2-Journal Entries (Ch. 2) Adam Wisdom is a dentist who practices under the business name...
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2-Journal Entries (Ch. 2) Adam Wisdom is a dentist who practices under the business name Wisdom's Teeth Care. During December 2021, the dentistry business had the following transactions: Dec 2 Dr. Wisdom made a $4,000 investment into the business. 3 Paid monthly rent for his office space of $510. 7 6 17 22 23 30 Completed the repair of a chipped tooth, collecting $650. Purchase dental equipment on account for $23,000. Took out a $33,000 loan from the bank for use in the business. Paid for the December 9th equipment purchase. Completed dental services on account totalling $820. Dr. Wisdom withdrew $5,000 for personal use. Required: (31 marks) 1) Prepare journal entries in proper format for each of the above transactions
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