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1. Enter the transactions shown above in appropriate general ledger accounts(use t accounts), do not use a drawing account. 2.prepare a trial balance 3.prepare an

1. Enter the transactions shown above in appropriate general ledger accounts(use t accounts), do not use a drawing account.
2.prepare a trial balance
3.prepare an income statement
4.prepare a statement of owner's equity
5.prepare an unclassified balance sheet
6.close the ledger
7.prepare a post-closing trial balance image text in transcribed
Problem 3-1 Listed below are the transactions of Chris Kawabata, D.D.S., for the month of September. Sept. 1 Kawabata begins practice as a dentist and invests $21,850 cash. 2 Purchases dental equipment on account from Green Jacket Co. for $18,540. 4 Pays rent for office space, $879 for the month. 4 Employs a receptionist, Michael Bradley. 5 Purchases dental supplies for cash, $983. 8 Receives cash of $1,790 from patients for services performed. 10 Pays miscellaneous office expenses, $450. 14 Bills patients $7,190 for services performed. 18 Pays Green Jacket Co. on account, $5,200 19 Withdraws $3,680 cash from the business for personal use. 20 Receives $1,020 from patients on account. 25 Bills patients $3,460 for services performed. Pays the following expenses in cash: Salaries and wages $2,940; miscellaneous office expenses $88. (Record each separately.) 30 30 Dental supplies used during September, $400. Record depreciation using a 5-year life on the equipment, the straight-line method, and no salvage value. Your answer is partially correct. Try again. Enter the transactions shown above in appropriate general ledger accounts (use T-accounts). Do not use a drawing account. (Post entries in the order displayed in the problem statement.) Cash

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