Business Transactions

"Name "Class "Dr . Leo Krusack Accounts "June , 2006 "Assets "Liabilities "Capital and Profits "Revenues "Bank "Electricity Payable "Capital "Service Revenue "1 "Capital "20000 "1 "Furniture "500 "30 "Balance c /d "250 "30 "Electricity Exp "250 "30 "Balance c /d "43000 "1 "Bank "20000 "30 "Profit Loss "8380 "30 "Bank "3540 "30 "Service Revenue "3540 "2 "Office Rent "1200 "1 "Dental equipment "23000 "30 "Accounts Receivable "4840 "3 "Insurance "3000 "43000 "43000 "8380 "8380 "15 "Salaries Expense "1500 "Accounts Payable "30 "Salaries Expense "1500 "30 "Balance c /d "5000 "2 "Dental supplies "5000 "30 "Drawings "300 "Retained Earnings "30 "Balance c

/d "15540 "30 "Expenditure "6950 "30 "Income "8380 "23540 "23540 "30 "Balance c /d "1430 "8380 "8380 "Accounts Receivable "Drawings "30 "Service Revenue "4840 "30 "Balance c /d "4840 "30 "Bank "300 "30 "Balance c /d "300 "Dental Equipment "1 "Capital "23000 "30 "Balance c /d "23000 "Expenditures "Office Rent Expense "Insurance Expense "2 "Bank "1200 "30 "Profit Loss "1200 "3 "Bank "3000 "3 "Prepaid Insurance "2000 "30 "Profit Loss "1000 "Furnitue "3000 "3000 "1 "Bank "500 "30 "Balance c /d "500 "Prepaid Insurance "3 "Insurance Expense "2000 "30 "Balance c /d "2000 "Dental Supplies Expense "Salaries Expense "Dental Supplies "30 "Dental Supplies "1500 "30 "Profit Loss "1500 "15 "Bank "1500 "30 "Profit Loss "3000 "2 "Accounts Payable "5000 "30 "Dental supplies exp "1500 "30 "Bank "1500 "30 "Balance c /d "3500 "3000 "3000 "5000 "5000 "Electricity Expense "30 "Electricity Payable "250 "30 "Profit Loss "250 "Student Name "Class "Dr . Leo Krusack "Trial Balance for June , 2006 "Account Titles "Debit "Credit "Bank "15540 "Accounts Receivable "4840 "Dental Equipment "23000 "Furniture "500 "Prepaid Insurance "2000 "Dental Supplies "3500 "Electricity Payable "250 "Accounts Payable "5000 "Capital "43000 "Drawings "300 "Service Revenue "8380 "Insurance Expense "1000 "Salaries Expense "3000 "Office Rent Expense "1200 "Electricity Expense "250 "Dental Supplies Expense "1500 "Totals "56630 "56630 "Dr . Leo Krusack "Financial Statements "For the Month Ended June 30 , 2006 "Income Statement "Service Revenue "8380 "Expenses " Salaries Expense "3000 " Insurance Expense "1000 " Electricity Expense "250 " Office Rent Expense "1200 " Dental Supplies Expense "1500 "Total Expenses "6950 "Net Income "1430 "Statement of Changes in Stockholders ' Equity "Beginning Common Stock "0 " Plus : Stock Issued "43000 "Ending Common Stock "43000 "Beginning Retained Earnings "0 " Plus : Net Income "1430 " Less : Distributions "300 "Ending Retained Earnings "1130 "Total Stockholders ' Equity "44130 "Balance Sheet "Assets " Dental Equipment "23000 " Furniture "500 " Dental Supplies "3500 " Accounts Receivable "4840 " Prepaid Insurance "2000 " Bank "15540 "Total Assets "49380 "Liabilities " Electricity Payable "250 " Accounts Payable "5000 "Total Liabilities "5250 "Stockholders Equity " Capital "43000 " Retained Earnings "1430 " Drawings "300 "Total Stockholders ' Equity "44130 "Total Liabilities and Stockholders ' Equity "49380...