Earned $8,000 of services on account. Date Accounts and explanation Debit Credit Nov. 3 1 8000 8000 Collected $8,000 cash for future services Date Accounts and Explanation Debit Credit Nov. 4 Paid $6,000 for advertising in the local paper Date Accounts and Explanation Debit Credit Nov.5 Purchased $5,000 of equipment on account. Date Accounts and Explanation Debit Credit Nov. 5 Received $9,000 utility bill to be paid next month Date Accounts and Explanation Debit Credit Nov.5