676 On October 1, 2021, Santana Rey launched a computer services company called Business Solutions, which provides consulting services, computer system installations, and custom program development. The company's initial chart of accounts follows. Account Number Account Cash Number 201 Accounts Receivable 5. Rey, Capital 301 106 S. Ray, Withdrawals Computer Supplies 126 302 Prepaid Insurance Computer Services Revence 403 128 Wages Expense Prepaid Rent 623 131 Advertising Expense 655 office Equipment 163 Mileage Expense Computer Equipment 167 Miscellaneous Expenses Accounts Payable 677 201 Repairs Expan-Computer 684 October 1 s. sy invested $52,000 cash, $28.000 computer system, and $3.000 of office equipment in the company October 2 The company paid $3,280 cash for four month rent. Hint Debit Prepaid Rent for $3,280. October ) The company purchased $1,360 of computer supplies on credit from Harris Office Products October 5 The company paid $1,740 cash for one year's premium on property and liability insurance policy. Wint Debit Prepaid Insurance for $1,740. October 6 The company billed Easy Leasing $5,100 for services performed in installing a new web server. October The company paid $1,360 cash for the computer supplies purchased from Harris Office Products on October ). October 10 The company hired Lyn Addies part-time assistant. October 12 The company billed Easy Leasing another $1,600 for services performed October 15 The company received $5,100 cash from Easy Leasing as partial payment on to account October 17 The company paid $805 cash to repair computer equipment that was damaged when moving it. October 20 The company paid $1,678 cash for advertisements October 22 The company received $1.600 cash from Easy Leasing on ito account. October 28 The company billed IT Company 65,408 for services performed October 31 The company paid 1910 cash for lyn Addis wages for seven daya' work October 31 5. Nay withdrew $2,500 cash from the company for personal use. November 1 The company paid $320 cash for mileage expenses. November 2 The company received $5.53) cash from Liu Corporation for computer services performed November 5 The company purchased computer wupplies for $1,110 cash from Harris Office Products November the company billed ones company $5,768 for services performed. November 13 The company agreed to perform tuture services for Alex. Ingineering Company. No work has yet been performed. November 18 The company received 52,804 cash from TTH Company as partial payment of the October 26, November 22 The company paid $190 cash for miscellaneous expenses. It Debit Miscellaneous Expenses for 10 November 24 The company completed work and went bill for *,950 to Alex Tngineering Company November 25 The company sent another b.11 to ITN Company for the past due amount of $2,600. November 28 The company paid $384 cash for mange expenses. November 30 The company paid $1,H20 cash for Lyn Adda'wages for 14 days work. November 30 S. Hy with $1,600 cash from the company for personal use. Required: 1. Prepare journal entries to record each of the above transactions for Business Solutions 2. Prepare ledger accounts fin balance column format) and post the journal entries from requirement to them 3. Prepare a trial balance as of the end of November urnal entry worksheet S. Rey Invested $52,000 cash, a $28,000 computer system, and $8,000 of office equipment in the company, Note: Enter debits before credits General Journal Date October 01 Debit Credit Record entry Clear entry View general Journal Required Required 2 Date 101: Cash Debit Credit Balance Date 106: Accounts Receivable Debit Credit Balance cos 126: Computer Supplies Debit Credit Date Balance Date 128: Prepaid Insurance Debit Credit Balance 131: Prepaid Rent Debit Credit Date Balance 163: Office Equipment Debit Credit Date Balance 167: Computer Equipment Debit Credit 2011 Accounts Payable Debit Credit Dato Balance Date Balance 403: Computer Services Revenue Debit Credit 023: Wages Exponse Debit Credit Date Balance Date Balance 685: Advertising Expense Debit Credit 676: Mileage Expense Debit Credit Date Balance Date Balance 677: Miscellaneous Expenses Dubit Credit 684: Repairs Expense Computer Debit Credit Date Balance Data Balance BUSINESS SOLUTIONS Trial Balance November 30 Debit Credit Cash Accounts receivable Computer supplies Prepaid insurance Prepaid rent Office equipment Computer equipment Accounts payable S. Rey, Capital S. Rey, Withdrawals Computer services revenue Wages expense Advertising expense Mileage expense Miscellaneous expenses Repairs expense-Computer Totals