Bonita 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 $1,100.
3 Purchased dental supplies on account from Dazzle Company $4,200.
10 Performed dental services and billed insurance companies $4,700.
11 Received $1,400 cash advance from Leah Mataruka for an implant.
20 Received $2,100 cash for services performed from Michael Santos.
30 Paid secretary-receptionist for the month $2,000.
30 Paid $2,720 to Dazzle for accounts payable due.
(a)
Partially correct answer icon
Your answer is partially correct.
Journalize the transactions. (List all debit entries before credit entries. 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 0 for the amounts.)
Date
Account Titles and Explanation
Debit
Credit
choose a transaction date
enter an account title to record the owner’s investment of cash in business
Owner's investment of cash in business
enter a debit amount
$18,000
enter a credit amount
enter an account title to record the owner’s investment of cash in business
enter a debit amount
enter a credit amount
(Owner’s investment of cash in business)
choose a transaction date
enter an account title to record a recruitment of secretary-receptionist
enter a debit amount
enter a credit amount
enter an account title to record a recruitment of secretary-receptionist
enter a debit amount
enter a credit amount
(Hired a secretary-receptionist)
choose a transaction date
enter an account title to record the payment of monthly office rent
enter a debit amount
enter a credit amount
enter an account title to record the payment of monthly office rent
enter a debit amount
enter a credit amount
(Paid monthly office rent)
choose a transaction date
enter an account title to record the purchase of supplies on account from Dazzle Company
enter a debit amount
enter a credit amount
enter an account title to record the purchase of supplies on account from Dazzle Company
enter a debit amount
enter a credit amount
(Purchased supplies on account from Dazzle Company)
choose a transaction date
enter an account title to record billing the clients for services performed
enter a debit amount
enter a credit amount
enter an account title to record billing the clients for services performed
enter a debit amount
enter a credit amount
(Billed clients for services performed)
choose a transaction date
enter an account title to record the receipt of the cash for future service
enter a debit amount
enter a credit amount
enter an account title to record the receipt of the cash for future service
enter a debit amount
enter a credit amount
(Received cash for future service)
choose a transaction date
enter an account title to record the receipt of the cash for services performed
enter a debit amount
enter a credit amount
enter an account title to record the receipt of the cash for services performed
enter a debit amount
enter a credit amount
(Received cash for services performed)
choose a transaction date
enter an account title to record the payment of monthly salary
enter a debit amount
enter a credit amount
enter an account title to record the payment of monthly salary
enter a debit amount
enter a credit amount
(Paid monthly salary)
choose a transaction date
enter an account title to record the payment to Dazzle Company on account
enter a debit amount
$2,720
enter a credit amount
enter an account title to record the payment to Dazzle Company on account
enter a debit amount
enter a credit amount
(Paid Dazzle Company on account)