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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 $22,000 cash in her business. 1 2 Hired a secretary-receptionist at a salary of $700 per week payable monthly. Paid office rent for the month $1,000. 3 Purchased dental supplies on account from Dazzle Company $3,000. 10 11 20 30 30 Performed dental services and billed insurance companies $4,600. Received $1,000 cash advance from Leah Mataruka for an implant. Received $2,700 cash for services performed from Michael Santos. Paid secretary-receptionist for the month $2,800. Paid $2,000 to Dazzle for accounts payable due.

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