On October 1, 2017, Santana Rey launched a computer services company, Business Solutions, that is organized as a corporation and provides consulting 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, 2017 Oct. 1 5. Rey invested $45,000 cash, a $20.000 computer system, and 10,000 of office coulent in the company in exchange for its common stock. 3 The company purchased $1.420 of computer supplies on credit from Harris office Products 6 The company billed Easy Leasing S4,000 for services performed in installing a new web server. 8 The company paid $1,420 cash for the computer supplies purchased from Harris Office Products on October 3. 10 The company hired Lyn Addle as a part-time assistant for $125 per day, as needed 12 The company billed tasy Leasing another $1,400 for services performed. 15 The company received $4.000 cash from Easy Leasing as partial payment toward its account. 17 The company paid $80 cash to repair computer peent damaged when moving it 20 The company paid $1,728 cash for advertisements published in the local newspaper 22 The company received $1,460 cash from Easy Leasing toward its account. 28 The company billed IFM Company $5,208 for services performed 31 The company paid $875 cash for Lyn Addie's was for seven days of work this month. 31 The company paid $3,600 cash individends to the owner sole shareholder). Required: Enter the amount of each transaction on individual items of the accounting equation enter decreases to account balances with a minus sign. Enter as per the transaction order provided in the question data) Llabilities - Equity Accounts Recevable Computer Supplies Computer System sh + Payable Stock - Dividends Revenues Expenses Oct 3 Oct 6 Od 8 Od 10 Od 12 Oct 15 ELEONE Help Save & Exis On May 31 of the current year, the assets and liabilities of Riser, Inc. are as follows: Cash $12,300, Accounts Receivable, 56,750, Supplies $750, Equipment, $11,300, Accounts Payable, 58,650. What is the amount of equity as of May 31 of the current year? Multiple Choice O $22.450 o O $12,100 O $31,100 O $12,300 Prey 1 of 50 Next > search