Problem 3-1

Listed below are the transactions of Adam Kawabata, D.D.S., for the month of September.

Sept. 1		Kawabata begins practice as a dentist and invests $21,500 cash.
2		Purchases dental equipment on account from Green Jacket Co. for $18,600.
4		Pays rent for office space, $862 for the month.
4		Employs a receptionist, Michael Bradley.
5		Purchases dental supplies for cash, $1,041.
8		Receives cash of $1,710 from patients for services performed.
10		Pays miscellaneous office expenses, $500.
14		Bills patients $6,410 for services performed.
18		Pays Green Jacket Co. on account, $4,280.
19		Withdraws $3,410 cash from the business for personal use.
20		Receives $1,030 from patients on account.
25		Bills patients $3,490 for services performed.
30		Pays the following expenses in cash: Salaries and wages $2,730; miscellaneous office expenses $95. (Record each separately.)
30		Dental supplies used during September, $430.

Record depreciation using a 5-year life on the equipment, the straight-line method, and no salvage value.