Reference no: EM132923704

Question - Ahmad started its dental hospital. Transcations are given below:

April 1 Invested $30,000 cash.

April 2 Paid office rent for the month $3,000.

April 4 Purchased office computer for Rs $1,000.

April5 Owner brought his personal furniture of $ 5000 in clinic.

April 6 Purchased dental equipment on account on credit $4,000.

April 8 Received a bank loan in cash of $ 10,000.

April 10 Provided dental services, billed and received cash $5,100.

April 11 Received $2,000 cash from Trudy Broke for services.

April. 20 Received $2,100 cash for services completed to Adam.

April 22 Paid bank loan of $5000.

April 23 Paid salaries for the month $3000.

April 24 Paid heating bill of $ 800 in cash.

April 25 Returned bank loan of $ 4000 in cash.

April 27 Paid $3000 to smile company for dental equipment purchased on April 5.

April 29 Paid electricity bill of $600.

April 30 Paid Advertising expense of $1200.

Required -

Q1. Prepare T-Accounts?

Q2. Prepare Trail balance end the month?

Q3. Prepare income statement of the month.

Q4. Prepare Balance Sheet as on April 30, 2020?