Listed below are the transactions of Yasunari Kawabata, D.D.S., for the month of September.
Sept. 1 |
Kawabata begins practice as a dentist and invests $20,000 cash. |
|
1 |
Purchases a one-year insurance policy for $1,200, paying the entire amount in cash. |
|
2 |
Purchases dental equipment on account from Green Jacket Co. for $17,280. |
|
2 |
Collects $3,000 prepayment from patient for 2 year orthodontic treatment plan. |
|
4 |
Pays rent for office space, $680 for the month. |
|
4 |
Employs a receptionist, Michael Bradley. |
|
5 |
Purchases dental supplies for cash, $942. |
|
8 |
Receives cash of $1,690 from patients for services performed. |
|
10 |
Pays miscellaneous office expenses, $430. |
|
14 |
Bills patients $5,820 for services performed. |
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18 |
Pays Green Jacket Co. on account, $3,600. |
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19 |
Withdraws $3,000 cash from the business for personal use. |
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20 |
Receives $980 from patients on account. |
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25 |
Bills patients $2,110 for services performed. |
|
30 |
Pays the following expenses in cash: Salaries and wages $1,800; miscellaneous office expenses $85. (Record each separately.) |
Enter the transactions shown above in appropriate general ledger accounts. Then prepare a Trial Balance for September 30. (Do not book any adjusting entries yet.)
Yasunari Kawabata | Cash | Accounts Payable | ||||||||||
Trial Balance | Sep 1 | $20,000 | Sep 1 | $1,200 | Sep 2 | $17,280 | ||||||
For the Month Ended Sept. 30 | Sep 2 | $3,000 | Sep 4 | $680 | Sep 18 | $3,600 | ||||||
Sep 8 | $1,690 | Sep 5 | $942 | |||||||||
Account Titles | Debit | Credit | Sep 20 | $980 | Sep 10 | $430 | Bal. | $13,680 | ||||
Cash | $13,933 | Sep 18 | $3,600 | |||||||||
Accounts receivable | $6,950 | Sep 19 | $3,000 | Yasunari Kawabata, Capital | ||||||||
Supplies | $942 | Sep 30 | $1,800 | Sep 1 | $20,000 | |||||||
Prepaid Insurance | $1,200 | Sep 30 | $85 | |||||||||
Equipment | $17,280 | Bal. | $20,000 | |||||||||
Accumulated Depreciation - Equipment | $0 | Bal. | $13,933 | |||||||||
Accounts payable | $13,680 | |||||||||||
Unearned Revenue | $3,000 | Equipment | Yasunari Kawabata, Drawing | |||||||||
Yasunari Kawabata, Capital | $20,000 | Sep 2 | $17,280 | Sep 19 | $3,000 | |||||||
Yasunari Kawabata, Drawing | $3,000 | |||||||||||
Revenue | $9,620 | Bal. | $17,280 | Bal. | $3,000 | |||||||
Rent Expense | $680 | |||||||||||
Office Expense | $515 | Accounts Receivable | Revenue | |||||||||
Salaries Expense | $1,800 | Spe 14 | $5,820 | Sep 20 | $980 | Spe 8 | $1,690 | |||||
Depreciation Expense | $0 | Spe 25 | $2,110 | Sep 14 | $5,820 | |||||||
$46,300 | $46,300 | Sep 25 | $2,110 | |||||||||
Bal. | $6,950 | Sep 30 | $9,620 | |||||||||
Supplies | Unearned Revenue | |||||||||||
Sep 5 | $942 | Sep 2 | $3,000 | |||||||||
Bal. | $942 | Bal. | $3,000 | |||||||||
Prepaid Insurance | Office Expense | |||||||||||
Sep 1 | $1,200 | Sep 10 | $430 | |||||||||
Sep 30 | $85 | |||||||||||
Bal. | $1,200 | |||||||||||
Sep 30 | $515 | |||||||||||
Rent Expense | Salaries and wages | |||||||||||
Sep 4 | $680 | Sep 30 | $1,800 | |||||||||
Sep 30 | $680 | Sep 30 | $1,800 | |||||||||
Listed below are the transactions of Yasunari Kawabata, D.D.S., for the month of September. Sept. 1...
Listed below are the transactions of Yasunari Kawabata, D.D.S., for the month of September. Sept. 1 Kawabata begins practice as a dentist and invests $20,000 cash. 1 Purchases a one-year insurance policy for $1,200, paying the entire amount in cash. 2 Purchases dental equipment on account from Green Jacket Co. for $17,280. 2 Collects $3,000 prepayment from patient for 2 year orthodontic treatment plan. 4 Pays rent for office space, $680 for the month. 4 Employs a receptionist, Michael Bradley....
Listed below are the transactions of Alan Kawabata, D.D.S., for the month of September. Sept. 1 Kawabata begins practice as a dentist and invests $21,960 cash. 2 Purchases dental equipment on account from Green Jacket Co. for $17,340. 4 Pays rent for office space, $882 for the month. 4 Employs a receptionist, Michael Bradley. 5 Purchases dental supplies for cash, $991 8 Receives cash of $1,700 from patients for services performed. 10 Pays miscellaneous office expenses, $440. 14 Bills patients...
Listed below are the transactions of Morgan Kawabata, D.D.S., for the month of September. Sept. 1 Kawabata begins practice as a dentist and invests $21,560 cash. 2 Purchases dental equipment on account from Green Jacket Co. for $17,520. 4 Pays rent for office space, $865 for the month. 4 Employs a receptionist, Michael Bradley. 5 Purchases dental supplies for cash, $1,012. 8 Receives cash of $1,770 from patients for services performed. 10 Pays miscellaneous office expenses, $500. 14 Bills patients...
Listed below are the transactions of John Kawabata, D.D.S., for the month of September. Sept. 1 Kawabata begins practice as a dentist and invests $21,480 cash. 2 Purchases dental equipment on account from Green Jacket Co. for $19,140. 4 Pays rent for office space, $763 for the month. 4 Employs a receptionist, Michael Bradley. 5 Purchases dental supplies for cash, $966. 8 Receives cash of $1,720 from patients for services performed. 10 Pays miscellaneous office expenses, $450. 14 Bills patients...
Listed below are the transactions of Kenneth Clark, D.D.S., for the month of September. Sept. 1 Clark begins practice as a dentist, invests $18,790 cash and issues 1,879 shares of $10 par stock. 2 Purchases dental equipment on account from Green Jacket Co. for $18,300. 4 Pays rent for office space, $620 for the month. 4 Employs a receptionist, Michael Bradley. 5 Purchases dental supplies for cash, $880. 8 Receives cash of $1,830 from patients for services performed. 10 Pays...
P3-1 (Transactions, Financial Statements—Service Company) Listed below are the transactions of Yasunari Kawabata, D.D.S., for the month of September.Sept. 1 Kawabata begins practice as a dentist and invests $20,000 cash.2 Purchases furniture and dental equipment on account from Green Jacket Co. for $17,280.4 Pays rent for office space, $680 for the month.4 Employs a receptionist, Michael Bradley.5 Purchases dental supplies for cash, $942.8 Receives cash of $1,690 from patients for services performed.10 Pays miscellaneous office expenses, $430.14 Bills patients $5,820...
Listed below are the transactions of Adam Kawabata, D.D.S., for the month of September. Sept. 1 Kawabata begins practice as a dentist and invests $24,450 cash. 2 Purchases dental equipment on account from Green Jacket Co. for $18,900. 4 Pays rent for office space, $770 for the month. 4 Employs a receptionist, Michael Bradley. 5 Purchases dental supplies for cash, $1,035. 8 Receives cash of $1,760 from patients for services performed. 10 Pays miscellaneous office expenses, $520. 14 Bills patients...
Listed below are the transactions of William Brown, D.D.S., for the month of September Sept. 1 Brown begins practice as a dentist, invests $20,160 cash and issues 2,016 shares of $10 par stock. 2 Purchases dental equipment on account from Green Jacket Co. for $17,580. 4 Pays rent for office space, $650 for the month. 4 Employs a receptionist, Michael Bradley. 5 Purchases dental supplies for cash, $870. 8 Receives cash of $1,540 from patients for services performed. 10 Pays...
Listed below are the transactions of James Smith, D.D.S., for the month of September. Sept. 1 Smith begins practice as a dentist, invests $20,620 cash and issues 2,062 shares of $10 par stock. 2 Purchases dental equipment on account from Green Jacket Co. for $17,340. 4 Pays rent for office space, $740 for the month. 4 Employs a receptionist, Michael Bradley. 5 Purchases dental supplies for cash, $890. 8 Receives cash of $1,740 from patients for services performed. 10 Pays miscellaneous...
4 S 18 P3-1 (L02,4,5) (Transactions, Financial Statements-Service Company) Listed below are the transactions of Yasunari Rawa- bata, D.D.S., for the month of September Sept. 1 Kawabata begins practice as a dentist and invests $20,000 cash. 2 Purchases dental equipment on account from Green Jacket Co. for $17,280 Pays rent for office space, 5680 for the month. 4 Employs a receptionist, Michael Bradley 5 Purchases dental supplies for cash, $942. Receives cash of $1,690 from patients for services performed. 10...