On October 1, 2020, 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 $48,000 cash, a $27,000 computer system, and $8,500 of office equipment in the company in exchange for its common stock. 3 The company purchased $1,470 of computer supplies on credit. 6 The company billed Easy Leasing $5,500 for services performed in installing a new web server. 8 The company paid $1,470 cash for the computer supplies purchased on credit on October 3. 10 The company hired a part-time assistant. 12 The company billed Easy Leasing another $1,800 for services performed. 15 The company received $5,500 cash from Easy Leasing as partial payment toward its account. 17 The company paid $775 cash to repair its computer equipment. 20 The company paid $1,653 cash for advertisements published on Facebook. 22 The company received $1,800 cash from Easy Leasing toward its account. 28 The company billed IFM Company $5,218 for services performed. 31 The company paid $945 cash for the assistant's wages for this month. 31 The company paid $2,800 cash in dividends to the owner (sole shareholder).