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Problemi 2-U2A - (Viueo) Vera Ernst is a licensed dentist. During the first month of the operation of her business, the following events and transactions
Problemi 2-U2A - (Viueo) 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 $24,000 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 $1,200 3 Purchased dental supplies on account from Dazzle Company $4,100 10 Performed dental services and billed insurance companies $4.700 11 Received $1,100 cash advance from Leah Mataruka for an implant 20 Received $2,900 cash for services performed from Michael Santos. 30 Paid secretary-receptionist for the month $2,800. 30 Paid $2,660 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) Post to the ledger accounts. (Post entries in the order of journal entries presented in the previous question.) Cash No. 101 Balance Date Explanation Ref Debit Credit 5 5 5 5 5 5 Accounts Receivable No. 112 Date Explanation Ref Debit Credit Balance No. 126 Supplies Date Explanation Ref Debit Credit Balance No. 201 Accounts Payable Date Explanation Ref Debit Credit Balance Unearned Service Revenue No. 209 Date Explanation Ref Debit Credit Balance Owner's Capital No. 301 Date Explanation Ref Debit Credit Balance Service Revenue Date Explanation No. 400 Balance Ref Debit Credit No. 726 Salaries and Wages Expense Date Explanation Ref Debit Balance No. 729 Rent Expense Date Explanation Ref Debit Credit Balance 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
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