On October 1, 2018, Santana Rey launched a computer services company called Business Solutions, which 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, 2018. The company's Initial chart of accounts follows Account Cash Accounts Receivable Computer Supplies Prepaid Insurance Prepaid Rent Office Equipent Computer Equipment Accounts Payable 101 Common Stock 106 Dividenda 126 Computer Services Revenue 12 bages Expense 131 Advertising Expense 163 Mileage Expense 167 Miscellaneous Expenses 201 Repairs Expense Computer Oct. 15. Rey invested $49,000 cash, $30,000 computer system, and $9,000 of office equipment in the company in exchange for its common stock. 2 The company paid $3,260 cash for four month rent. (Hint Debit Prepaid Rent for $3,260.) 3 The company purchased $1.400 of computer supplies on credit from Harris Office Products The company paid $1,680 each for one year's premium on property and liability Insurance policy. (Hint Debit Prepaid Insurance for $1.580.) 6 The company billed Easy Leasing 55,400 for services performed in installing a new web server. The company paid $1,400 cash for the computer supplies purchased from Harris Office Products on October 3. 10 The company hired Lyn die part-time assistant for $130 per day, as needed. 12 The company billed Easy Leasing another $2,200 for services performed 15 The company received 35,400 cash from Easy Leasing partial payment on to account. 17 The company paid $160 cash to repair computer equipment that was danged when moving it. 20 The company paid $1.700 cash for advertisements published in the local newspaper 22 The C anyeceived $2,200 From By Lesning on to count. billed IT Conny 95.90. Boves performed 31 The company paid 910 cash for Lyn ddiola wages for seven days work 31 The company paid $3,500 ca in dividends. How The company resursed . Rey in each for business automobile mileage allowance (Rey logged 1,000 miles at 50.26 Pray 1 of 1 !!! Score answer > Check Now. The company reimbursed S. Ray in cash for business automobile mileage allowance (Rey logged 1,000 miles at 10.26 per mile). 2. The company received 85,03) cash from Lia Corporation for computer services performed 5 The company purchased computer supplies for $1,105 cash from Warris Office Products The company billed Gone Co. 96,368 for services performed 13 The company received notification from Alex's Engineering Co. that Business Solution's bid of $4,550 for an upcoming project was accepted. 18 The company received 3,408 cash from TM Company as partial payment of the October 28 bill. 22 The company donated $160 cash to the United Way in the company's name. 24 The company completed work and sent a bill for $4,550 to Alex's Ingineering Co. 25 The company sent another bill to ITX Company for the past due amount of $2,500. 28 The company reared. Rey in cash for business automobile mileage (1,200 miles at 50.26 per mile). 30 The company paid $1,026 cash for Lyn Addio's wages for 14 days' work. 30 The company paid $1,700 cash in dividends. Required: 1. Prepare Journal entries to record each of the above transactions for Business Solutions 2. Postjournal entries from requirement to the general ledger accounts 3. Prepare a trial balance as of the end of November Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 Prepare a trial balance as of the end of November BUSINESS SOLUTIONS Trial Balance November 30 Prey 1 of 1 Score answer Required 1 Required 2 Required 3 Prepare a trial balance as of the end of November BUSINESS SOLUTIONS Trial Balance November 30 Cash Accounts receivable Computer supplies Prepaid insurance Prepaid rent Office equipment Computer equipment Accounts payable Common stock Dividends Computer services revenue Wages expense Advertising expense Mileage expense Miscellaneous expense Repairs expense -Computer Totals Prey 1 of 1 !!! Score answer > 103 Ad I AOA 9 G Required 1 Required 2 Required 3 Post Journal entries from requirement 1 to the general ledger accounts. 101: Cash Debit Credit Dato Balance Balance Oct. 2 T 106: Accounts Receivable Date Debit Credit Nov. 18 Nov. 221 Nov. 24 T L Nov. 25 ( Nov. 28 Nov. 30 Oct. 5 Oct. 6 Oct. 8 Oct. 10 Oct. 12 Oct. 15 Oct. 17 Oct. 20 Oct 22 Oct 28 Foct. 31 Nov. 1 Prey 1 of 1 Score answer > Required 1 Required 2 Required 3 Prepare journal entries to record each of the above transactions for Business Solutions. (If no entry is required for a transaction/event, select "No journal entry required in the first account held.) View transaction list View journal entry worksheet No Debit Credit Date Oct 01 General Journal No Transaction Recorded Required Required