Question
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
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 $18,000 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 $1,200. | |
| 3 | Purchased dental supplies on account from Dazzle Company $3,700. | |
| 10 | Performed dental services and billed insurance companies $4,800. | |
| 11 | Received $1,400 cash advance from Leah Mataruka for an implant. | |
| 20 | Received $2,800 cash for services performed from Michael Santos. | |
| 30 | Paid secretary-receptionist for the month $2,000. | |
| 30 | Paid $2,420 to Dazzle for accounts payable due. |
Post to the ledger accounts. (Post entries in the order of journal entries presented in the previous question.)
| Cash | No. 101 | ||||
| Date | Explanation | Ref | Debit | Credit | Balance |
| Apr. 1Apr. 2Apr. 3Apr. 7Apr. 10Apr. 11Apr. 12Apr. 17Apr. 20Apr. 30 | J1 | ||||
| Apr. 1Apr. 2Apr. 3Apr. 7Apr. 10Apr. 11Apr. 12Apr. 17Apr. 20Apr. 30 | J1 | ||||
| Apr. 1Apr. 2Apr. 3Apr. 7Apr. 10Apr. 11Apr. 12Apr. 17Apr. 20Apr. 30 | J1 | ||||
| Apr. 1Apr. 2Apr. 3Apr. 7Apr. 10Apr. 11Apr. 12Apr. 17Apr. 20Apr. 30 | J1 | ||||
| Apr. 1Apr. 2Apr. 3Apr. 7Apr. 10Apr. 11Apr. 12Apr. 17Apr. 20Apr. 30 | J1 | ||||
| Apr. 1Apr. 2Apr. 3Apr. 7Apr. 10Apr. 11Apr. 12Apr. 17Apr. 20Apr. 30 | J1 | ||||
| Accounts Receivable | No. 112 | ||||
| Date | Explanation | Ref | Debit | Credit | Balance |
| Apr. 1Apr. 2Apr. 3Apr. 7Apr. 10Apr. 11Apr. 12Apr. 17Apr. 20Apr. 30 | J1 | ||||
| Supplies | No. 126 | ||||
| Date | Explanation | Ref | Debit | Credit | Balance |
| Apr. 1Apr. 2Apr. 3Apr. 7Apr. 10Apr. 11Apr. 12Apr. 17Apr. 20Apr. 30 | J1 | ||||
| Accounts Payable | No. 201 | ||||
| Date | Explanation | Ref | Debit | Credit | Balance |
| Apr. 1Apr. 2Apr. 3Apr. 7Apr. 10Apr. 11Apr. 12Apr. 17Apr. 20Apr. 30 | J1 | ||||
| Apr. 1Apr. 2Apr. 3Apr. 7Apr. 10Apr. 11Apr. 12Apr. 17Apr. 20Apr. 30 | J1 | ||||
| Unearned Service Revenue | No. 209 | ||||
| Date | Explanation | Ref | Debit | Credit | Balance |
| Apr. 1Apr. 2Apr. 3Apr. 7Apr. 10Apr. 11Apr. 12Apr. 17Apr. 20Apr. 30 | J1 | ||||
| Owners Capital | No. 301 | ||||
| Date | Explanation | Ref | Debit | Credit | Balance |
| Apr. 1Apr. 2Apr. 3Apr. 7Apr. 10Apr. 11Apr. 12Apr. 17Apr. 20Apr. 30 | J1 | ||||
| Service Revenue | No. 400 | ||||
| Date | Explanation | Ref | Debit | Credit | Balance |
| Apr. 1Apr. 2Apr. 3Apr. 7Apr. 10Apr. 11Apr. 12Apr. 17Apr. 20Apr. 30 | J1 | ||||
| Apr. 1Apr. 2Apr. 3Apr. 7Apr. 10Apr. 11Apr. 12Apr. 17Apr. 20Apr. 30 | J1 | ||||
| Salaries and Wages Expense | No. 726 | ||||
| Date | Explanation | Ref | Debit | Credit | Balance |
| Apr. 1Apr. 2Apr. 3Apr. 7Apr. 10Apr. 11Apr. 12Apr. 17Apr. 20Apr. 30 | J1 | ||||
| Rent Expense | No. 729 | ||||
| Date | Explanation | Ref | Debit | Credit | Balance |
| Apr. 1Apr. 2Apr. 3Apr. 7Apr. 10Apr. 11Apr. 12Apr. 17Apr. 20Apr. 30 | J1 | ||||
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