On Dec 1, 2017, Daniel Nica organized a computer service company called Smart Technology Systems, Smart Technology is organized as a sole proprietorship and will provide consulting services computer system installations and custom program development. Smart Technology Systems has adopted the calendar year for reporting, and expects to prepare the company's first set of financial statements as of December 31, 2017. The initial chart of accounts for the accounting system includes these items: Account Number Account Name 101Cash 106 Accounts Receivable 126 Computer Supplies 131 Prepaid Rent 163 Office Equipment 167 Computer Equipment 201 Accounts Payable 301 Daniel Nica, Capital Account Number Account Name 403|Computer Services Revenue 623 Subcontractor Expense 655 Advertising Expense 676 Mileage Expense 681 Rent Expense 684 Repairs Expense Required 1. Multiple Choice Please login to Schoology to complete the questions. Dec. Daniel Nica invested $82,000 cash, a $7.000 computer equipment, and $11,000 of office equipment in the business. 2 Paid three months of rent in cash in advance; $9,000. Purchased computer supplies on credit for $2,000 from Compute depot 3 Supplies. 6 Billed Maher Electric S9,300 for installing a new computer system. 7 Reimbursed Daniel Nica's business automobile expense for 1.000 kilometres at $1.80 per kilometre, 12 Billed Maher Electric another $15,000 for computer services rendered. 15 Received $6,300 from Maher Electric on its account. 17 Paid $400 in cash to repair equipment damaged when moving into the new office. 20 Paid $1,500 in cash for an advertisement in the local newspaper 22 Received the balance owing from Maher Electric on its account. 28 Billed Five Acre Resort $4.600 for services. 31 Paid subcontractor Leagh O'keee for five days' work; total amount $2,000