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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
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 $47,000 cash, a $23,000 computer system, and $10,000 of office equipment in the company. 3 The company purchased $1,500 of computer supplies on credit from Harris Office Products. 6 The company billed Easy Leasing $5,400 for services performed in installing a new web server. 8 The company paid $1,500 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 $1,700 for services performed. 15 The company received $5,400 cash from Easy Leasing as partial payment toward its account. 17 The company paid $790 cash to repair computer equipment damaged when moving it. 20 The company paid $1,683 cash for advertisements published in the local newspaper. 22 The company received $1,700 cash from Easy Leasing toward its account. 28 The company billed IFM Company $5,233 for services performed. 31 The company paid $980 cash for Lyn Addie's wages for seven days of work this month... 31 S. Rey withdrew $2,900 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 einn Enter as per the transaction order provided in the unction data
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