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.

Prepare an income statement.

Prepare a retained earnings statement.

Prepare an unclassified balance sheet.

Close the ledger.