Journalize transactions, post,and prepare a trial balance.(LO 2, 4, 6, 7)GLSJournalize the March transactions.P2-2B Alicia Hiram is a licensed dentist. During the first month of the operation of herbusiness, the following events and transactions occurred.April 112310Stockholders invested $40,000 cash in exchange for common stock.Hired a secretary-receptionist at a salary of $600 per week payable monthly.Paid office rent for the month $1,700.Purchased dental supplies on account from Jennings Company $5,200.Performed dental services and billed insurance companies $6,600.11Received $1,200 cash advance from Bob Carow for an implant.20 Received $2,100 cash for dental services performed for Ryan Banks.30Paid secretary-receptionist for the month $2,400.30 Paid $2,200 to Jennings Company for accounts payable due.Alicia uses the following chart of accounts: No. 101 Cash, No. 112 Accounts Receivable,No. 126 Supplies, No. 201 Accounts Payable, No. 209 Unearned Service Revenue, No. 311Common Stock, No. 400 Service Revenue, No. 726 Salaries and Wages Expense, and No. 729Rent Expense.Instructions(a) Journalize the transactions.(b) Post to the ledger accounts.(c) Prepare a trial balance on April 30, 2015.Problems: Set B 93(c) Trial balance totals $52,900

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Description: Journalize transactions, post,and prepare a trial balance.(LO 2, 4, 6, 7)GLSJournalize the March transactions.P2-2B Alicia Hiram is a licensed dentist. During the first month of the operation of herbusiness, the following events and transactions occ

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20 11 Received $1,200 cash advance from Bob Carow for an implant. Received $2,100 cash for dental services performed for Ryan Banks. Paid secretary-receptionist for the month $2,400. 30 30 Paid $2,200 to Jennings Company for accounts payable due. Alicia uses the following chart of accounts: No. 101 Cash, No. 112 Accounts Receivable, No. 126 Supplies, No. 201 Accounts Payable, No. 209 Unearned Service Revenue, No. 311 Common Stock, No. 400 Service Revenue, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense. Instructions (a) Journalize the transactions. (b) Post to the ledger accounts.

20 11 Received $1,200 cash advance from Bob Carow for an implant. Received $2,100 cash for dental services performed for Ryan Banks. Paid secretary-receptionist for the month $2,400. 30 30 Paid $2,200 to Jennings Company for accounts payable due. Alicia uses the following chart of accounts: No. 101 Cash, No. 112 Accounts Receivable, No. 126 Supplies, No. 201 Accounts Payable, No. 209 Unearned Service Revenue, No. 311 Common Stock, No. 400 Service Revenue, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense. Instructions (a) Journalize the transactions. (b) Post to the ledger accounts.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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post to general ledger
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