During the first month of operations, Porier Services, Inc., completed the following transactions: (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 are not required. (Record debits frst, then credits. Exclude explanations from journal entries) Dec 2: Porier Services received $60,000 cash and issued common stock to the stockholders. Journal Entry Date Accounts Debit Credit Dec More Info Dec 2 Porier Services received $60,000 cash and issued common stock to the stockholders. 3 Purchased supplies, $800, and equipment, $11,700, on account. 4 Performed services for a customer and received cash, $5,500 7 Paid cash to acquire land, $38,000. 11 Performed services for a customer and billed the customer, $3,100. Porier expects to collect within one month 16 Paid for the equipment purchased December 3 on account. 17 Paid for newspaper advertising, $630. 18 Received partial payment from customer on account, $1,000 22 Received and paid the water and electricity bills, $460 29 Received $2,300 cash for servicing the heating unit of a customer 31 Paid employee salaries, $1,700 31 Declared and paid dividends of $2,200 Print Done