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

70.2K

Verified Solution

Question

Accounting

Crane 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 11 20 30 30 Invested $21,000 cash in her business. Hired a secretary-receptionist at a salary of $600 per week payable monthly. Paid office rent for the month $1,200. Purchased dental supplies on account from Dazzle Company $4,400. Performed dental services and billed insurance companies $4,700. Received $1,100 cash advance from Leah Mataruka for an implant. Received $1,800 cash for services performed from Michael Santos. Paid secretary-receptionist for the month $2,400. Paid $2,840 to Dazzle for accounts payable due.
image
Crane is a licensed dentist. During the fust month of the operation of her business, the following events and transactions occurred. April 1 Irwested $21,000 cashinher besiness. 1 Hired a secretary receptionist at a salary of $600 per week payable monthly. 2. Paid office rent for the month $1.200. 3 Purchased dental supplies on account from Darzle Company $4,400. 10 Performed dental services and billed insurance companies $4,700. 11 Received\$1,100 cash advance from Leah Mataruka for an implant. 20 Received $1.800 cach for services performed from Michael Santos. 30 Paid secretary-receptionist for the month $2.400. 30 Paid $2.840 to Darzle for accounts payable due

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students