On October 1, 2020, Santana Rey launched a computer services company called Business Solutions, which provides consulting services, computer system installations, and custom program development. The company's initial chart of accounts follows. Account Cash Accounts Receivable Computer Supplies Prepaid Insurance Prepaid Rent Office Equipment Computer Equipment Accounts Payable No. 101 106 126 128 131 163 167 201 Account Common Stock Dividends Computer Services Revenue Wages Expense Advertising Expense Mileage Expense Miscellaneous Expenses Repairs Expense-Computer No. 307 319 403 623 655 676 677 684 Oct. 1 S. Rey invested $52,000 cash, a $21,000 computer system, and $9,000 of office equipment in the company in exchange for common stock. 2 The company paid $3,300 cash for four months' rent. Hint: Debit Prepaid Rent for $3,300. 3 The company purchased $1, 400 of computer supplies on credit from Harris Office Products. 5 The company paid $1,680 cash for one year's premium on a property and liability insurance policy. Hint: Debit Prepaid Insurance for $1,680. 6 The company billed Easy Leasing $4, 900 for services performed in installing a new Web server. 8 The company paid $1,400 cash for the computer supplies purchased from Harris Office Products on October 3. 10 The company hired Lyn Addie as a part-time assistant. 12 The company billed Easy Leasing another $1,800 for services performed. The company received $4, 900 cash from Easy Leasing as partial payment on its account. 17 The company paid $765 cash to repair computer equipment that was damaged when moving it. 20 The company paid $1, 703 cash for advertisements. 22 The company received $1, 800 cash from Easy Leasing on its account. 28 The company billed IFM Company $5,208 for services performed. 31 The company paid $875 cash for Lyn Addie's wages for seven days' work. 31 The company paid a $3,300 cash dividend. 1 The company paid $250 cash for mileage expenses. 2 The company received $4,833 cash from Liu Corporation for computer services performed. The company purchased computer supplies for $1, 100 cash from Harris Office Products. 8 The company billed Gomez Co. $6,068 for services performed. The company agreed to perform future services for Alex's Engineering Co. No work has yet been performed. 18 The company received $1,608 cash from IFM Company as partial payment of the October 28 bill. 22 The company paid $170 cash for miscellaneous expenses. Hint: Debit Miscellaneous Expenses for $170. 24 The company completed work and sent a bill for $4, 650 to Alex's Engineering Co. 25 The company sent another bill to IFM Company for the past-due amount of $3,600. 28 The company paid $300 cash for mileage expenses. 30 The company paid $1, 750 cash for Lyn Addie's wages for 14 days' work. 30 The company paid a $1,200 cash dividend. Nov. 5 The company paid a $1, 200 cash dividend. Required: 1. Prepare journal entries to record each of the above transactions for Business Solutions. 2. Prepare ledger accounts (in balance column format) and post the journal entries from requirement 1 to them. 3. Prepare a trial balance as of the end of November. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare journal entries to record each of the above transactions for Business Solutions. (If no entry is required for a transaction/eve select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet