Help services, computer system installations, and custom program development. Rey adopts the calendar year for reporting purposes and expects to prepare the company's first set of financial statements on December 31, 2019. The company's initial chart of accounts follows Account Cash Accounts Receivable Computer Supplies Prepaid Insurance Prepaid Rent Office Equipment Computer Equipment Accounts Payable No. Account 101 S. Rey, Capital 106 S. Rey, Withdrawals 126 Computer Services Revenue 128 Wages Expense 131 Advertising Expense 163 Mileage Expense 167 Miscellaneous Expenses 201 Repairs Expense-Computer No. 301 302 403 623 655 676 677 684 Oct. 1 S. Rey invested $48,000 ash, a $24,000 computer system, and $8,000 of office equipment in the company. 2 The company paid $3,280 cash for four months' rent. Hint: Debit Prepaid Rent for $3,280. 3 The company purchased $1,410 of computer supplies on credit fron Harris Office Products. 5 The company paid $1,680 cash for one year's premium on a property and liability insurance policy. Hint: Debit Prepaid Insurance for $1,680. 6 The company billed Easy Leasing $5,600 for services performed in installing a new Web server. 8 The company paid $1,410 cash for the computer supplies purchased from Harris Office Products on October 3. 10 The company hired Lyn Addie as a part-time assistant. 12 The company billed Easy Leasing another $2,000 for services performed. 15 The company received $5,600 cash from Easy Leasing as partial payment on its account. 17 The company paid $800 cash to repair computer equipment that was damaged when moving it. 20 The company paid $1,698 cash for advertisements published in the local newspaper. 22 The company received $2,000 cash from Easy Leasing on its account. 28 The company billed IFM Company $6,008 for services performed. 31 The company paid $700 cash for Lyn Addie's wages for seven days' work. 31 S. Rey withdrew $3,100 cash from the company for personal use. Nov. 1 The company reimbursed 5. Rey in cash for business automobile mileage allowance (Rey logged 1,000 miles at $0.26 per mile). 2 The company received $4,733 cash from Liu Corporation for computer services performed. 5 The company purchased computer supplies for $1,095 cash from Harris Office Products. 8 The company billed Gomez Co. $6,468 for services performed. 13 The company agreed to perform future services for Alex's Engineering Co. No work has yet been performed. 18 The company received $3,188 cash from IFM Company as partial payment of the October 28 bill. 22 The company paid $160 cash for miscellaneous expenses. Hint: Debit Miscellaneous Expense for $160. 24 The company completed work and sent a bill for $4,250 to Alex's Engineering Co. 25 The company sent another bill to IFM Company for the past-due amount of $2,900. 28 The company reimbursed S. Rey in cash for business automobile mileage (1,200 miles at $0.26 per mile). 30 The company paid $1,400 cash for Lyn Addie's wages for 14 days' work. Required: 1. Prepare journal entries to record each of the above transactions for Business Solutions. 2. Prepare ledger accounts (in balance column format) and post the journal entries from requirement 1 to them 3. Prepare a trial balance as of the end of November