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

Sept. 1		Kawabata begins practice as adentist and invests $ 23,340 cash.
2		Purchases dental equipment onaccount from Green Jacket Co. for $ 18,180.
4		Pays rent for office space, $ 798for the month.
4		Employs a receptionist, MichaelBradley.
5		Purchases dental supplies for cash,$ 1,036.
8		Receives cash of $ 1,740 frompatients for services performed.
10		Pays miscellaneous office expenses,$ 520.
14		Bills patients $ 6,760 for servicesperformed.
18		Pays Green Jacket Co. on account, $4,690.
19		Withdraws $ 3,550 cash from thebusiness for personal use.
20		Receives $ 999 from patients onaccount.
25		Bills patients $ 2,530 for servicesperformed.
30		Pays the following expenses incash: Salaries and wages $ 3,760; miscellaneous office expenses$92. (Record each separately.)
30		Dental supplies used duringSeptember, $ 400.

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

1a. Enter the transactions shown above in appropriate generalledger accounts (use T-accounts). Do not use a drawing account.(Post entries in the order displayed in the problemstatement.)

1b. Prepare a trial balance.

1c. Prepare an income statement. (Enter loss usingeither a negative sign preceding the number e.g. -45 or parenthesese.g. (45).)

1d. Prepare a statement of owner’s equity. (Listitems that increase owner's equity first.)
1e. Prepare an unclassified balance sheet. (List assetsin order of liquidity.)
1f. Close the ledger. (Post entries in the order asdisplayed in the problem statement.)
1g. Prepare a post-closing trial balance.