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. Label the ending balance of each account Bal.
3.	Prepare the trial balance of Wortham ServicesWortham Services, Inc., at OctoberOctober 31 of the current year.
4.	MarkMark WorthamWortham, the manager, asks you how much in total resources the business has to work with, how much it owes, and whether OctoberOctober was profitable (and by how much)

OctOct 2	Wortham ServicesWortham Services received $ 64 comma 000$64,000 cash and issued common stock to the stockholders.
3	Purchased supplies, $ 600$600, and equipment, $ 11 comma 900$11,900, on account.
4	Performed services for a customer and received cash, $ 5 comma 700$5,700.
7	Paid cash to acquire land, $ 34 comma 000$34,000.
11	Performed services for a customer and billed the customer, $ 3 comma 500$3,500. WorthamWortham expects to collect within one month.
16	Paid for the equipment purchased OctoberOctober 3 on account.
17	Paid for newspaper advertising, $ 560$560.
18	Received partial payment from customer on account, $ 1 comma 400$1,400.
22	Received and paid the water and electricity bills, $ 390$390.
29	Received $ 2 comma 300$2,300 cash for servicing the heating unit of a customer.
31	Paid employee salaries, $ 2 comma 800$2,800.
31	Declared and paid dividends of $ 2 comma 700$2,700.

Journal Entry

Date

Accounts

Debit

Credit

Oct