please do all parts im stuck and cant figure it out. thank you

May 2 Simmons Services received $62,000 cash and issued common stock to the stockholders. May 3 Purchased supplies, $500, and equipment, $12,100, on account. May 4 Performed services for a customer and received cash, $5,600. May 7 Paid cash to acquire land, $38,000. May 11 Performed services for a customer and billed the customer, $3,900. Simmons expects to collect within one month. May 16 Paid for the equipment purchased May 3 on account. May 17 Paid for newspaper advertising, $550. May 18 Received partial payment from customer on account, $1,800. Received and paid the water and electricity bills, $380. May 22 May 29 Received $2,800 cash for servicing the heating unit of a customer. Paid employee salaries, $1,700. May 31 May 31 Declared and paid dividends of $1,500. jo Requirement 1. Record each transaction in the journal. Key each transaction by date. Explanations are not re May 2: Simmons Services received $62,000 cash and issued common stock to the stockholders. Journal Entry Date Accounts Debit Credit May May 3: Purchased supplies, $500, and equipment, $12,100, on account. (Prepare a single compound journal entry Journal Entry Date Accounts Debit Credit May May 4: Performed services for a customer and received cash, $5,600. May 4: Performed services for a customer and received cash, $5,600. Journal Entry Date Accounts Debit May May 7: Paid cash to acquire land, $38,000. Date Accounts May May 11: Performed conia. Journal Entry Debit Credit Credit May 11: Performed services for a customer and billed the customer, $3,900. Simmons expects to collect within one Journal Entry Debit Credit Date Accounts May May 16: Paid for the equipment purchased May 3 on account. Journal Entry Date Accounts May May 17: Paid for newspaper advertising, $550. Debit Credit May 17: Paid for newspaper advertising, $550. Journal Entry Date Accounts Debit May May 18: Received partial payment from customer on account, $1,800. Journal Entry Date Accounts Debit May May 22: Received and paid the water and Credit Credit May 22: Received and paid the water and electricity bills, $380. Journal Entry Date Accounts Debit May May 29: Received $2,800 cash for servicing the heating unit of a customer. Journal Entry Date Accounts Debit May May 31 (a): Paid emplo l Credit Credit May 31 (a): Paid employee salaries, $1,700. Date Accounts May May 31 (b): Declared and paid dividends of $1,500. Journal Entry Date Accounts May Requirement 2. Post the transactions to the T- Journal Entry Debit Debit Credit Credit Requirement 2. Post the transactions to the T-accounts, using transaction dates as posting references. Determine the ending balance in eac Review the journal entries prepared in previous steps. Cash Common Stock Accounts Receivable Dividends Supplies Equipment Land Accounts Payahin Service Revenue Salary Expense Advertising Expense Accounts Payable Utilities Expense Requirement 3. Prepare the trial balance of Simmons Services, Inc., at May 31 of the current year. Select the accounts that will appear in the trial balance. Then enter the account balances and total the debits and credits. Review the account balances prepared in a previous step. Simmons Services, Inc. Trial Balance May 31 Debit Credit Total Account Requirement 4. Matthew Simmons, the manager, asks you how much in total resources the business has to work with, how much it owes, and wit Total resources. Amount owed W The company profitable, as it reported