Listed below are the transactions of Steve Kawabata, D.D.S., for the month of September. Sept. 1 Kawabata begins practice as a dentist and invests $20,760 cash. 2 Purchases dental equipment on account from Green Jacket Co. for $17,700. 4 Pays rent for office space, $717 for the month. 4 Employs a receptionist, Michael Bradley. 5 Purchases dental supplies for cash, $1,010. 8 Receives cash of $1,780 from patients for services performed. 10 Pays miscellaneous office expenses, $490. 14 Bills patients $6,770 for services performed. 18 Pays Green Jacket Co. on account, $5,590. 19 Withdraws $3,050 cash from the business for personal use. 20 Receives $1,030 from patients on account. 25 Bills patients $2,580 for services performed. 30 Pays the following expenses in cash: Salaries and wages $3,700; miscellaneous office expenses $97. (Record each separately.) 30 Dental supplies used during September, $410. Record depreciation using a 5-year life on the equipment, the straight-line method, and no salvage value.

Enter the transactions shown above in appropriate general ledger accounts (use T-accounts). Do not use a drawing account. (Post entries in the order displayed in the problem statement.) Cash Accounts Receivable Rent Expense Supplies Office Expense Salaries and Wages Expense Supplies Expense Accumulated Depreciation Equipment Owner's Capital Prepare a trial balance. STEVE KAWABATA, D.D.S. Trial Balance September 30 Debit Credit $ Prepare an income statement. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) STEVE KAWABATA, D.D.S. Income Statement $ Prepare a statement of owner's equity. (List items that increase owner's equity first.) STEVE KAWABATA, D.D.S. Statement of Owners' Equity $ Prepare an unclassified balance sheet. (List assets in order of liquidity.) STEVE KAWABATA, D.D.S. Balance Sheet Assets $ $ . $ Liabilities and Owners' Equity $ $ Close the ledger. (Post entries in the order as displayed in the problem stateme Cash 717 Sept. 1 Sept. 8 Sept. 20 1,010 490 20,760 Sept. 4 1,780 Sept. 5 1,030 Sept. 10 Sept. 18 Sept. 19 Sept. 30 Sept. 30 8,916 Accounts Receivable 5,590 3,050 3,700 97 Sept. 30 Bal. 1,030 Sept. 14 Sept. 25 Sept. 30 Bal. 6,770 Sept. 20 2,580 8,320 Rent Expense Sept. 4 717 Supplies 1,010 Sept. 30 410 Sept. 5 Sept. 30 Bal. 600 Office Expense Sept. 10 490 Sept. 30 97 Salaries and Wages Expense Sept. 30 3,700 Supplies Expense Sept. 30 410 A Depreciation Expense Sept. 30 295 Sept. 2 Equipment 17,700 Accounts Payable 5,590 Sept. 2 Sept. 30 Bal. Sept. 18 17,700 12,110 Service Revenue Sept. 8 1,780 Sept. 14 6,770 Sept. 25 2,580 295 Accumulated Depreciation-Equipment Sept. 30 Sept. 30 Bal. Owner's Capital 3,050 Sept. 1 295 Sept. 19 20,760 Income Summary A Prepare a post-closing trial balance. STEVE KAWABATA, D.D.S. Post-Closing Trial Balance September 30 Debit Credit $ $ $