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Journal entry worksheet The company paid $3,280 cash for four months' rent. Note: Enter debits before credits. begin{tabular}{|l|l|l|} hline Common stock & & hline
Journal entry worksheet The company paid $3,280 cash for four months' rent. Note: Enter debits before credits. \begin{tabular}{|l|l|l|} \hline Common stock & & \\ \hline Dividends & & \\ \hline Computer services revenue & & \\ \hline Wages expense & & \\ \hline Advertising expense & & \\ \hline Mileage expense & & \\ \hline Miscellaneous expenses & & \\ \hline Repairs expense-Computer & & \\ \hline \multicolumn{1}{|c|}{ Totals } & & \\ \hline \end{tabular} Prepare a trial balance as of the end of November. Journal entry worksheet The company purchased $1,380 of computer supplies on credit from Harris Office Products. Note: Enter debits before credits. 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. Journal entry worksheet The company billed Easy Leasing $5,700 for services performed in installing a new Web server. Note: Enter debits before credits. 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. October 1S. Rey invested $52,000 cash, a $21,000 computer system, and $8,000 of office equipment in the company in exchange for common stock. October 2 The company paid $3,280 cash for four month' rent. Hint: Debit Prepaid Rent for $3,280. October 3 The company purchased $1,380 of computer supplies on credit from Harris Office Products. October 5 The company paid $2,160 cash for one year's premium on a property and liability insurance policy. Hint: Debit Prepaid Insurance for $2,160. October 6 The company billed Easy Leasing $5,700 for services performed in installing a new Web server. October 8 The company paid $1,380 cash for the computer supplies purchased from Harris Office Products on October 3 . October 10 The company hired Lyn Addie as a part-time assistant. October 12 The company billed Easy Leasing another $1,700 for services performed. October 15 The company received $5,700 cash from Easy Leasing as partial payment on its account. Prepare ledger accounts (in balance column format) and post the journal entries from requirement 1 to them. Journal entry worksheet S. Rey invested $52,000 cash, a $21,000 computer system, and $8,000 of office equipment in the company in exchange for common stock. Note: Enter debits before credits. October 17 The company paid $780 cash to repair computer equipment that was damaged when moving it. October 20 The company paid $1,718 cash for advertisements. October 22 The company received $1,700 cash from Easy Leasing on its account. October 28 The company billed IFM Company $6,108 for services performed. October 31 The company paid $945 cash for Lyn Addie's wages for seven days' work. October 31 The company paid a $3,400 cash dividend. November 1 The company paid $290 cash for mileage expenses. November 2 The company received $5,433 cash from Liu Corporation for computer services performed. November 5 The company purchased computer supplies for $1,04 cash from Harris Office Products. November 8 The company billed Gomez Company $5,868 for services performed. November 13 The company agreed to perform future services for Alex's Engineering Company. No work has yet been performed. November 18 The company received $3,608 cash from IFM Company as partial payment of the October 28 bill. November 22 The company paid $250 cash for miscellaneous expenses. Hint: Debit Miscellaneous Expenses for $250. November 24 The company completed work and sent a bill for $4,150 to Alex's Engineering Company. November 25 The company sent another bill to IFM Company for the past-due amount of $2,500. November 28 The company paid $348 cash for mileage expenses. November 30 The company paid $1,890 cash for Lyn Addie's wages for 14 days' work. November 30 The company paid a $1,900 cash dividend. Journal entry worksheet The company paid $2,160 cash for one year's premium on a property and liability insurance policy. Note: Enter debits before credits
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