Current Attempt in Progress Mary Smith, D D S , opened a dental practice on January 1 , 2 0 2 0 During the first month of operations, the following transactions occurred 1 Performed services for patients who had dental plan insurance At January 3 1 , $ 7 8 3 of such services was performed but not yet billed to the insurance companies 2 Utility expenses incurred but not paid prior to January 3 1 totaled $ 4 9 8 3 Purchased dental equipment on January 1 for $ 7 6 , 0 0 0 , paying $ 1 8 , 0 0 0 in cash and signing a $ 5 8 , 0 0 0 , 3 year note payable ( a ) The equipment depreciates $ 3 7 6 per month ( b ) Interest is $ 4 6 0 per month 4 Purchased a one year malpractice insurance policy on January 1 for $ 1 2 , 2 4 0 5 Purchased $ 1 , 6 1 2 of dental supplies On January 3 1 , determined that $ 4 5 0 of supplies were on hand

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Current Attempt in Progress Mary Smith, D   D   S   , opened a dental practice on January 1 , 2 0 2 0   During the first month of operations, the following transactions occurred  1   Performed services for patients who had dental plan insurance  At January 3 1 , $ 7 8 3 of such services was performed but not yet billed to the insurance companies  2   Utility expenses incurred but not paid prior to January 3 1 totaled $ 4 9 8   3   Purchased dental equipment on January 1 for $ 7 6 , 0 0 0 , paying $ 1 8 , 0 0 0 in cash and signing a $ 5 8 , 0 0 0 , 3   year note payable  ( a ) The equipment depreciates $ 3 7 6 per month  ( b ) Interest is $ 4 6 0 per month  4   Purchased a one   year malpractice insurance policy on January 1 for $ 1 2 , 2 4 0   5   Purchased $ 1 , 6 1 2 of dental supplies  On January 3 1 , determined that $ 4 5 0 of supplies were on hand

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Question: Current Attempt in Progress Mary Smith, D . D . S . , opened a dental practice on January 1 , 2 0 2 0

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