Question
Listed below are the transactions of Yasunari Kawabata, D.D.S., for the month of September: Sept. 1 Kawabata begins practice as a dentist and Invests $20,000
Listed below are the transactions of Yasunari Kawabata, D.D.S., for the month of September:
Sept. 1 Kawabata begins practice as a dentist and Invests $20,000 cash.
Sept. 2 Purchases furniture and dental equipment on account from Green Jacket Co. for $17,280.
Sept 4 Pays rent for office space, $680 for the month.
Sept. 4 Employs a receptionist, Michael Bradley.
Sept 5 Purchases dental supplies for cash, $942.
Sept 8 Receives cash of $1,690 from patients for services performed.
Sept 10 Pays miscellaneous office expenses, $430.
Sept 14 Bills patients $5,820 for services performed.
Sept 18 Pays Green Jacket Co. on account, $3,600.
Sept 19 Withdraws $3,000 cash from the business for personal use.
Sept 20 Receives $980 from patients on account.
Sept 25 Bills patients $2,110 for services performed.
Sept 30 Pays the following expenses In cash: office salaries $1,800; miscellaneous office expenses $85.
Sept 30 Dental supplies used during September, $330.
Instructions: A. Prepare a trial balance B. Prepare an income statement, Statement of owner's equity, and unclassified balance sheet C. Close the Ledger D Prepare post-closing trial balance.
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