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Week3_Assignment 4 Listed below are the transactions of Yasunari Kawabata, D.D.S., for the month of September (amounts in thousands). Sept. 1 Kawabata begins practice as a dentist and invests 20,000cash. 2 Purchases equipment on account from Green Jacket Co. for Y17,280. 4 Pays rent for office space, 680 for the month. 4 Employs a receptionist, Michael Bradley. 5 Purchases dental supplies for cash, 9942. 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 Company paid $3,000 cash dividends 20 Receives 980 from patients on account. 25 Bills patients 2,110 for services performed. 30 Pays the following expenses in cash: office salaries 1,800; miscellaneous office expenses 85. 30 Dental supplies used during September, 330. 30 Prepare all necessary adjusting entries (if any are needed, f.e. depreciation) Instructions: Use Excel spreadsheet to complete the instructions below: (a) Enter the transactions shown above in appropriate general ledger accounts (use T-accounts). Use the following ledger accounts: Cash; Accounts Receivable; Supplies; Equipment; Accumulated Depreciation-Equipment; Accounts Payable; Share Capital - Ordinary; Service Revenue; Rent Expense; Office Expense; Salaries and Wages Expense; Supplies Expense; Depreciation Expense; and Income Summary, Retained Earnings. Allow 10 lines for the Cash and Income Summary accounts, and 5 lines for each of the other accounts needed. Record depreciation using a 5 -year life on the equipment, the straight-line method, and no residual value. (b) Prepare a trial balance. (c) Prepare an income statement, a retained earnings statement, and an unclassified statement of financial position. (d) Close the ledger. When completed send answer file to your adu mail account, and submit via submission link: W3 Assignment 4 Submission link by attaching your excel file YASUNARY KAWABATA, D.D.S. YASUNARY KAWABATA, D.D.S. TRIALBALANCE INCOME STATEMENT _SEPTEMBER 30 FOR THE MONTH OF SEPTEMBER YASUNARY KAWABATA, D.D.S. RETAINEDEARNINGS STATEMENT FOR THE MONTH OF SEPTEMBER