Enter the transactions shown above in appropriate general ledger accounts Kawabata begins practice as a dentist, invests $20,000 cash, and issues 2,000 shares of $10 par stock. Purchases dental equipment on account from Green Jacket Co. for $17,280 Pays rent for office space, $680 for the month. Employs a receptionist, Michael Bradley. Purchases dental supplies for cash, $942. Receives cash of $1,690 from patients for services performed. Pays miscellaneous office expenses, $430. Bills patients $5,820 for services performed. Pays Green Jacket Co. on account, $3,600. Pays a dividend of $3,000 cash. Receives $980 from patients on account. Bills patients $2,110 for services performed. Pays the following expenses in cash: salaries and wages $1,800; miscellaneous office expenses $85. Dental supplies used during September, $330.
Enter the transactions shown above in appropriate general ledger accounts
Kawabata begins practice as a dentist, invests $20,000 cash, and issues 2,000 shares of $10 par stock.
Purchases dental equipment on account from Green Jacket Co. for $17,280
Pays rent for office space, $680 for the month.
Employs a receptionist, Michael Bradley.
Purchases dental supplies for cash, $942.
Receives cash of $1,690 from patients for services performed.
Pays miscellaneous office expenses, $430.
Bills patients $5,820 for services performed.
Pays Green Jacket Co. on account, $3,600.
Pays a dividend of $3,000 cash.
Receives $980 from patients on account.
Bills patients $2,110 for services performed.
Pays the following expenses in cash: salaries and wages $1,800; miscellaneous office expenses $85.
Dental supplies used during September, $330.
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