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 5. Rey invested $45,000 cash, a $20,eee computer system, and $8,eee of office equipment in the company in exchange for its common stock. 3. The company purchased $1,420 of computer supplies on credit. 6 The company billed Easy Leasing $4,800 for services performed in installing a new web server. 8 The company paid $1,420 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 $1,400 for services performed 15 The company received $4,800 cash from Easy Leasing as partial payment toward its account. 17 The company paid $805 cash to repair its computer equipment. 20 The company paid $1,728 cash for advertisements published on Facebook 22 The company received $1,400 cash from Easy Leasing toward its account. 28 The company billed IFM Company $5,208 for services performed. 31 The company paid $875 cash for the assistant's wages for this month. 31 The company paid $3,600 cash in dividends to the owner (sole shareholder). Oct. 1 5. Rey invested $45,000 cash, a $28,000 computer system, and $9,000 of office equipment in the company in exchange for common stock. 2 The company paid $3,280 cash for four months' rent. Hint: Debit Prepaid Rent for $3,280. 3. The company purchased $1,330 of computer supplies on credit from Harris Office Products. 5 The company paid $1,980 cash for one year's premium on a property and liability insurance policy. Hint: Debit Prepaid Insurance for $1,980. 6 The company billed Easy Leasing 55,800 for services performed in installing a new web server. 8 The company paid $1,330 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 15 The company received $5,800 cash from Easy Leasing as partial payment on its account. 17 The company paid $790 cash to repair computer equipment that was damaged when moving it. 20 The company paid $1,693 cash for advertisements. 22 The company received $1,800 cash from Easy Leasing on its account. 28 The company billed IFM Company $5,888 for services performed 31 The company paid $1,815 cash for Lyn Addie's wages for seven days' work. 31 The company paid a $3,100 cash dividend. Nov. 1 The company paid $260 cash for mileage expenses. 2 The company received 5,433 cash from Liu Corporation for computer services performed. 5 The company purchased computer supplies for $1,070 cash from Harris Office Products. 8 The company billed Gomez Co. $5,768 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 53,108 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 54,454. to Alex's Engineering Co. 25 The company sent another bill to IFM Company for the last-due amount of $2.700. 28 The company paid $312 cash for mileage expenses. 30 The company paid $2,030 cash for Lyn Addie's wages for 14 days' work. 30 The company paid a $1,700 cash dividend. rences 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 to them. 3. Prepare a trial balance as of the end of November