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Swifty is a licensed dentist. During the first month of the operation of her business, the following events and transactions occurred. April 1 Invested $23,000
Swifty is a licensed dentist. During the first month of the operation of her business, the following events and transactions occurred. April 1 Invested $23,000 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 $1,300. 3 Purchased dental supplies on account from Dazzle Company $3,800. 10 Performed dental services and billed insurance companies $5,100. 11 Received $1,000 cash advance from Leah Mataruka for a
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