3:38 all LTE Version4.xlsx CUMULATIVE PROBLEM - Aster Systems On October 1, 2017. Aster Turane organized a computer service company called Aster Systems Aster is organized as a sole proprietorship and will provide consulting services computer system installations, and custom program development Aster Systems has adopted the calendar year for reporting, and expects to prepare the company's first set of financial statements as of Oct. 31, 2017 The nitial chart of accounts for the accounting system includes these items Account Number Account Name 101 Cash 106 Accounts Receivable 126 Computer Supplies 128 Prepaid Insurance 131 Prepaid Rent 163 Office Equipment 167 Computer Equipment 170 Accumulated Depreciation 201 Accounts Payabile 301 Astar Turane. Capital Acco Account Name Number 302 Acer Tean, Wawan 400 Computer Services Revenge 623 Nages Expo 625 Rent En Insurance Expense 655 Advertising Expense 676 Micage Expense Recargos. Computer 698 Deprecationen 690 Chart: Darations Expense policy Required Please awer al MC based on the following business actions Please do all adustment entries before you anwer your questions The expected useful life of computer system and office equipment years There is no residual value for all equipments Mease use the straight-line method for the depreciate Oct 1 Aster Turane invested $2,000 $27.000 mynd $9,000 of office equipment in the business 2 Paid six months of rent in advance $12.000 3 Purchased computer supplies on credit for 51.975 tom Triple Supplies 5 Paid $8.640 cash for one year's premium on a property and insurance Balled Norton Electric: 56.300 for installing a new.computer 8 Paid for the computer supplier purchased from Triple-One Supplies 10 Hired Donald Gee as a part-time stor 5345 per day, as de 12 Bed Norton Electric another 51.850 for computer andere 15 Received $1,650 from Norton Electric on account 17. Paid $375 to repair equipment damaged when moving into the new office 20 Paid $1.960 for an advertisement in the local newspaper 22 Received the balance owing from Norton Election is court 28 Biled Whistler Resort 50.400 for vi 31 Paid Donald Gee for nine days work 31 Aster Turane withdrew $1.200 cash from the business for personale 3:38 all LTE Version4.xlsx CUMULATIVE PROBLEM - Aster Systems On October 1, 2017. Aster Turane organized a computer service company called Aster Systems Aster is organized as a sole proprietorship and will provide consulting services computer system installations, and custom program development Aster Systems has adopted the calendar year for reporting, and expects to prepare the company's first set of financial statements as of Oct. 31, 2017 The nitial chart of accounts for the accounting system includes these items Account Number Account Name 101 Cash 106 Accounts Receivable 126 Computer Supplies 128 Prepaid Insurance 131 Prepaid Rent 163 Office Equipment 167 Computer Equipment 170 Accumulated Depreciation 201 Accounts Payabile 301 Astar Turane. Capital Acco Account Name Number 302 Acer Tean, Wawan 400 Computer Services Revenge 623 Nages Expo 625 Rent En Insurance Expense 655 Advertising Expense 676 Micage Expense Recargos. Computer 698 Deprecationen 690 Chart: Darations Expense policy Required Please awer al MC based on the following business actions Please do all adustment entries before you anwer your questions The expected useful life of computer system and office equipment years There is no residual value for all equipments Mease use the straight-line method for the depreciate Oct 1 Aster Turane invested $2,000 $27.000 mynd $9,000 of office equipment in the business 2 Paid six months of rent in advance $12.000 3 Purchased computer supplies on credit for 51.975 tom Triple Supplies 5 Paid $8.640 cash for one year's premium on a property and insurance Balled Norton Electric: 56.300 for installing a new.computer 8 Paid for the computer supplier purchased from Triple-One Supplies 10 Hired Donald Gee as a part-time stor 5345 per day, as de 12 Bed Norton Electric another 51.850 for computer andere 15 Received $1,650 from Norton Electric on account 17. Paid $375 to repair equipment damaged when moving into the new office 20 Paid $1.960 for an advertisement in the local newspaper 22 Received the balance owing from Norton Election is court 28 Biled Whistler Resort 50.400 for vi 31 Paid Donald Gee for nine days work 31 Aster Turane withdrew $1.200 cash from the business for personale