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View Policies -14 E Current Attempt in Progress Emily Valley is a licensed dentist. During the first month of the operation of her business, the following events and transactions Occurred. April 1 Invested $20,440 cash in hlat business. 1 Hired a secretary-receptionist at a salary of $785 per week payable monthly. 2 Paid office rent for the month $1,175. 3 Purchased dental supplies on account from Dazzle Company $ 4,025. 10 Performed dental services and billed insurance companies $5,150. 20 Received $2,035 cash for services performed from Michael Santos. 30 Paid secretary-receptionist for the month $3,140. 30 Paid $2,295 to Dazzle for accounts payable due. Emily uses the following chart of accounts: No. 101 Cash, No. 112 Accounts Receivable, No. 126 Supplies, No. 201 Accounts Payable, No. 311 Owner's Capital, No. 400 Service Revenue, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense. Journalize the transactions. (If no entry is required, select "No Entry" for the grount titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent marsally.) Date Account Titles and Explanation Debit Cred (Owner's investment of cash in business) (Hired secretary-receptionist) o H -14 (Purchased supplies) (Billed insurance companies) I (Performed services for cash) (Paid secretary-receptionist) -14 (Performed services for cash) (Paid secretary-receptionist) I (Paid against accounts due) Tothook and Media Question 4 of 6 > -14 = Post the journal entries to the ledger accounts. Cash No. 10 Date Explanation Ref. Debit Credit Balance J1 J1 J1 J1 > J1 No. 11 Accounts Receivable Credit Balance Date Debit Explanation Ref. J1 No.1 Supplies Balance Credit Debit Date Explanation Ref. Accounts Receivable -14 Date Explanation Ref. Debit No. 11 > Credit J1 Balance Supplies Date Explanation Ref. Debit No. 11 Credit J1 Balance Accounts Payable Date Explanation Ref. No. 2 Debit Credit Balance J1 J1 Owner's Capital No. 3d Date Explanation Ref. Debit Credit Balance J1 Service Revenue No. 40 Ipplies -74 Date Explanation Ref. Debit No. 126 > Credit J1 Balance counts Payable Date Explanation Ref. Debit No. 201 Credit Balance J1 J1 wner's Capital Date No. 301 Explanation Ref. Debit Credit Balance J1 ervice Revenue No. 400 Date Explanation Ref. Debit Credit Balance J1 to search O Date Explanation Ref. Debit No. 30 Credit J1 Balance Service Revenue Date Explanation Ref. Debit No. 40 Credit Balance J1 J1 Salaries and Wages Expense No. 72 Date Explanation Ref. Debit Credit Balance J1 Rent Expense No. 7 Date Explanation Ref. Debit Credit Balance J1

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