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On October 1 , 2 0 2 1 , Santana Rey launched a computer services company called Business Solutions, which provides consulting services, computer system
On October 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 Rey invested $ cash, a $ computer system, an
$ of office equipment in the company in exchange for
common stock.
ctober The company paid $ cash for four months' rent. Hint: D
Prepaid Rent for $
ctober The company purchased $ of computer supplies on credit
from Harris Office Products.
October The company paid $ cash for one year's premium on a
property and liability insurance policy. Hint: Debit Prepai
Insurance for $
ctober The company billed Easy Leasing $ for services perform
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