 30 Paid secretary-receptionist for the month $2,000. 30 Paid $2,420 to Dazzle for accounts payable due. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit (Owner's investment of cash in business) (Hired a secretary-receptionist) (Paid monthly office rent) (Purchased supplies on account from Dazzle Company) (Billed clients for services performed) (Received cash for future service) (Received cash for services performed) (Paid monthly salary) (Paid Dazzle Company on account) Activate Windows CALCULATOR Post to the ledger accounts. (Post entries in the order of journal entries presented in the previous question.) No. 101 Cash Date Explanation Ref Debit Credit Balance J1 J1 J1 J1 J1 J1 Accounts Receivable No. 112 Date Explanation Ref Debit Credit Balance J1 Supplies No. 126 Date Explanation Ref Debit Credit Balance V J1 No. 201 Accounts Payable Date Explanation Ref Debit Credit Balance J1 J1 Uneared Service Revenue No. 209 Date Explanation Ref Debit Credit Balance 11 Owner's Capital No. 301 Date Explanation Ref Debit Credit Balance V J1 Service Revenue No. 400 Date Explanation Ref Debit Credit Balance J1 J1 Salaries and Wages Expense No. 726 Date Explanation Ref Debit Credit Balance J1 No. 729 Rent Expense Date Explanation Ref Debit Credit Balance J1 LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT Activate Winde Go to Settings to act Prepare a trial balance on April 30, 2020 VERA ERNST, DENTIST here to search O BE LINK TO TEXT LINK TO TEXT LINK TO TEXT Prepare a trial balance on April 30, 2020 VERA ERNST, DENTIST Trial Balance Debit Credit Totals Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT VIDEOSIMILAR PROBLEM Activate Windows Go to Settings to activate Windows. Question Attempts: Unlimited SAVE FOR LATER SUBMIT ANSWER here to search O c J' 8:48 AM 3/23/2021
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