Reference no: EM132973969
Question - Ahuja Dental Services' general ledger at June 30, 2021, included the following: Cash, $6,440, Supplies, $1,000, Equipment, $66,000, Notes Payable, $49,600, Accounts Payable, $800, and S. Ahuja, Capital $23,040. During July 2021, the following transactions occurred:
July 2 Paid July's rent of $1,430.
July 4 Purchased $680 supplies on account.
July 15 Paid the accounts payable owing from June 30, 2021.
July 31 Paid the dental assistant's salary of $2,120.
July 31 Provided $10,070 of dental services during July. Collected $9,480 of this in cash.
-Journalize July's transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.)
-Create T accounts and enter the balances as at June 30, 2021.
-Post the July journal entries
-Make a trial balance.
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