Need help with the following accounting entries for practice, I have attempted the following on my own but want to make sure I am on the right track to study since no solutions were provided.

The following events apply to Pearson Service Co. for Year 1, its first year of operation:

Received cash of $62,000 from the issue of common stock.

Performed $120,000 worth of services on account.

Paid $82,000 cash for salaries expense.

Purchased supplies for $18,000 on account.

Collected $96,000 of accounts receivable.

Paid $13,300 of the accounts payable.

Paid a $6,200 dividend to the stockholders.

Had $2,100 of supplies on hand at the end of the period.

Required

Record these events in general journal form.

Post the entries to T-accounts and determine the ending balance in each account.

Determine the amount of total assets at the end of Year 1.

Determine the amount of net income for Year 1.

REQUIRED A: Journal entry worksheet: (Record these events in general journal form. If no entry is required for a event, select "No journal entry required" in the first account field.)

A: Received cash of $62,000 from the issue of common stock.

B: Performed $120,000 worth of services on account.

C: Paid $82,000 cash for salaries expense.

D: Purchased supplies for $18,000 on account.

E: Collected $96,000 of accounts receivable.

F: Paid $13,300 of the accounts payable.

G: Paid a $6,200 dividend to the stockholders.

H: Had $2,100 of supplies on hand at the end of the period.

General Journal Options: "No Journal Entry Required", "Accounts Payable", "Accounts Receivable", "Cash"

Event	General Journal	Debit	Credit
A

REQUIRED B: Post the entries to T-accounts and determine the ending balance in each account.

REQUIRED C: Determine the amount of total assets at the end of Year 1.

REQUIRED D: Determine the amount of net income for Year 1.

Post the entries to T-accounts and determine the ending balance in each account. Determine the amount of total assets at the end of Year 1. Determine the amount of net income for Year 1