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. No. Account Cash Accounts Receivable Computer Supplies Prepaid Insurance Prepaid Rent office Equipment Computer Equipment Accounts Payable No. Account 101 Common Stock 106 Dividends 126 Computer Services Revenue 128 Wages Expense 131 Advertising Expense 163 Mileage Expense 167 Miscellaneous Expenses 201 Repairs Expense-Computer 307 319 403 623 655 676 677 684 Oct. 1 8. Rey invested $51,000 cash, a $23,000 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 $1,350 of computed 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. Wint: Debit Prepaid Insurance for $1,680. 6 The company billed Easy Leasing $5,100 for services performed in installing a new web server. 8 The company paid $1,350 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 $2,200 for services performed 15 The company received $5,100 cash from Easy Leasing as partial payment on its account. 17 The company paid $795 cash to repair computer equipment that was danaged when moving it. 20 The company paid $1,703 cash for advertisements. 22 The company received $2,200 cash from Easy Leasing on its account. 28 The company billed ITM Company $5,708 for services performed 31 The company paid $945 cash for Lyn Addie's wages for seven days' work. 31 The company paid a $2,900 cash dividend. Nov. 1 The company paid $320 cash for mileage expenses. 2 The company received $4,833 cash from Liu Corporation for computer services performed 5 The company purchased computer supplied for $1,025 cash from Harris office Products. 8 The company billed Gomes Co. $5,968 for services performed 13 The company agreed to perform tuture services for Alex's Engineering Co. No work has yet been performed. 18 The company received $3,708 cash from ITH Company as partial payment of the October 28 bill. 22 The company paid $180 cash for miscellaneous expenses. Wint: Debit Miscellaneous Expenses for $180. Oct. 1 S. Rey invested $51,000 cash, a $23,000 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 $1,350 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. Mint: Debit Prepaid Insurance for $1,680. 6 The company billed Easy Leasing $5,100 for services performed in installing a new Web server. 8 The company paid $1,350 cash for the computer supplies purchased from Harris Office Products on October 3. 10 The company hired Lyn Addie as a part-tine assistant. 12 The company billed Easy Leasing another $2,200 for services performed. 15 The company received $5,100 cash from Easy Leasing as partial payment on its account. 17 The company paid $795 cash to repair computer equipment that was damaged when moving it. 20 The company paid $1,703 cash for advertisements. 22 The company received $2,200 cash from Easy Leasing on its account. 28 The company billed IFM Company $5,708 de services performed. 31 The company paid $945 cash for Lyn Addie's wages for seven days' work. 31 The company paid a $2,900 cash dividend. Nov. 1 The company paid $320 cash for mileage expenses. 2 The company received $4,833 cash from Liu Corporation for computer services performed. 5 The company purchased computer supplies for $1,025 cash from Harris office Products. 8 The company billed Gomez co. $5,968 for services performed. 13 The company agreed to perform future services for Alex's Engineering Co. No work has yet been performed. 18 The company received $3,708 cash from IFM Company as partial payment of the October 28 bill. 22 The company paid $180 cash for miscellaneous expenses. Hint: Debit Miscellaneous Expenses for $180. 24 The company completed work and sent a bill for $4,850 to Alex's Engineering Co. 25 The company sent another bill to IFM Company for the past-due amount of $2,000. 28 The company paid $384 cash for mileage expenses. 30 The company paid $1,890 cash for Lyn Addie's wages for 14 days' work. 30 The company paid a $1,500 cash dividend. Prepare journal entries to record each of the above transactions for Business Solutions. (If no entry is ree select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet The company paid $1,680 cash for one year's premium on a property and liability insurance policy. Note: Enter debits before credits. General Journal Debit Credit Date Oct 05 Record entry Clear entry View general journal Journal entry worksheet The company billed Easy Leasing another $2,200 for services performed. Note: Enter debits before credits. Date General Journal Debit Credit Oct 12 Record entry Clear entry View general journal Journal entry worksheet 27 The company received $5,100 cash from Easy Leasing as partial payment on its account. Note: Enter debits before credits. Date General Journal Debit Credit Oct 15 Record entry Clear entry View general journal Journal entry worksheet 9 1 ..... 8 10 11 12 13 27 The company paid $795 cash to repair computer equipment that was damaged when moving it. Note: Enter debits before credits. Debit Credit Date General Journal Oct 17 Record entry Clear entry View general journal Journal entry worksheet 9 10 11 12 13 27 The company paid $1,703 cash for advertisements. Note: Enter debits before credits. Date General Journal Debit Credit Oct 20 Record entry Clear entry View general journal Journal entry worksheet The company billed Gomez Co. $5,968 for services performed. Note: Enter debits before credits. Date General Journal Debit Credit Nov 08 Record entry Clear entry View general journal Journal entry worksheet The company paid $384 cash for mileage expenses. Note: Enter debits before credits. Debit General Journal Date Credit Nov 28 Record entry Clear entry View general journal Journal entry worksheet 26 27 The company paid $1,890 cash for Lyn Addie's wages for 14 days' work. Note: Enter debits before credits. Date Debit General Journal Credit Nov 30 Record entry Clear entry View general journal Journal entry worksheet