Emily Valley 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 $1,100.
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 $2,400 to Dazzle for accounts payable due.
Emily uses the following chart of accounts: No. 101 Cash, No.
112 Accounts Receivable, No. 126 Supplies, No. 201 Accounts
Payable, No. 209 Unearned Service Revenue, No. 301 Owners
Capital, No. 400 Service Revenue, No. 726 Salaries and Wages
Expense, and No. 729 Rent Expense.
Instructions
(a) Journalize the transactions.
(b) Post to the ledger accounts.
(c) Prepare a trial balance on April 30, 2017.

GENERAL Journal

Date
APRIL 1

Account Title AND Trans

Cash

Debit
20,000

EMILY Vally CAPTIAL (Owner Capital )

1
2

NO ENTRY NEEDED AT POINT OF

HIRING
Rent (expense)
CASH (pay for moth )

Credit
20,000

1100
1100

3
10
11
20
30
30

Supplies
Account Payable
Account Receivable
Service Revenue
Cash
Unearned Service Revenue
Cash
Service Revenue
Salaries and Wage Expense
Cash
Account Payable
Cash

4000
4000
5100
5100
1000
1000
2100
2100
2800
2800
2400
2400

Posting
CASH
Dr +
Cr(1)20,000 1100(2)
(11) 1000 2800(30)
(20) 2100 2400(30)
Supplies=16800

+ Dr -Cr
(3)
4000
Salaries
and Wage

Account Receivable
Expense

+ Dr -Cr
(30)2800

Dr+

Cr-

(10)EMILY
5100 Vally CAPTIAL
(Owner Capital )

Dr -

Cr+
20,000 (1)

Account Payable

Dr-

Cr+

(30)2400

4000(3)

TOTAL= 1600

Unearned
Service
Service Revenue
Revenue

Dr -Dr

Cr|+
Cr+
5100 (10)
1000(11)
2100(20)

Rent (expense)

Dr +
(2)1100

TOTAL =7200

Cr-

Emily Vally Licensed Dentist

Trial balance
On April 30,2017
ACCOUNT TITLIE
CASH
Account Receivable

Dr=Cr
Debit Credit
16800
5100

Supplies
4000

EMILY Vally CAPTIAL (Owner

Capital )

20000

Account Payable

1600
1000

Unearned Service Revenue

Service Revenue
Salaries and Wage Expense
Rent (expense)
THE TOTOAL=

7200
2800
1100
29,800$ 29,800$