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. 18 199 19 20 20 25 30 30 Pays Green Jacket Co. on account, $3,260. Pays a dividend of $3,270 cash. Receives $980 from patients on account. Bills patients $2,240 for services performed. Pays the following expenses in cash: salaries and wages $1,680; miscellaneous office expenses $86. Dental supplies used during September, $360.