Listed below are the transactions of Paul White, D.D.S., for the month of September (amounts in thousands). Sept. 1 2 4 4 White begins practice as a dentist and invests 20,800 cash. Purchases equipment on account from Green Jacket Co. for 18,120. Pays rent for office space, 712 for the month. Employs a receptionist, Michael Bradley. Purchases dental supplies for cash, 981. Receives cash of 1,760 from patients for services performed. Pays miscellaneous office expenses, 452. 8 10 14 Bills patients 6,048 for services performed. Pays Green Jacket Co. on account, 3,744. 18 19 Withdraws 3,120 cash from the business for personal use. 20 Receives 1,024 from patients on account. Bills patients #2,192 for services performed. 25 30 Pays the following expenses in cash: office salaries 1,872; miscellaneous office expenses 92. Dental supplies used during September, 348. 30 Record depreciation using a 5-year life on the equipment, the straight-line method, and no residual value. Do not use a drawing account. Cash Sept. 1 Sept. 19 3,120 Sept. 30 Bal. 17,295 Accounts Receivable Sept. 14 6,048 Sept. 20 1,024 > Sept. 25 2,192 Sept. 30 Bal. Sept. 30 3,624