rang - Requirements om journal entries.) DO 1. Record each transaction in the journal. Be sure to record the date in each entry. Explanations are not required. 2. Post the transactions to the T-accounts, using transaction dates as posting references. Determine the ending balance in each account. 3. Prepare the trial balance of Simmons Services, Inc, at March 31 of the current year. 4. James Simmons, the manager, asks you how much in total resources the business has to work with, how much it owes, and whether March was profitable (and by how much). count DO Print Done Requirement. Record each transaction in the Jumal Key each transaction by date. Explanations are not required. (Records, the cred. Exclude explanation from Mar 2: Simmons Services received $64.000 cash and issued common stock to the stockholders Journal Entry Date Accounts Debat Credit M Mar 3: Purchased supplies, 5500, and equipment, 312.00, on account. Prepare a single compound jumalaty) Journal Entry Date Accounts Debit Credit Mar Mar 4: Performed services for a customer and received cash $5.700 Journal Entry Date Accounts Debit Credit Mar Mar 7: Paid cash to acquire land, $36,000 Journal Entry Date Accounts Debit Credit Mar Mar 11: Performed services for a customer and billed the customer, $3,100. Simmons expects to collect within one month. Journal Entry Date Accounts Debit Credit Mar Mar 16: Paid for the equipment purchased March 3 on account Journal Entry Date Accounts Debit Credit Mar Mar 17: Paid for newspaper advertising, $620. Journal Entry Date Accounts Debit Credit Mar Mar 18: Received partial payment from customer on account, $1,000. Journal Entry Accounts Date Debit Credit Mar