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ady Part One A Saved On October 1, 2019, Santana Rey launched a computer services company. Business Solutions, that is organized as a proprietorship and
ady Part One A Saved On October 1, 2019, Santana Rey launched a computer services company. Business Solutions, that is organized as a proprietorship and provides consulting services, computer system installations, and custom program development Oct. 1 5. Rey invested $48,000 cash, a $25,000 computer system, and $9.500 of office equipment in the company. 3 The company purchased $1,378 of computer supplies on credit from Harris office Products. 6 The company billed Easy Leasing $5,200 for services performed in installing a new web server 8 The company paid $1,370 cash for the computer supplies purchased from Harris Office Products on October 3. 10 The company hired Lyn Addie as a part-time assistant for $135 per day, as needed. 12 The company billed Easy Leasing another $1,489 for services performed. 15 The company received $5,200 cash from Easy Leasing as partial payment toward its account. 17 The company paid $715 cash to repair computer equipment damaged when moving it. 20 The company paid $1,703 cash for advertisements published in the local newspaper. 22 The company received $1,400 cash from Easy Leasing toward its account. 28 The company billed IFM Company $5,248 for services performed. 31 The company paid $945 cash for Lyn Addie's wages for seven days of work this month. 31 5. Rey withdrew $2,500 cash from the company for personal use. Required: Enter the amount of each transaction on individual items of the accounting equation Show new balances after each transaction. (Enter decreases to account balances with a minus sign. Enter as per the transaction order provided in the question data.) Accounts Receivable + - Office Equipment $ 9,500 = Liabilities Accounts Payable Computer System $ 25,000 S. Rey, Capital Equity S. Rey, - Withdrawals + Reven Assets Computer Supplies 1 + 1370+ 1,370 + Cash 48,000 + + $ 48,000 + 0 + 25 000 + 9,500 = 5,200 - Date Oct. 1 Oct 3 Bal. Oct. 6 Bal Oct. 8 Bal Oct 10 Bal Oct. 12 5,200 + 1,370 + 25,000+ 1,370 + 0 48,000 + (1,370)+1 46,630 + + 46,630 + + AR 630 + 9.500 = ENT- 9.500 FT JE +- 9.500 = 5,200 + 1+ 5,200 + 1,400 + 6.600+ 25,000+ + N 25,000+ 1.370 + 1.370 + 25.000 + 9,500 = Required: Enter the amount of each transaction on individual items of the accounting equation. Show new balances after each transaction (Enter decreases to account balances with a minus sign. Enter as per the transaction order provided in the question data.) Assets Liabilities Equity Computer Office Accounts Accounts + Receivable + Computer Supplies S. Rey, Capital S. Rey Withdrawals Date Expenses = Payable Revenues System 25.000+ Equipment $ 9.500 1,370 48 000 1 370 25.000 + 9.500 = 5,200 DO 48,000 5.2001 1.370 25 000 + 9.500 1.3703 46.630 52001 - 370 25 000 + 9500 46 630 5200+ 25 000 1,400 1 400 Bal 46,630 6.600 + 25 000 1,400 Oct 15 5 200+ 6.600+ + 25,000 + 1,400 - 51,830 (715) Bal 51,115+ 6.600 25 000 + 9.500 Bal Oct 20 1.400 - (1,70311 1,7031 Bal 6,600+ 25 000 + 400- Oct 22 50.8121 6 600+ 1 25.000 400 418 Oct 28 9 500 TE 9500 Bal 50,812 + 25000 + 400 Oct 31 (945) + 19 957 25,000 9.500 1 400 - Oct 31 (2.600) 47 267 + $ 11,848 + 25,000 + S $ 2600 3.363 Prey 1 of 4 !!! Next > be here to search SAMSUNG
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