Question

Alignments > Chapter 2 Assignment Chapter 2 Assignment Synced to Gradebook Question 3 View Policies Current Attempt in Progress Emily Valley is a licensed dentist. During the first month of operation of her business, the followin actions occurred Apr. 1 Invested $17.600 cash in her business 1 Hired a secretary-receptionist at a salary of $620 per week payable month 2 Paid officerent for the month of $1000 3 Purchased dental supplies on account from Date Company of $3.500 10 Performed dental services and bled insurance companies $4.500 11 Received $900 cash advance from Leah Matarka for an implant 20 Received $100 cash for services performed from Micha Santos 30 Paid Secretary-receptionist $2.480 for the month 30 Paid $2.100 to Dazzle for accounts payable due Emily uses the following chart of accounts: No. 101 Cash No 112 Accounts Receivable No 126 Supplies No 01 Accounts Expense and No. 729 Rent Expense . No 20 U R N 301 0 0 S R 2 r Journalize the transactions. Credit accounts are automatically indented when amount is entered Domeindent manual o order presented in the problem) Date Account Titles and Explanation Debit Credit exte r the ind u ced the Invested in the business arch AAD EN 23-01-20 DOLL

Answer 1

Credit Date Apr 1 Debit $17,600 Accounts Titles and Explanation Cash Owner's Capital (Investment in the business) $17,600 Apr 1 No Entry Apr 2 $1,000 Rent Expense Cash (Paid cash for office rent) $1,000 Apr 3 $3,500 Supplies Accounts Payable (Purchase supplies on account) $3,500 Apr 10 $4,500 Accounts Receivable Service Revenue (Billed customer for service) $4,500 Apr 11 $900 Cash Unearned service Revenue (Receive cash advance for an implant) $900 Apr 20 $1,800 Cash Service Revenue (Receive cash for service performed) $1,800 Apr 30 $2,480 Salary Expense Cash (Paid cash for salaries) $2,480 Apr 30 $2,100 Accounts Payable Cash (Paid creditors on account) $2,100