During the first month of operations. Thompson Services, Inc., completed the following transactions: (Click the icon to view the transaction data) Read the requirements. More Info Thompson Services, Inc. Trial Balance May 31 Account Debit Common stock Credit 850001 Accounts payable 500 2100 Accounts receivable Cash Supplies Equipment Land May 2 Thompson Services received $65,000 cash and issued common stock to the stockholders. 3 Purchased supplies, $500, and equipment, $12,300, on account. 4 Performed services for a customer and received cash, $5,400. 7 Paid cash to acquire land, S39,000 11 Performed services for a customer and billed the customer, S4,100. Thompson expects to collect within one month. 16 Paid for the equipment purchased May 3 on account 17 Paid for newspaper advertising, 5590. 18 Received partial payment from customer on account, $2,000. 22 Received and paid the water and electricity bills, $420. 29 Received $2.100 cash for servicing the heating unit of a customer, 31 Paid employee salaries, $2,200. 31 Declared and paid dividends of $1,900. Service revenue Advertising expense Utilities expense Salary expense Dividends Print Done Total Choose from any list or enter any number in the input fields and then click Check