Reference no: EM132179727
Question -
Jan 2 Jerry invested 30000 cash and 13200 worth of dental equipment in the business in exchange for common stock in a new corporation called J. A. Dentist Inc.
Jan 3 Paid two months of rent of 2000.
Jan 4 purchaes 1000 of dental supplies and paid cash.
Jan 4 Paid insurance premiums of 3,600 for 1 year insurance policy.
Jan 6 Earned and collected dental fees of 14,600 in cash during the week.
Jan 9 Paid a secretary a salary of 1200.
Jan 10 Purchased $300 of dental supplies on account.
Jan 11 Bought an automobile for business use. It cost $13000. Jerry paid $3000 cash and signed a note payable for the invoice.
Jan 13 Received a $240 telephone bill that will be paid later.
Jan 13 Billed customers $6000 for dental fees earned during the week.
Jan 16 Received a $150 electric bill that will be paid later in the month.
Jan 18 Paid $300 for dental supplies purchased on Jan 10.
Jan 20 Earned and collected dental fees of $4500 in cash during the week.
Jan 23 Paid $450 for advertising in a local newspaper.
Jan 23 Received a $75 water bill.
Jan 24 Paid $450 for another advertising in a local newspaper.
Jan 25 Received $2500 from customers on account.
Jan 27 Paid a dividend of $3500 to Jerry Andrew the sole stockholder.
Jan 30 Paid the utility bills (water, Telephone, electric.).
Jan 30 Billed customers $2000 for dental fees earned during the week.
Jan 31 Received $1500 from customers on account.
Prepare A trial Balance for January 2008?