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Listed below are the transactions of Yasunari Kawabata, D.D.S., for the month of September. Sept. wwwwwwwwww Kawabata begins practice as a dentist and invests
Listed below are the transactions of Yasunari Kawabata, D.D.S., for the month of September. Sept. wwwwwwwwww Kawabata begins practice as a dentist and invests $20,000 cash. Yasunari Kawabata, D.D.S. Adjusted Trial Balance September 30 1 Purchases a one-year insurance policy for $1,200, paying the entire amount in cash. 2 Purchases dental equipment on account from Green Jacket Co. for $17,280. 2 Collects $3,000 prepayment from patient for 2 year orthodontic treatment plan. 4 Pays rent for office space, $680 for the month. 4 Employs a receptionist, Michael Bradley. 5 Purchases dental supplies for cash, $942. 8 Receives cash of $1,690 from patients for services performed. 10 Pays miscellaneous office expenses, $430. 14 Bills patients $5,820 for services performed. 18 Pays Green Jacket Co. on account, $3,600. 19 Withdraws $3,000 cash from the business for personal use. 20 Receives $980 from patients on account. 25 Bills patients $2,110 for services performed. 30 Pays the following expenses in cash: Salaries and wages $1,800; miscellaneous office expenses $85. (Record each separately.) Record depreciation using a 5-year life on the equipment, the straight-line method, and no salvagevalue. Dental supplies used during September totaled $330. Prepare necessary adjusting entries for depreciation, prepaid insurance, unearned revenue, and supplies used. Then prepare an adjusted trial balance. Debit Credit Totals $ $ Help with adjusted trial balance.
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