Requirements 1. Record each transaction in the jourmal. Be sure to reoord the date in each entry. Explanations are not required 2. Post the to the T-accounts, using transaction dates as posting references. Label the ending balance of each account Bal Prepare the trial balance of Cloutier Services, Inc, at December 31 of the current year 4. James Clioutier, the manager, asks you how much in total resources the business has to work with, how much it owes, and whether December was proftable (and by how much). 3. Requirement 1. Record each transaction in the journal. Key each transaction by date. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.) Dec 2: Cloutier Services received $66,000 cash and issued common stock to the stockholders Accounts Debit Dec