Question: Ms Robika is a professional dentist, she opened a new dental clinic in a small town on first April 2019. During the first month of

 Ms Robika is a professional dentist, she opened a new dental

Ms Robika is a professional dentist, she opened a new dental clinic in a small town on first April 2019. During the first month of the operation of her business, the following events and transactions occurred. April 1 Invested $120,000 cash. 1 Hired a secretary-receptionist at a salary of $1800 per week payable monthly. 2 Paid office rent for the month $3,000. 3 Purchased dental supplies on account from Smile Company $12,000. 10 Provided dental services and billed insurance companies $15,300. 11 Received $3,000 cash advance from Trudy Borke for an implant. 20 Received $6,300 cash for services completed and delivered to John Stanley 30 Paid secretary-receptionist for the month $7.200. 30 Paid $4,800 to Smile Company for accounts payable due. Instructions: (a) Journalize the transactions. (b) Post to the ledger accounts. (c) Prepare a trial balance on April 30, 2010. Journal Book DateAccount Titles and Explanation Ref|Debit|Credit Ledger Accounts DatexplanationepeberedBalance Trial Balance Particulars Debit Credit

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!