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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 S. Rey invested $52,000 cash, a $28,000 computer system, and $11,000 of office equipment in the company in exchange for its common stock. 3 The company purchased $1,380 of computer supplies on credit fron Harris Office Products. 6 The company billed Easy Leasing $5,500 for services performed in installing a new web servor. 8 The company paid $1,380 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 $135 per day, as needed. 12 The company billed Easy Leasing another $2,000 for services performed. 15 The company received $5,500 cash from Easy Leasing as partial payment toward its account. 17 The company paid $770 cash to repair computer equipment damaged when moving it. 20 The company paid $1,673 cash for advertisements published in the local newspaper. 22 The company received $2,000 cash from Easy Leasing toward its account. 28 The company billed IFM Company $5,238 for services performed. 31 The company paid $945 cash for Lyn Addie's wages for seven days of work this month. 31 The company paid $3,300 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.) Assets Liabilities Equity Cash Accounts Receivable Computer Supplies Computer System Office Equipment Accounts Payable Common Stock Dividends Revenues Expenses $ $ 52.000 $ 28,000+ $ 11,000 5 91,000 . E 52.000 1,380 1,380 01 D. 28,000 11.000 = 91.000 - !!! 0 + 0 0+ 0. .. 28,000 11,000 91.000 +10 0 0 52,000+ (1,380) 50.620 + + 1,380 (1,380) 0+ +10 0 28,000 11,000 91,000 0+ 0 0 + . + + 50.020+ 0+ -10 28.000 11,000 O 91,000 0+ 0 0 . . 0+ 10 28,000+ 11,000 0 91.000 0. 0 0 . . +10 0. 28,000 11,000 +10 91,000 - . 10 0- 0 + . 50,620 + 5,500 56,120 (770) 55,350 (1,673) + 53,677 + 2.000 55,677 10 0. 28,000 11,000 0 91.000 0. 0 0 + + +10 0. 28,000 11.000 0+ 91.000 0 + -10 0 . 04 0+ 28.000 11.000 +0 91.000 . -10 0 . + . 01. +10 28.000 11,000 0+ 01.000 0+ -10 0 + 55,677 (045) 54,732 (3.300) 51,432.5 10 0 20,000+ 11,000 0+ 000'16 0 + -10 0 + . $ +10 $ -0 $ 28.000 5 11.000 $ 0+ $ 91.000 $ 10 5 0 5 0

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