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serious [3.7K]
3 years ago
10

Vera Ernst 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 $1,500.
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 $2,600 to Dazzle for accounts payable due.

Required:
Journalize the transactions.
Business
1 answer:
liberstina [14]3 years ago
6 0

Answer:

April 1 Invested $20,000 cash in her business.

Dr Cash 20,000

    Cr Vera, Ernst, capital 20,000

1 Hired a secretary-receptionist at a salary of $700 per week payable monthly.

no journal entry required

2 Paid office rent for the month $1,500.

Dr Rent expense 1,500

    Cr Cash 1,500

3 Purchased dental supplies on account from Dazzle Company $4,000.

Dr Supplies 4,000

    Cr Accounts payable 4,000

10 Performed dental services and billed insurance companies $5,100.

Dr Accounts receivable 5,100

    Cr Service revenue 5,100

11 Received $1,000 cash advance from Leah Mataruka for an implant.

Dr Cash 1,000

    Cr Deferred revenue 1,000

20 Received $2,100 cash for services performed from Michael Santos.

Dr Cash 2,100

    Cr Service revenue 2,100

30 Paid secretary-receptionist for the month $2,800.

Dr Wages expense 2,800

    Cr Cash 2,800

30 Paid $2,600 to Dazzle for accounts payable due.

Dr Accounts payable 2,600

    Cr Cash 2,600

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Five years ago, Alicia invested $10,000 at 5% interest. How much less money would she have today if she had invested the money a
Strike441 [17]

Answer:

$596.29 less

Explanation:

A = P(1+r)^n

P = $10,000

n = 5 years

If she invested at 5%, r = 5% = 0.05

A = 10,000(1+0.05)^5 = 10,000 × 1.05^5 = $12762.82

If she invested at 4%, r = 4% = 0.05

A = 10,000(1+0.04)^5 = 10,000 × 1.04^5 = $12166.53

Amount of money she would have less if she invested at 4% instead of 5% = $12762.82 - $12166.53 = $596.29

3 0
3 years ago
How do i type i am serious
Butoxors [25]

1

Place your fingers in the "home" position. That's the position in which your fingers will rest between keystrokes. No matter what part of the keyboard you're using, your fingers will always come back to rest in this position.[1]

Place your right index finger on the "J" key and let the other three fingers fall naturally onto the "K", "L" and ";" keys respectively. Place your left index finger on the "F" key and let the other three finger fall naturally onto the "D", "S", and "A" keys respectively. Both thumbs should rest on the space bar, but only the right thumb should key it.[2]

You should feel a raised bump on both the "F" and "J" keys. These will allow your fingers to find the home position without having to look at the keyboard.

2

Type each key from left to right. Type each letter covered by the fingers in the home position, going from left to right: a s d f j k l ;. You shouldn't have to move your fingers from their home positions. Just press the keys they are resting on.

3

Repeat, but this time capitalize. Repeat the step above, but this time in capital letters: A S D F J K L :. Use the shift key to capitalize rather than the caps lock. Push the shift key by moving only your nearest pinkie finger and pressing and holding it while pushing the desired letter with your other hand.

In other words, when the letter you would like capitalized is typed with your left hand, you press the right shift key with your right pinkie.

When the letter you would like capitalized is typed with your right hand, you press the left shift key with your left pinkie.

4

Become familiar with the rest of the alphabet. Learn where each letter is positioned on the keyboard, and use the nearest finger to contact each key. (The thumbs are never the nearest finger; they are used only on the space bar.)[3]

"q" "a" and "z" are typed with the left pinkie, and so are the tab, caps lock, and shift keys.

"w" "s" and "x" are typed with the left ring finger.

"e" "d" and "c" are typed with the left middle finger.

"r" "f" "v" "b" "g" and "t" are typed with the left index finger.

Your thumbs should never leave the space bar.

"u" "j" "n" "m" "h" and "y" are typed with your right index finger.

"i" "k" and the keys with "," and "<" are typed with the right middle finger.

"o" "l" and the keys with ">" and "." are typed with the right ring finger.

Your right pinkie finger is used for typing: "p", ";", ":", "'", """ (a quotation mark), "/", "?", "[", "{", "]", "}", "\", "|", and is used for pressing the shift, enter, and backspace keys.

5

Type your first sentence. Starting from the home position, type: "The quick brown fox jumps over the lazy dog". This sentence contains every letter in the alphabet, so it's a perfect sentence for practicing the correct finger positioning.

Type the sentence over and over, watching your fingers to make sure they go to the right keys and immediately return to home position.

Once you begin to feel comfortable with the way your fingers are moving, try to look at the screen while you type rather than looking at the keyboard. This is known as touch typing.

5 0
3 years ago
What are the two most important chemical reactions on earth?
viva [34]
Photosynthesis and respiration 
8 0
3 years ago
Altoon Manufacturing's records were partially destroyed in a flood. The company does not know what sales have been for the year,
Masteriza [31]

Answer:

a. $164,000

Explanation:

The computation of the Altoon Manufacturing's sales for the year until the flood is given below:

= Cash collections + ending receivables - opening receivables

= $158,000 + $25,000 - $19,000

= $164,000

hence, the Altoon Manufacturing's sales for the year until the flood is $164,000

Therefore the first option is correct

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3 years ago
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anastassius [24]

Answer:

Explanation:

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A. Buyers

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Are households primarily buyers or sellers in the labor market?

B. Sellers

- Households are sellers in the labor market. They sell their services in exchange for wages

Are firms primarily buyers or sellers in the in the labor market

A. Buyers

Firms are buyers in the labor market. They buy the services of households

Are firms primarily buyers or sellers in the goods and services market?

B. Sellers

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4 years ago
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