Question 3 -/3 View Policies Current Attempt in Progress Emily Valley is a licensed dentist. During the first month of operation of her business, the following events and transactions occurred. Apr. 1 Invested $24,400 cash in her business. Hired a secretary-receptionist at a salary of $850 per week, payable monthly. 1 2 Paid office rent for the month of $1.300o. 3 Purchased dental supplies on account from Dazzle Company of $4,900. 10 Performed dental services and billed insurance companies $6,200. 11 Received $1.200 cash advance from Leah Mataruka for an implant. 20 Received $2,600 cash for services performed from Michael Santos. 30 Paid secretary-receptionist $3,400 for the month. 30 Paid $2,900 to Dazzle for accounts payable due. Emily uses the following chart of accounts: No. 101 Cash, No. 112 Accounts Receivable, No. 126 Supplies. No. 201 Accounts Payable, No. 209 Unearned Revenue, No. 301 E. Valley, Capital, No. 400 Service Revenue. No. 726 Salaries Expense. and No. 729 Rent Expense. Account Titles and Explanation Date Debit Credit (Invested in the business) (Hired a secretary-receptionist) 02:05 PM ENG 904 40) IN 30.10.3010 Post the journal entries to the ledger accounts. (Post entries in the order of Journal entry presented in the previous part) Cash No. 101 Date Explanation Ref Debit Credit Balance J1 1 J1 J1 J1 Accounts Receivable No. 112 Date Explanation Ref Debit Credit Balance J1 Supplies No. 126 Date Explanation Ref Debit Credit Balance J1 ACCounts Payable No. 201 Date Explanation Ref Debit Credit Balance J1 11 J1 Unearmed Revenue No. 209 Date Explanation Ref Debit Credit Balance J1 E. Valley, Capital No. 301 Date Explanation Ref Debit Credit Balance J1 Service Revenue No. 400 Date Explanation Ref Debit Credit Balance J1 J1 Salaries Expense No. 726 Date Explanation Ref Debit Credit Balance J1 Rent Expense No. 729 Date Explanation Ref Debit Credit Balance 31 eTextbook and Media TTepare aTraruarance atAprir0, Z0ZI EMILY VALLEY, DENTIST Trial Balance Debit Credit $ Totals $ eTextbook and Media