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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

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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 2 3 10 Invested $22,000 cash in her business. Hired a secretary-receptionist at a salary of $700 per week payable monthly. Paid office rent for the month $1,000. Purchased dental supplies on account from Dazzle Company $3,900. Performed dental services and billed insurance companies $5,000. Received $1,500 cash advance from Leah Mataruka for an implant. Received $2,200 cash for services performed from Michael Santos. Paid secretary-receptionist for the month $2,800. Paid $2,540 to Dazzle for accounts payable due. 11 20 30 30 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)

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