Question

In: Accounting

Vera Ernst is a licensed dentist. During the first month of the operation of her business,...


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

Owner’s 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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