Incorporate a new business Accounting & Bookkeeping Services, Inc. on November 1st, 2018. The company has adopted a calendar year ending November 30, 2018. The business offers Accounting and Bookkeeping Services and other related services to businesses in the greater Reading and Berks county area.

November 2: Received inquiry from SMC Company about weekly bookkeeping services, estimate given was $600 per month.

November 2:Contracted with Truly Blessed, Inc. on Windsor Drive. The deal terms are: the business performs Accounting and Bookkeeping services, at a weekly rate of $1,400 per week. The customer gave the business a deposit on the contract of $4,200. Services start 19th of November, 2018.

November 3:Hired Betsy Green at the rate of $710 per 5-day week (Monday - Friday), to be paid bi-weekly. Green will start work on November 12th.

Journal entries