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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

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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 Invested $21,000 cash in her business. 1 Hired a secretary-receptionist at a salary of $600 per week payable monthly. 2 Paid office rent for the month $1,100. 3 Purchased dental supplies on account from Dazzle Company $3,300. Performed dental services and billed insurance companies $4,500. 10 11 20 30 30 Received $1,000 cash advance from Leah Mataruka for an implant. Received $2,600 cash for services performed from Michael Santos. Paid secretary-receptionist for the month $2,400. Paid $2,180 to Dazzle for accounts payable due

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