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On October 1, 2019, 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, 2019, 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. Oct. 1 5. Rey invested $47,000 cash, a $21,000 computer system, and $9,000 of office equipment in the company in exchange for its common stock 3 The company purchased $1,330 of computer supplies on credit from Harris Office Products. 6 The company billed Easy Leasing $5,000 for services performed in installing a new web server. 8 The company paid $1,330 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 $2,400 for services performed. 15 The company received $5,000 cash from Easy Leasing as partial payment toward its account. 17 The company paid $805 cash to repair computer equipment danaged when moving it. 20 The company paid $1,688 cash for advertisements published in the local newspaper. 22 The company received $2,400 cash from Easy Leasing toward its account. 28 The company billed IFM Company $5,283 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 $3,500 cash in dividends to the owner (sole shareholder). Required: Enter the amount of each transaction on individual items of the accounting equation. Show new balances after each transaction (Enter decreases to account balances with a minus sign. Enter as per the transaction order provided in the question data) Date Accounts Receivable Computer Supplies Computer System Om Equipment Accounts Payable Co Dividends . Ravenue s Oct 1 Oct. 3 Flal Oct 6 Bal . Oct 8 Oct 10 D Od 12 Bal Oct 15 Bal Od 17 . . . Oct 20 Od 22 Oct 28 Bal 1 of 1 Next >

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