1-Sep	Kawabata begins practice as a dentist, invests $20,000 cash
2-Sep	Purchases dental equipment on account from Green Jacket Co. for $17,280
4-Sep	Pays rent for office space, $680 for the month
4-Sep	Employs a receptionist, Michael Bradley
5-Sep	Purchases dental supplies for cash, $942
8-Sep	Receives cash of $1690 from patients for services performed
10-Sep	Pays miscellaneous office expenses, $430
14-Sep	Bills patients $5,280 for services performed
18-Sep	Pays Green Jacket Co. on account, $3,600
19-Sep	Pays a dividend of $3,000 cash
20-Sep	Receives $980 from patients on account
25-Sep	Bills patients $2,110 for services performed
30-Sep	Pays the following expenses in cash, salaries and wages $1800; miscellaneous office expenses $85
30-Sep	Dental supplies used during. September, $330

1. Record the September 2020 transactions in the General Journal using the Journal template and proper journal entry format. Note: the last September 30, 2020, transaction in the textbook is an adjusting entry.
   1. Indent credits ten spaces on Excel which is approximately one-half inch.
   2. This is a sole proprietorship, so in the September 1^st transaction, credit the Owners Capital account for the $20,000 investment.
   3. In the September 19^th transaction, debit the Owners Drawing account
2. Prepare a Worksheet (14 columns) with the following columns:
   1. Trial Balance.
   2. Adjustments (add two small columns to put cross-referenced letters for adjusting entries).
   3. Adjusted Trial Balance.
   4. Income Statement.
   5. Balance Sheet.
   6. Post-Closing Trial Balance (no textbook example showing these columns).
      1. Complete the Post-Closing Trial Balance after journalizing the closing entries and posting closing entries to the T accounts (Step 6).
3. Journalize the adjusting entry in the journal and post it to the appropriate general ledger T accounts. Balance out the general ledger T accounts.
   1. Use a checkmark in the journal posting reference column to indicate the transaction has been posted.
4. Prepare the following financial statements for September 30, 2020, using proper format on the financial statement template created in class:
   1. Single-Step Income Statement.
   2. Statement of Owners Equity (Sole proprietorship).
   3. Classified Balance Sheet (for a sole proprietorship). The Owners Equity section should have one line called Owners Capital. This should contain the ending capital from the Statement of Owners Equity.
5. Journalize the closing entries, as of the Balance Sheet date, in the journal and post them to the general ledger T accounts.
   1. Use the Owners Capital and the Owners Drawing accounts in the closing entries. Do not use the Retained Earning account at all.
   2. Balance out T accounts.
   3. Complete the Post-Closing Trial Balance columns on the Worksheet (Step 3).
   4. Use a checkmark in the journal posting reference column to indicate the transaction has been posted.