Question: Instructions: 1. Answer all questions. 2. Write all answers in answer booklet using PEN. Clearly cross out any works/calculations not intended for examiner. M. Kareem
Instructions: 1. Answer all questions. 2. Write all answers in answer booklet using PEN. Clearly cross out any works/calculations not intended for examiner. M. Kareem is a licensed dentist, during the first month of operations, the following events and transactions occurred: April 1 Invested 20,000 cash in her business. 1 Hired a secretary-receptionist at a salary of 700 per week payable monthly 2 Paid office rent for the month 1,100. 3 Purchased dental supplies on account from Dazzle Company 4,000. 10 Performed dental services and billed insurance companies 5,100. 11 Received 1,000 cash advance from Leah Mataruka for an implant. 20 Received 2,100 cash for services performed from Michael Santos. 30 Paid secretary-receptionist for the month 2,800. Paid 2.400 to Dazzle for accounts payable due. Required: a) Journalize the above transactions b) Post them to the ledger accounts c) Prepare a trail balance on April 30, 2020 Q1 (4 Marks)
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