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Listed below are the transactions of Matthew Young, D.D.S., for the month of September Sept. 1 2 4 4 5 8 10 14 18 19 20 25 30 30 Young begins practice as a dentist, invests $19,440 cash and issues 1,944 shares of $10 par stock. Purchases dental equipment on account from Green Jacket Co. for $18,720. Pays rent for office space, $660 for the month. Employs a receptionist, Michael Bradley. Purchases dental supplies for cash, $930. Receives cash of $1,690 from patients for services performed. Pays miscellaneous office expenses, $420. Bills patients $6,210 for services performed. Pays Green Jacket Co. on account, $3,330. Pays a dividend of $3,290 cash. Receives $1,020 from patients on account. Bills patients $2,040 for services performed. Pays the following expenses in cash: Salaries and wages $1,700; miscellaneous office expenses $83. Dental supplies used during September, $360. Record depreciation using a 5-year life on the equipment, the straight-line method, and no salvage value. Your answer is partially correct. Enter the transactions shown above in appropriate general ledger accounts (use T-accounts). (Post entries in the order displayed in the problem statement) Cash Sept. 1 19440 Sept. 4 660 Sept. 8 1690 Sept. 5 9.30 Sept. 20 V 1020 Sept. 10 420 Sept. 18 Sept. 19 3290 Sept. 19 3290 Sept. 30 1700 Sept. 30 83 Sept. 30 Bal 22150 22150 Accounts Receivable Sept. 14 6210 Sept. 20 1020 Sept. 25 v 2040 Sept. 30 Bal. 7230 Rent Expense Sept. 4 660 Supplies Sept. 5 930 Sept. 30 360 Sept. 30 Bal 570 Office Expense Sept. 10 420 Sept. 30 83 Sept. 30 Bar 503 Salaries and Wages Expense Sept. 30 1700 Supplies Expense Sept. 30 1700 Depreciation Expense Sept. 30 3744 Equipment 18720 Seot 30 Sept. 2 37-14 Seot 308 MacBook Air estion 10 of 11

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