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On October 1, 2019, Santana Rey launched a computer services company, Business Solutions, that is organized as a proprietorship and provides consulting services, computer system

On October 1, 2019, Santana Rey launched a computer services company, Business Solutions, that is organized as a proprietorship and provides consulting services, computer system installations, and custom program development. Oct. 1 S. Rey invested $45,000 cash, a $20,000 computer system, and $8,000 of office equipment in the company. 3 The company purchased $1,428 of computer supplies on credit from Harris Office Products. 6 The company billed Easy Leasing $4,800 for services performed in installing a new web server. 8 The company paid $1,428 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 $125 per day, as needed. 12 The company billed Easy Leasing another $1,400 for services performed. 15 The company received $4,800 cash from Easy Leasing as partial payment toward its account. 17 The company paid $805 cash to repair computer equipment damaged when moving it. 20 The company paid $1,728 cash for advertisements published in the local newspaper. 22 The company received $1,400 cash from Easy Leasing toward its account. 28 The company billed IFM Company $5,298 for services performed. 31 The company paid $875 cash for Lyn Addie's wages for seven days of work this month. 31 S. Rey withdrew $3,600 cash from the company for personal use. 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.) Answer is not complete. Accounts Assets Computer Date S Cash 45,000 + Receivable + Supplies Computer System Office Equipment Liabilities Accounts Payable Equity + S. Rey, Capital S. Rey, Withdrawals + Revenues Expenses $ 20.000 S 8.000 $ 73,000 Oct. 3 + + 1,420 + = 1,420 + Bal. 45,000 + 1,420 20,000 8,000 = 1,420 Oct. 6 + 4,800 + + + = + Bal. 45,000 4,800 + 1,420 20,000 + 8,000 1,420 73,000 73,000 0 0 0 4,800 4,800 Oct. 8 (1.420) + + + = (1,420) Bal. 43,580 4,800 + 1,420 20,000 8,000 = 0 + 73,000 0 4.800 0 Oct. 10 + + + + = Bal. 43,580 + 4,800 + 1,420 20,000 + 8,000 = 0 Oct. 121 + 1.400 + + = 73,000 0 + Bal. 43.580 + 6,200 + 1,420 + 20.000 + 8,000 = 4,800 0 1,400 + 73,000 0 + 6,200 0 Oct. 15 + + = Bal. 43,580 + 6.200 + 1,420 20,000 + 8.000 = 73,000 0 Oct. 17 (805) + + + + = + Bal. Oct. 201 42,775 + 6,200 + 1,420 + 20,000 + 8,000 = 0 + 73,000 0 6,200 (1.728) + + + = + Bal. 41,047 + 6,200 + 1,420 + 20,000 + 8,000 = 0 + 73,000 6,200 1- 0 805 805 1,728 + 6,200 2,533 Oct. 22 1,400 + (1,400) + + Bal. 42,447 + 4,800 + 1,420 + 20,000 + 8.000 = 0 Oct. 28 + 5.208 + + Bal. Oct. 31 42,447 10.008 + 1,420 (875) + + Bal. 41,572 + 10.008 + 1,420 + 20,000 + 8,000 = + 73,000 73,000 0 + 6,200 2,533 = + 5,208 20,000 + 8,000 0 73,000 0 11.408 2,533 + = + 875 11,408 3,408 0 Oct. 311 (3.600) + + 3,600 Bal. S 37,972 + S 10,008 + $ 1,420 S 20,000 + S 8,000 = $ S 73,000 $ 3,600 S 11.408 3,408

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