Question 2 of 2 2/3 View Policies Show Attempt History Current Attempt in Progress Vera Ernst is a licensed dentist. During the first month of the operation of her business, the following events and transactions occurred. April 1 1 Trivested $18,000 cash in her business. Hired a secretary-receptionist at a salary of $500 per week payable monthly Paid office rent for the month $1.200. 2 3 Purchased dental supplies on account from Dazzle Company $3.700. 10 11 Performed dental services and billed insurance companies $4,800. Received $1.400 cash advance from Leah Mataruka for an implant Received $2,800 cash for services performed from Michael Santos. Pald secretary-receptionist for the month $2.000, 20 30 30 Paid $2,420 to Dazzle for accounts payable due uestion 2 of 2 273 Date Account Titles and Explanation Debit Credit Cash 18000 Apr. 1 Owner's Capital 1800 (Owner's investment of cash in business) 0 Apr. 1 No Entry No Entry (Hired a secretary-receptionist) 1200 Apr. 2 Rent Expense 1204 Cash (Paid monthly office rent) 3700 Apr. 3 Supplies 370 Accounts Payable (Purchased supplies on account from Dazzle Company) 4800 Apr. 10 Accounts Receivable estion 2 of 2 2/3 E 4800 Apr. 10 Accounts Receivable 4801 Service Revenue (Billed clients for services performed) 1400 Apr. 11 Cash 1401 Unearned Service Revenue (Received cash for future service) 2800 Apr. 20 Cash 2801 Service Revenue (Received cash for services performed) 2000 Apr. 30 Salaries and Wages Expense 2001 Cach (Paid monthly salary) 2420 Apr.30 v Accounts Payable 2421 Cash Question 2 of 2 2/3 E Your answer is correct Post to the ledger accounts. (Post entries in the order of journal entries presented in the previous question.) Cash No. 101 Date Explanation Ref Debit Credit Balance Apr 1 31 18000 18000 Apr. 2 31 1200 16800 Apr. 11 31 1400 18200 31 Apr. 20 2800 21000 2000 31 19000 Apr. 30 2420 16580 Apr 30 JI No. 112 Accounts Receivable Date Ref Credit Explanation Debit Balance 31 4800 4000 Apr. 10 No. 126 Supplies Data Explanation Balance Baf Debit Credit Question 2 of 2 2/3 No. 126 Supplies Date Explanation Ref Debit Credit Balance Apr. 3 31 3700 3700 No. 201 Accounts Payable Date Explanation Ref Debit Credit Balance Apr 3 31 3700 3700 31 Apr 30 2420 1280 No. 209 Unearned Service Revenue Date Explanation Ref Debit Debit Credit Balance 1400 1400 Apt. 11 1 Owner's Capital Date Explanation No. 301 Balance Ref Debit Credit 18000 18000 Apr1 31 No. 400 Service Revenue Debit Credit Balance Date Explanation Ref 4800 4800 11 Apr 10 Question 2 of 2 2/3 E No. 400 Service Revenue Date Explanation Ref Debit Credit Balance Apr 10 31 4800 4800 Apr. 20 31 2800 7600 No. 726 Salaries and Wages Expense Date Explanation Ref Debit Credit Balance Apr. 30 31 2000 2000 No. 729 Rent Expense Date Explanation Ref Debit Credit Balance Apr. 2 31 1200 1200 eTextbook and Media List of Accounts Attempts: 2 of 8 used (c) Question 2 of 2
