After operating for a month, Rosa Anderson's dental practice completed the following transactions during September: Sep 3

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After operating for a month, Rosa Anderson's dental practice completed the following transactions during September:

Sep 3 The business borrowed $35.000 from the bank, signing a note payable.

9 Performed service for patients on account, $1,250.

16 Received cash on account from patients, $500.

22 Received a utility bill, $380, which will be paid during October.

30 Paid the monthly salary to its dental assistant. $2,250.

30 Paid interest expense of $170 on the bank loan.

Using the steps outlined in the five-step transaction analysis, record the transactions in the journal?

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Financial Accounting

ISBN: 978-0134436111

4th edition

Authors: Robert Kemp, Jeffrey Waybright

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