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On October 1, 2017, Santana Rey launched a computer services company called Business Solutions, which provides consulting services, computer system installat prepare the company's first

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On October 1, 2017, Santana Rey launched a computer services company called Business Solutions, which provides consulting services, computer system installat prepare the company's first set of financial statements on December 31, 2017 The company's iniial chart of accounts follows 301 101 S. Rey, Capital 100 S. Rey, Withdrawals 128 Computer Services Revenue 128 Wages Expense 131 Advertising Expense 163 Mileage Expense 167 Miscellaneous Expenses 403 Computer Supplies Prepaid Rent Office Equipment 676 Accounts Payable 1 S Rey rvested $46,000 cash. S29,000 computer system and so,000 of offce 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 $1.380 of computer supplies on credit from Haris Office Products 5 The company paid $2.040 cash for one year's premium on a property and liability insurance policy. (Hint. Debit Prepaid insurance for $2.040) 6 The company billed Easy Leasing $5,500 for services performed in installing a new Web server 8 The company paid $1,380 cash for the computer supplies purchased from Harris Office Products on October 3 10 The company hired Lyn Addie as a part-bime assistant for $105 per day, as needed. 12 The company billed Easy Leasing another $2.000 for services performed 15 The company recelived 55,500 cash from Easy Leasing ss partial payment on its account 17 The company paid S780 cash to repair computer equipment that was damaged when moving it 20 The company paid $1,088 cash for advarti sements published in the local newspaper 22 The company received $2,000 cash from Easy Leasing on its account. 28 The company billed IFM Company $5.808 for services performed 31 The mpany pad S735 cash for Lyn Adde's wages for seven days' work 31 S. Rey withdrew $3,400 cash from the company for personal use Nov. 1 The company reimbursed S. Rey in cash for business automobile mleage allowance (Rey logged 1,000 miles at 30.32 per mie) 2 The compay received $5.033 cash from Liu Corporation for computer services performed. 5 The company purchased computer supplies for $1,070 cash from Harris Office Produets 8 The company billed Gomez Co. 38.108 for services performed 13 The company received notfcation from Alex's Engineering Co. that Business Solutions's bid of $4450 for an upcoming project was The company received $2.008 cash from FM Company as partial payment of the Cetober 28 ba. 22 The company donated $230 cash to the United Way in the 24 The company completed work for Ales's Engneerng Co, and sent Alex's a b for $4.450 25 The company sent another bil to IFM Company for the past-due amount of $3,200 28 The company reimbursed S. Rey in cash for busness automobile mleage (1.200 miles ac so.32 per mile) The company paid $1.470 cash for Lyn Adde's wages for t4 days work 5 Ray withdrew 31,800 cash from the company for personal use 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 Complete this question by entering your answers in the tabs below

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