Listed below are the transactions of James Smith, D.D.S., for the month of September. Smith begins practice as a dentist, invests $20,620 cash, and issues 2,062 shares of $10 par stock. Sept. 1 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 18 19 20 20 25 30 Bills patients $6,230 for services performed. 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. 30 Dental supplies used during September, $360. Sept. 30 Depreciation Expense 289 Equipment Sept. 2 17,340 Sept. 30 bal 17,340 Sept. 19 Common Stock Sept. 1 20,620 Sept. 30 bal 20,620 Retained Earnings Dividends 3,270 Sept. 18 Accounts Payable 3,260 Sept. 2 17,340 Sept. 30 Bal. 14,080 Service Revenue Sept. 8 1,740 Sept. 14 6,230 Sept. 25 2,240 Accumulated Depreciation-Equipment Sept. 30 289 Sept. 30 Bal. 289 Income Summary (d) Close the ledger. (Post entries in the order as displayed in the problem statement. For income summary, post entries in the order of T- account presented in this part.) Cash Sept. 1 Sept. 8 20,620 Sept. 4 740 1,740 Sept. 5 890 Sept. 20 980 Sept. 10 450 Sept. 18 3,260 Sept. 19 3,270 Sept. 30 1,680 Sept. 30 86 Sept. 30 Bal. 12,964 Accounts Receivable 6,230 Sept. 20 980 Sept. 14 Sept. 25 Sept. 30 Bal. Sept. 4 2,240 7,490 Rent Expense 740 Sept. 5 Sept. 30 Bal. Supplies 890 Sept. 30 530 Office Expense Sept. 10 Sept. 30 450 86 Sept. 30 Salaries and Wages Expense 1,680 Sept. 30 Supplies Expense 360 360