create 1 journal entry for each date (12 total entries)

More Info Oct 2 Gagne Services received $65,000 cash and issued common stock to the stockholders. 3 Purchased supplies, $600, and equipment, $12,100, on account. 4 Performed services for a customer and received cash, $5,500. 7 Paid cash to acquire land, $37,000. 11 Performed services for a customer and billed the customer, $4,300. Gagne expects to collect within one month. 16 Paid for the equipment purchased October 3 on account. 17 Paid for newspaper advertising, $540. 18 Received partial payment from customer on account, $2,200. 22 Received and paid the water and electricity bills, $370. 29 Received $2,200 cash for servicing the heating unit of a customer. 31 Paid employee salaries, $2,400. 31 Declared and paid dividends of $1,500. During the first month of operations, Gagne Services, Inc., completed the following transactions: A (Click the icon to view the transaction data.) Read the requirements. Requirement 1. Record each transaction in the journal. Key each transaction by date. Explanations Oct 2: Gagne Services received $65,000 cash and issued common stock to the stockholders. Journal Entry Accounts Date Debit Credit Oct Oct 3: Purchased supplies, $600, and equipment, $12, 100, on account. (Prepare a single compound Journal Entry Choose from any list or enter any number in the input fields and then continue to the next que Type here to search uc Oct 3: Purchased supplies, $600, and equipment, $12, 100, on account. (Prepare a single compoun Journal Entry Date Accounts Debit Credit Oct Oct 4: Performed services for a customer and received cash, $5,500. Journal Entry Accounts Date Debit Credit Choose from any list or enter any number in the input fields and then continue to the next que Type here to search Requirement 2. Post the transactions to the T-accounts, using transaction dates as posting references Determine the ending balance in each account Review the joumal entries prepared in previous steps. Cash Common Stock Choose from any list or enter any the next question Accounts Receivable Dividends Supplies Service Revenue Equipment Salary Expense Land Advertising Expense Accounts Payable Utilities Expense During the first month of operations, Gagne Services, Inc., completed the following transactions: Click the icon to view the transaction data.) Read the requirements. Gagne Services, Inc. Trial Balance October 31 Account Debit Credit Requirement 4. Adam Gagne, the manager, asks you how much in total rosources the business has to work with, how much it owes, and whether October was profitable (and by how much) Total resources - $ Amount owed = $ The company profitabi as it reported