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Isao Aoki entered into the following transactions during the month of September: Sept.1 Isao Aoki begins practice as a dentist and invests $20,000 a cash.

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Isao Aoki entered into the following transactions during the month of September: Sept.1 Isao Aoki begins practice as a dentist and invests $20,000 a cash. 2 Purchases furniture and dental equipment on account from Green Jacket Co. for $17.280. 3 Purchased a three year insurance policy for $3,600. 8 Receives cash of $1,690 from patients for services performed. 10 Pays miscellaneous office expenses, $430. 14 Bills patients $5,120 for services performed. 18 Pays Green Jacket Co. on account, $3,600. 19 Withdraws $3,000 cash from the business for personal use. 20 Receives $980 from patients on account. 25 Bills patients $2,110 for services performed. 27 Receives cash of $5,000 from patients for services performed. Adjusting Entries 1. Insurance expired during month. 2. Depreciation of dental equipment for September is $400. 3. Accrued receptionist salary on September 30 is $275 For the above transactions, complete the accounting cycle: 1. Journal entries for the dated transactions. 2. Post to the ledger (trial balance) 3. Adjusting journal entries for the numbered transactions. 4. Financial statements 5. Closing entries

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