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On October 1, 2018, Santana Rey launched a computer services company, Business Solutions, that is organized as a corporation and provides consulting services, computer system

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On October 1, 2018, 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 uses the calendar year for reporting purposes and expects to prepare the company's first set of financial statements on December 31, 2018. Oct. 1S. Rey invested $54,000 cash, a $21,000 computer system, and $9,500 of office equipment in the company in exchange for its common stock 3 The company purchased $1,440 of computer supplies on credit from Harris Office Products 6 The company billed Easy Leasing $5,100 for services performed in installing a new web server 8 The company paid $1,440 cash for the computer supplies purchased from Harris Office Products on October 3 10 The company hired Lyn Addie as a part-time assistant for $140 per day, as needed. 12 The company billed Easy Leasing another $2,100 for services performed 15 The company received $5,100 cash from Easy Leasing as partial payment toward its account. 17 The company paid $725 cash to repair computer equipment damaged when moving it. 20 The company paid $1,648 cash for advertisements published in the local newspaper 22 The company received $2,100 cash from Easy Leasing toward its account 28 The company billed IFM Company $5,253 for services performed 31 The company paid $980 cash for Lyn Addie's wages for seven days of work this month 31 The company paid $3,400 cash in dividends to the owner (sole shareholder) UU pse2Umuud Assets V.Xtodo=cI5SinglePrintView&singleQuestionNo=1.&postSul * Liabilities Computer Office Accounts Common System Equipment Payable Stock Accounts Computer Supplies Date Cash + Receivable + + Oct 1 Oct 3 + Bal + Oct. 6 Bal Oct 8 Bal + Oct 10 + Bal Oct. 12 Bal Oct 15 Bal Oct 17 - Bal Oct 20 Bal H Type here to search o II e G C Meducation.com/hm.tpx?todo=c15SinglePrintView&singleQuestionNo=1.&postSum war Oct 10 Bal + + Oct. 12 + Bal. Oct 15 Bal Oct. 17 + Bal + Oct. 20 + + Bal. + + + + + + Oct. 22 + Bal. + Oct. 28 Bal Oct 31 + + Bal Oct. 31 Bal + E Type here to search C. Liabilities + Equity Office Accounts Common m + Equipment Payable Stock Dividends Revenues Expenses - + IIIIIIIIIII + + + + + + + 6:19 PM 6/29/2020 F ch O BE On October 1, 2018, Santana Rey launched a computer services company, Business Solutions, that is organized as a corporation and provides consul company's first set of financial statements on December 31, 2018 services, computer system installations, and custom program development. Rey uses the calendar year for reporting purposes and expects to prepare Oct. 1S. Rey invested $54,000 cash, a $21,000 computer system, and $9,500 of office equipment in the company in exchange for its common stock 3 The company purchased $1,440 of computer supplies on credit from Harris Office Products 6 The company billed Easy Leasing $5,100 for services performed in installing a new web server 8 The company paid $1,440 cash for the computer supplies purchased from Harris Office Products on October 3. 10 The company hired Lyn Addio as a part-time assistant for $140 per day, as needed 12 The company billed Easy Leasing another $2,100 for services performed 15 The company received $5,100 cash from Easy Leasing as partial payment toward its account 17 The company paid $725 cash to repair computer equipment damaged when moving it 20 The company paid $1,648 cash for advertisements published in the local newspaper 22 The company received $2,100 cash from Easy Leasing toward its account 28 The company billed IFM Company $5,253 for services performed 31 The company paid $980 cash for Lyn Addie's wages for seven days of work this month 31 The company paid $3,400 cash in dividends to the owner (sole shareholder). On October 1, 2018, 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 uses the calendar year for reporting purposes and expects to prepare the company's first set of financial statements on December 31, 2018. Oct. 1S. Rey invested $54,000 cash, a $21,000 computer system, and $9,500 of office equipment in the company in exchange for its common stock 3 The company purchased $1,440 of computer supplies on credit from Harris Office Products 6 The company billed Easy Leasing $5,100 for services performed in installing a new web server 8 The company paid $1,440 cash for the computer supplies purchased from Harris Office Products on October 3 10 The company hired Lyn Addie as a part-time assistant for $140 per day, as needed. 12 The company billed Easy Leasing another $2,100 for services performed 15 The company received $5,100 cash from Easy Leasing as partial payment toward its account. 17 The company paid $725 cash to repair computer equipment damaged when moving it. 20 The company paid $1,648 cash for advertisements published in the local newspaper 22 The company received $2,100 cash from Easy Leasing toward its account 28 The company billed IFM Company $5,253 for services performed 31 The company paid $980 cash for Lyn Addie's wages for seven days of work this month 31 The company paid $3,400 cash in dividends to the owner (sole shareholder) UU pse2Umuud Assets V.Xtodo=cI5SinglePrintView&singleQuestionNo=1.&postSul * Liabilities Computer Office Accounts Common System Equipment Payable Stock Accounts Computer Supplies Date Cash + Receivable + + Oct 1 Oct 3 + Bal + Oct. 6 Bal Oct 8 Bal + Oct 10 + Bal Oct. 12 Bal Oct 15 Bal Oct 17 - Bal Oct 20 Bal H Type here to search o II e G C Meducation.com/hm.tpx?todo=c15SinglePrintView&singleQuestionNo=1.&postSum war Oct 10 Bal + + Oct. 12 + Bal. Oct 15 Bal Oct. 17 + Bal + Oct. 20 + + Bal. + + + + + + Oct. 22 + Bal. + Oct. 28 Bal Oct 31 + + Bal Oct. 31 Bal + E Type here to search C. Liabilities + Equity Office Accounts Common m + Equipment Payable Stock Dividends Revenues Expenses - + IIIIIIIIIII + + + + + + + 6:19 PM 6/29/2020 F ch O BE On October 1, 2018, Santana Rey launched a computer services company, Business Solutions, that is organized as a corporation and provides consul company's first set of financial statements on December 31, 2018 services, computer system installations, and custom program development. Rey uses the calendar year for reporting purposes and expects to prepare Oct. 1S. Rey invested $54,000 cash, a $21,000 computer system, and $9,500 of office equipment in the company in exchange for its common stock 3 The company purchased $1,440 of computer supplies on credit from Harris Office Products 6 The company billed Easy Leasing $5,100 for services performed in installing a new web server 8 The company paid $1,440 cash for the computer supplies purchased from Harris Office Products on October 3. 10 The company hired Lyn Addio as a part-time assistant for $140 per day, as needed 12 The company billed Easy Leasing another $2,100 for services performed 15 The company received $5,100 cash from Easy Leasing as partial payment toward its account 17 The company paid $725 cash to repair computer equipment damaged when moving it 20 The company paid $1,648 cash for advertisements published in the local newspaper 22 The company received $2,100 cash from Easy Leasing toward its account 28 The company billed IFM Company $5,253 for services performed 31 The company paid $980 cash for Lyn Addie's wages for seven days of work this month 31 The company paid $3,400 cash in dividends to the owner (sole shareholder)

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