On October 1, 2021, Ramona Santana launched a computer services company called Computer Solutions, which provides consulting services, computer system installations, and custom program development. Santana adopts the calendar year for reporting purposes and expects to prepare the companys first set of financial statements on December 31, 2021. The companys initial chart of accounts follows

Oct. 1 R. Santana invested $75,000 cash, a $5,000 computer system, and $5,000 of office equipment in the company in exchange for its common stock.

2 The company paid $4,500 cash for four months' rent. (Use Prepaid Rent account.) 2 The company purchased additional computer equipment for $17,000 cash.

3 The company purchased $1,600 of computer supplies on credit from Harris Office Products. 5 The company paid $4,380 cash for one year's premium on a property and liability insurance policy. The company initially records insurance as a prepaid expense.

6 The company billed West Leasing $4,300 for services performed in installing a new Web server.

8 The company paid $1,600 cash for the computer supplies purchased from Harris Office Products on October 3.

10 The company hired Lyn Addie as a part-time assistant for $150 per day, as needed.

12 The company billed West Leasing another $2,600 for services performed.

15 The company received $4,300 cash from West Leasing as partial payment on its account.

17 The company paid $805 cash to repair computer equipment that was damaged when moving it.

20 The company paid $1,375 cash for advertisements published in the local newspaper.

22 The company received $2,600 cash from West Leasing on its account.

28 The company billed IFM Company $5,340 for services performed.

31 The company paid $1,200 cash for Lyn Addie's wages for eight days' work. 31 The company paid $3,600 cash in dividends.

Nov.

1 The company reimbursed R. Santana in cash for business automobile mileage allowance (Santana logged 1,000 miles at $0.32 per mile).

2 The company received $5,325 cash from Liu Corporation for computer services performed.

5 The company purchased computer supplies for $1,075 cash from Harris Office Products.

8 The company billed Gomez Co. $5,750 for services performed.

13 The company received notification from Alex's Engineering Co. that Computer Solutions' bid of $3,950 for an upcoming project was accepted. Alex's paid a $2,000 cash advance to Business Solutions.

18 The company received $2,340 cash from IFM Company as partial payment of the October 28 bill.

22 The company donated $400 cash to the United Way in the company's name.

24 The company completed work for Alex's Engineering Co. and billed them $1,950, which is the total price of $3,950 lest the cash advance of $2,000.

25 The company sent another bill to IFM Company for the past-due amount of $3,000.

28 The company reimbursed R. Santana in cash for business automobile mileage (1,200 miles at $0.32 per mile).

30 The company paid $2,100 cash for Lyn Addie's wages for 14 days' work. 30 The company paid $2,500 cash in dividends.

Dec.

2 Paid $1,025 cash to Hilltop Mall for Computer Solutions' share of mall advertising costs.

3 Paid $500 cash for minor repairs to the company's computer.

4 Received $1,950 cash from Alex's Engineering Co. for the receivable from November.

10 Paid cash to Lyn Addie for six days of work at the rate of $150 per day.

14 Notified by Alex's Engineering Co. that Computer Solutions' bid of $9,000 on a proposed project has been accepted. Alex's paid a $3,000 cash advance to Business Solutions.

15 Purchased $1,100 of computer supplies on credit from Harris Office Products.

16 Sent a reminder to Gomez Co. to pay the fee for services recorded on November 8.

20 Completed a project for Liu Corporation and received $5,625 cash.

22-26 Took the week off for the holidays.

28 Received $3,000 cash from Gomez Co. on its receivable.

29 Reimbursed R. Santana for business automobile mileage (600 miles at $0.32 per mile).

31 The company paid $1,800 cash in dividends.

Using the general ledger provided in the Excel file, post the transactions from the general journal to the general ledger.

No. Account 101 Cash 106.1 A/R - Alex's Engineering Co. 106.2 A/R -Wildcat Services 106.3 A/R -West Leasing 106.4 A/R -IFM Co. 106.5 A/R -Liu Corp. 106.6 A/R -Gomez Co. 106.7 A/R -Delta Co. 106.8 A/R -KC, Inc. 106.9 A/R -Dream, Inc. 119 Merchandise inventory 126 Computer supplies 128 Prepaid insurance 131 Prepaid rent 163 Office equipment 164 Accumulated depreciation-Office equipment 167 Computer equipment 168 Accumulated depreciation-Computer equipment Accounts payable 201 210 Wages payable No. Account Unearned computer services revenue Common stock Retained earnings Dividends Computer services revenue Sales Sales returns and allowances Sales discounts Cost of goods sold Depreciation expense-Office equipment Depreciation expense-Computer equipment Wages expense Insurance expense Rent expense Computer supplies expense 236 307 318 319 403 413 414 415 502 612 613 623 637 640 652 655 Advertising expense 676 Mileage expense 677 684 Miscellaneous expenses Repairs expense-Computer ACCOUNT A/R - Alex's DATE ITEM ACCOUNT A/R - Wildcat DATE ITEM ACCOUNT A/R-West Leasing DATE ITEM ACCOUNT A/R - IFM Co. DATE ITEM POST. REF. POST. REF. POST. REF. POST. REF. DEBIT DEBIT DEBIT DEBIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT 106.1 BALANCE 106.2 BALANCE 106.3 BALANCE 106.4 BALANCE ACCOUNT A/R - Liu Corp DATE ITEM ACCOUNT A/R - Gomez Co. DATE ITEM ACCOUNT A/R - Delta DATE ACCOUNT A/R - KC DATE ITEM ITEM POST. REF. POST. REF. POST. REF. POST. REF. DEBIT DEBIT DEBIT DEBIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT 106.5 BALANCE 106.6 BALANCE 106.7 BALANCE 106.8 BALANCE ACCOUNT A/R - Dream DATE ITEM ACCOUNT Merchandise Inventory DATE ITEM ACCOUNT Computer Supplies DATE ITEM ACCOUNT Prepaid Insurance DATE ITEM POST. REF. POST. REF. POST. REF. POST. REF. DEBIT DEBIT DEBIT DEBIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT 106.9 BALANCE 119 BALANCE 126 BALANCE 128 BALANCE ACCOUNT Prepaid Rent DATE ITEM ACCOUNT Office Equipment DATE ITEM ACCOUNT Accum. Deprec. O.E. DATE ITEM ACCOUNT Computer Equipment DATE ITEM POST. REF. POST. REF. POST. REF. POST. REF. DEBIT DEBIT DEBIT DEBIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT 131 BALANCE 163 BALANCE 164 BALANCE 167 BALANCE ACCOUNT Accum. Deprec. - C.E. POST. DATE ITEM REF. DEBIT ACCOUNT Accounts Payable DATE POST. REF. ITEM DEBIT ACCOUNT Wages Payable POST. REF. DATE ITEM DEBIT ACCOUNT Unearned Computer Service Revenue POST. DATE ITEM REF. DEBIT ACCOUNT Common Stock POST. DATE ITEM REF. DEBIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT 168 BALANCE 201 BALANCE 210 BALANCE 236 BALANCE 307 BALANCE ACCOUNT Retained Earnings POST. DATE ITEM REF. ACCOUNT Dividends POST. DATE ITEM REF. ACCOUNT Computer Services Revenue POST. DATE ITEM REF. ACCOUNT Sales POST. REF. DATE ITEM ACCOUNT Sales Returns & Allowances POST. DATE ITEM REF. DEBIT DEBIT DEBIT DEBIT DEBIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT 318 BALANCE 319 BALANCE 403 BALANCE 413 BALANCE 414 BALANCE Show or hide sort, filter, cate ACCOUNT Sales Discounts POST. DATE ITEM REF. ACCOUNT Cost of Goods Sold DATE ITEM POST. REF. ACCOUNT Depreciation Expense - O.E. DATE POST. ITEM REF. ACCOUNT Depreciation Expense - C.E. POST. DATE ITEM REF. ACCOUNT Wages Expense POST. DATE ITEM REF. DEBIT DEBIT DEBIT DEBIT DEBIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT 415 BALANCE 502 BALANCE 612 BALANCE 613 BALANCE 623 BALANCE ACCOUNT Insurance Expense POST. DATE ITEM REF. ACCOUNT Rent Expense DATE ITEM POST. REF. ACCOUNT Computer Supplies Expense POST. DATE ITEM REF. ACCOUNT Advertising Expense DATE ITEM ACCOUNT Mileage Expense DATE ITEM POST. REF. POST. REF. DEBIT DEBIT DEBIT DEBIT DEBIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT 637 BALANCE 640 BALANCE 652 BALANCE 655 BALANCE 676 BALANCE ACCOUNT Miscellaneous Expense POST. DATE ITEM REF. ACCOUNT Repairs Expense - Computer POST. DATE ITEM REF. ACCOUNT Income Summary POST. DATE ITEM REF. DEBIT DEBIT DEBIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT ACCOUNT NO. CREDIT 677 BALANCE 684 BALANCE 676 BALANCE