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 $50,000 cash, a $22,000 computer system, and $11,000 of office equipment in the company in exchange for its common stock. 3 The company purchased $1,420 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 $1,420 cash for the computer supplies purchased from Harris Office Products on October 3. 10 The company hired Lyn Addie as part-time assistant for $140 per day, as needed. 12 The company billed Easy Leasing another $1,500 for services performed. 15 The company received $5,400 cash from Easy Leasing as partial payment toward its account. 17 The company paid $ 715 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 $1,500 cash from Easy Leasing toward its account. 28 The company billed IFM Company $5,213 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 $3,000 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.) 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 Date Cash Accounts Receivable Computer Supplies Computer System Office Equipment Accounts Payable Common Stock Dividends Revenues Expenses Oct. 1 + + + + + Oct. 3 Bal. . +10 +10 0 +10 =10 +10 0 0 - +10 0 - 0 0 +10 + 0 J+1 + + EN + Oct. 6 Bal. +10 + 0 0 + + +1 + 0 = + 10 + 0 - 0 +10 -10 - 0 + + 0 + +1 = + Oct. 8 Bal. + 0 + 0 + 0 + =10 0 0 - + 10 0 - 0 + + 0 + 0 0 + + + + T1 Oct. 10 Bal. + 0 0 +10 0 +10 +10 =10 + 10 -10 +10 0 0 Oct. 12 1+1 + +1 E + Bal. 0 1 + +10 +10 0 +10 01= +10 -0 0 + - 0 0 + + + + =1 + Oct. 15 Bal. +10 +10 0 +10 + +10 + 10 0 0 + 01- 0 +! + + + + Oct. 17 Bal. 1+1 0+1 1+1 +10 0 = 1=1 0=1 1=1 +10 +10 + 10 -0 0 + - 0 0 | + 1 + +1 + Oct. 20 Bal. +10 +10 0 01 + 01 + 1 = 0 =10 +10 -0 0 + -10 0 Oct. 22 + + + + TER + Bal. +10 01 + 0 01 + 0 =10 +10 0 -10 0 + 0 0 0 + | + 0 + 1+ 1+1 + + Oct. 28 Bal. +10 +10 0 0+ +10 1=1 01= 1 = + 10 -0 0 + -10 0 Oct. 31 + + + + + Bal. +10 01 + 0 0 + 01 + 0 =10 + 10 0 01 + 0- 0 Oct. 31 + + + Bal. $ +10 $ 0 +10 $ 0 0 + 0 $ +10 $ 0 01 = $ 0 = $ + 0 0 $ +10 $ 0 $
