I am unsure if this is correct, please check and complete the net income/ explain how its done!! Thank you!!

Junktrader is an online company that specializes in matching buyers and sellers of used items. Buyers and sellers can purchase a membership with Junktrader, which provides them advance notice of potentially attractive offers. a. Junktrader provided online advertising services for another company for $365 on account. b. On the last day of the month, Junktrader paid $80 cash to run an ad promoting the company's services. The ad ran that day in the local newspaper. c. Received $320 cash in membership fees for the month from new members. d. Received an electricity bill for $145 for usage this month. The bill will be paid next month. e. Billed a customer $188 for helping sell some junk. Junktrader expects to receive the customer's payment by the end of next month. Required: 1. Prepare journal entries for the above transactions, which occurred during a recent month. 2. Determine Junktrader's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare journal entries for the above transactions, which occurred during a recent month. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet No Transaction General Journal Credit Debit 365 A . Accounts Receivable Service Revenue 365 2b. Advertising Expense Cash 3 C. Cash Service Revenue 320 145 Utilities Expense Accounts Payable 145 5 Accounts Receivable 188 Service Revenue 188 Required 1 Required 2 > Required: 1. Prepare journal entries for the above transactions, which occurred during a recent month. 2. Determine Junktrader's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Junktrader's preliminary net income. Preliminary Net Income