Question

I'm having issues filling out the journal entries, and I am not sure on how to calculate the balance, the second one is an example you don't have to answer, but how would I go about filling it out?
Vera Ernst is a licensed dentist. During the first month of the operation of her business, the following events and transactions occurred. April 1 1 2 3 10 Invested $18,000 cash in her business. Hired a secretary-receptionist at a salary of $500 per week payable monthly Paid office rent for the month $1,100. Purchased dental supplies on account from Dazzle Company $4,200. Performed dental services and billed insurance companies $4,700. Received $1,400 cash advance from Leah Mataruka for an implant. Received $2,100 cash for services performed from Michael Santos. Paid secretary-receptionist for the month $2,000. Paid $2,720 to Dazzle for accounts payable due. 20 30 30 (a) Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Apr. 1 Cash 18,000 Owner's Capital 18,000 (Owner's investment of cash in business) Rent Expense Apr. 2 1200 Cash 1200 (Hired a secretary-receptionist) (Paid monthly office rent) (Purchased supplies on account from Dazzle Company)

Answer 1

Deute Account Titles and explenection April L Cash Owner's (cawners invest - Capitel cash in business) o April. f. C Hired. entry Secretary is not required. because its event transaction) entry nor Troo April 2 Rent -1, iso Expense cesh paiel) Crent April 3. - 4,200 Purchase Account Payable ( Purchase of dental Sippies , to Apsil. to Account Recievable Service Revenue Billed) (service Provide غیر 1,400 April 1,400 Ceesh Unecerned service Revenue (eesh recieved for unearned service) ak 2,100 Cresh и Aprile 20 2,100 Sernice TO Revenue for sevice .) ( cash gecived Phye N...---

- Dr 2poo April Bo 2,000 Salary exepenses cresh (salary paide & in (cash ) April Bo لوم 2,720 2,720 Account Payable ccash. ( Account Payable paide in cash) for second example, If account is debited then amount debited cerite side of e That T Accound. Axample 15+ debited. So entry Cash is write camount. side of cash the clebit account =2 And 24 account credited then write amount credit side est entry Example is Creclined Credit side So, of ownez capital write cet ownes capital. account Page No.: ...