Listed below are the transactions of James Smith, D.D.S., for the month of September.

Sept. 1		Smith begins practice as a dentist, invests $ 20,620 cash and issues 2,062 shares of $10 par stock.
2		Purchases dental equipment on account from Green Jacket Co. for $ 17,340.
4		Pays rent for office space, $ 740 for the month.
4		Employs a receptionist, Michael Bradley.
5		Purchases dental supplies for cash, $ 890.
8		Receives cash of $ 1,740 from patients for services performed.
10		Pays miscellaneous office expenses, $ 450.
14		Bills patients $ 6,230 for services performed.
18		Pays Green Jacket Co. on account, $ 3,260.
19		Pays a dividend of $ 3,270 cash.
20		Receives $ 980 from patients on account.
25		Bills patients $ 2,240 for services performed.
30		Pays the following expenses in cash: Salaries and wages $ 1,680; miscellaneous office expenses $ 86.
30		Dental supplies used during September, $ 360.

Record depreciation using a 5-year life on the equipment, the straight-line method, and no salvage value.

JAMES SMITH, D.D.S. Trial Balance September 20 Debit Credit Cash 1296 Accounts Receivable 7490 Supplies San Equipment 17340 Accumulated Depreciation Equipment 289 Accounts Payable 14000 Common Stock 20620 Dividends 3270 Dividends 3270 Service Revenue 10210 Rent Expense 740 Office Expense 536 Salaries and Wages Expense 1680 Supplies Expense 360 Total 45199 38324