Paid $8,000 cash for dividends. Date Accounts and Explanation Debit Credit Nov. 3 Received $7,000 utility bill to be paid next month Date Accounts and Explanation Debit Credit Nov. 4 Collected $6,000 cash for services Date Accounts and Explanation Debit Credit Nov. 5 Made a $6,000 payment on notes payable Date Accounts and Explanation Debit Credit Nov. 5 Made a $6,000 payment on notes payable Date Accounts and Explanation Debit Credit Nov.5 Paid $5,000 cash on account. Date Accounts and Explanation Debit Credit Nov.5