Cash No. 101 Date Explanation Ref Debit Credit Balance Apr. 1 JI $20,000 $20,000 $1,500 18,500 JI Apr. 2 JI Apr. 11 $1,000 JI Apr. 20 Apr. 30 v JI $2,800 JI Apr. 30 $2,600 Accounts Receivable No. 112 Date Explanation Ref Debit Credit Balance $5,100 JI Аpr. 10 $5,100 Supplies No. 126 Date Explanation Ref Debit Credit Balance Apr. 3 $4,000 J1 $4,000 Accounts Payable No. 201 Date Explanation Ref Debit Credit Balance $4,000 JI Apr. 3 $4,000 Apr. 30 JI $2,600 Unearned Service Revenue No. 209 Date Explanation Ref Debit Credit Balance $1,000 JI Apr. 11 $1,000 Owner's Capital No. 301 Date Explanation Ref Debit Credit Balance Apr. 1 $20,000 JI $20,000 Service Revenue No. 400 Date Explanation Ref Debit Credit Balance Apr. 10 J1 $5,100 $5,100 JI Apr. 20 $2,100 wwwww Salaries and Wages Expense No. 726 Date Explanation Ref Debit Credit Balance Apr. 30 v JI $2,800 $2,800 Rent Expense No. 729 Date Explanation Ref Debit Credit Balance Apr. 2 JI $1,500 $1,500
Cash No. 101 Date Explanation Ref Debit Credit Balance Apr. 1 JI $20,000 $20,000 $1,500 18,500 JI Apr. 2 JI Apr. 11 $1,000 JI Apr. 20 Apr. 30 v JI $2,800 JI Apr. 30 $2,600 Accounts Receivable No. 112 Date Explanation Ref Debit Credit Balance $5,100 JI Аpr. 10 $5,100 Supplies No. 126 Date Explanation Ref Debit Credit Balance Apr. 3 $4,000 J1 $4,000 Accounts Payable No. 201 Date Explanation Ref Debit Credit Balance $4,000 JI Apr. 3 $4,000 Apr. 30 JI $2,600 Unearned Service Revenue No. 209 Date Explanation Ref Debit Credit Balance $1,000 JI Apr. 11 $1,000 Owner's Capital No. 301 Date Explanation Ref Debit Credit Balance Apr. 1 $20,000 JI $20,000 Service Revenue No. 400 Date Explanation Ref Debit Credit Balance Apr. 10 J1 $5,100 $5,100 JI Apr. 20 $2,100 wwwww Salaries and Wages Expense No. 726 Date Explanation Ref Debit Credit Balance Apr. 30 v JI $2,800 $2,800 Rent Expense No. 729 Date Explanation Ref Debit Credit Balance Apr. 2 JI $1,500 $1,500
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Fill out the missing boxes.
Transcribed Image Text:Problem 2-02A a-c (Video)
Vera Ernst is a licensed dentist. During the first month of the operation of her business, 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 $1,500.
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.
30 Paid $2,600 to Dazzle for accounts payable due.
Transcribed Image Text:Cash
No. 101
Date
Explanation Ref
Debit
Credit
Balance
Apr. 1
JI
$20,000
$20,000
$1,500
18,500
JI
Apr. 2
JI
Apr. 11
$1,000
J1
Apr. 20 v
Apr. 30
JI
$2,800
Apr. 30
J1
$2,600
Accounts Receivable
No. 112
Date
Explanation Ref
Debit
Credit
Balance
$5,100
J1
Apr. 10
$5,100
Supplies
No. 126
Date
Explanation Ref
Debit
Credit
Balance
Apr. 3
$4,000|
$4,000
JI
Accounts Payable
No. 201
Date
Explanation Ref
Debit
Credit
Balance
Apr. 3
JI
$4,000
$4,000
JI
Apr. 30
$2,600
Unearned Service Revenue
No. 209
Date
Explanation Ref
Debit
Credit
Balance
Apr. 11
JI
$1,000
$1,000
Owner's Capital
No. 301
Date
Explanation Ref
Debit
Credit
Balance
Apr. 1
JI
$20,000
$20,000
Service Revenue
No. 400
Date
Explanation Ref
Debit
Credit
Balance
Apr. 10 v
JI
$5,100
$5,100
Apr. 20
JI
$2,100
Salaries and Wages Expense
No. 726
Date
Explanation Ref
Debit
Credit
Balance
Apr. 30 v
JI
$2,800
$2,800
Rent Expense
No. 729
Date
Explanation Ref
Debit
Credit
Balance
Apr. 2 v
J1
$1,500
$1,500
Expert Solution
Step 1 Introduction
Ledgers: It is the main book or principal book of account. It is recording and totaling economic transaction measures in terms of a monetary unit of account type, with debits and credits in separate columns and a beginning monetary balance and ending monetary balance for each account.
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