1 Lumberjack begins practice as a denist and, invest $75,000 cash, and issued 7,500 shares of $10 par value stock 2 Purchase denal equipment on account from Wildcat Co. for $60,000 3 Employ a receptionist, Michelle Bradley 4 Purchase dental supplies for cash $3,000 5 Receives cash of $1,500 from patients for service performed 6 Pays miscellaneous office expense $500 7 Bill patients $8,000 for services performed 8 Pays Wildcat Co.$50,000 to partially settle the account 9 Collected $6,000 from patient's account 10 Bill patients $5,000 for service performed 11 Pays the following expenses in cash: salaries and wages $2,500; miscellaneous office expenses $1,000 12 Dental supplies left on hand $1,000