Question
Vera Ernst is a licensed dentist. During the first month of the operationof her business, the following events and transactions occurred. April 1Invested $23,000cash in
Vera Ernst is a licensed dentist. During the first month of the operationof her business, the following events and transactions occurred.
April 1Invested $23,000cash in her business.1Hired a secretary-receptionist at a salary of $500per week payable monthly.2Paid office rent for the month $1,300.3Purchased dental supplies on account from Dazzle Company $3,800.10Performed dental services and billed insurance companies $5,100.11Received $1,000cash advance from Leah Mataruka for an implant.20Received $1,800 cash for services performed from Michael Santos.30Paid secretary-receptionist for the month $2,000.30Paid $2,480 to Dazzle for accounts payable due
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