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P2-63A (similar to EQuestion Help During the first month of operations, Thompson Services, Inc.,completed the following transactions (Click the lcon to view the transaction data.) Requirements 1. Record each transaction in the journal. Be sure to record the date in each entry. Explanations are not required. Post the transactions to the T-accounts, using transaction dates?posting references Label the ending balance of each account Bal 3. Prepare the trial balance of Thompson Services, Inc., at October 31 of the current year 4. Timothy Thompson, the manager, asks you how much in total resources the business has to work with, how much it owes, and whether October was profitable (and by how much) Requirement 1. Record each transaction in the joumal. Key each transaction by date. Explanations are not required. (Record dabits first, then credits. Exclude explanations from journal entries) Oct 2 Thompson Services received $66,000 cash and issued common stock to the stockholders. Journal Entry Date Accounts Debit Credit Oct L P2-63A (similar to EQuestion Help During the first month of operations, Thompson Services, Inc.,completed the following transactions (Click the lcon to view the transaction data.) Requirements 1. Record each transaction in the journal. Be sure to record the date in each entry. Explanations are not required. Post the transactions to the T-accounts, using transaction dates?posting references Label the ending balance of each account Bal 3. Prepare the trial balance of Thompson Services, Inc., at October 31 of the current year 4. Timothy Thompson, the manager, asks you how much in total resources the business has to work with, how much it owes, and whether October was profitable (and by how much) Requirement 1. Record each transaction in the joumal. Key each transaction by date. Explanations are not required. (Record dabits first, then credits. Exclude explanations from journal entries) Oct 2 Thompson Services received $66,000 cash and issued common stock to the stockholders. Journal Entry Date Accounts Debit Credit Oct L