On October 1, 2021, Santana Rey launched a computer services company called Business Solutions, which provides consulting services, computer system installations, and custom program development. The companys initial chart of accounts follows.

Account	Number	Account	Number
Cash	101	Common stock	307
Accounts Receivable	106	Dividends	319
Computer Supplies	126	Computer Services Revenue	403
Prepaid Insurance	128	Wages Expense	623
Prepaid Rent	131	Advertising Expense	655
Office Equipment	163	Mileage Expense	676
Computer Equipment	167	Miscellaneous Expenses	677
Accounts Payable	201	Repairs ExpenseComputer	684

October 1	S. Rey invested $50,000 cash, a $22,000 computer system, and $8,000 of office equipment in the company in exchange for common stock.
October 2	The company paid $3,280 cash for four months' rent. Hint: Debit Prepaid Rent for $3,280.
October 3	The company purchased $1,340 of computer supplies on credit from Harris Office Products.
October 5	The company paid $2,100 cash for one year's premium on a property and liability insurance policy. Hint: Debit Prepaid Insurance for $2,100.
October 6	The company billed Easy Leasing $4,900 for services performed in installing a new Web server.
October 8	The company paid $1,340 cash for the computer supplies purchased from Harris Office Products on October 3.
October 10	The company hired Lyn Addie as a part-time assistant.
October 12	The company billed Easy Leasing another $2,100 for services performed.
October 15	The company received $4,900 cash from Easy Leasing as partial payment on its account.
October 17	The company paid $765 cash to repair computer equipment that was damaged when moving it.
October 20	The company paid $1,708 cash for advertisements.
October 22	The company received $2,100 cash from Easy Leasing on its account.
October 28	The company billed IFM Company $6,108 for services performed.
October 31	The company paid $980 cash for Lyn Addies wages for seven days' work.
October 31	The company paid a $2,900 cash dividend.
November 1	The company paid $310 cash for mileage expenses.
November 2	The company received $5,633 cash from Liu Corporation for computer services performed.
November 5	The company purchased computer supplies for $1,060 cash from Harris Office Products.
November 8	The company billed Gomez Company $6,268 for services performed.
November 13	The company agreed to perform future services for Alexs Engineering Company. No work has yet been performed.
November 18	The company received $3,008 cash from IFM Company as partial payment of the October 28 bill.
November 22	The company paid $160 cash for miscellaneous expenses. Hint: Debit Miscellaneous Expenses for $160.
November 24	The company completed work and sent a bill for $3,950 to Alexs Engineering Company.
November 25	The company sent another bill to IFM Company for the past-due amount of $3,100.
November 28	The company paid $372 cash for mileage expenses.
November 30	The company paid $1,960 cash for Lyn Addie's wages for 14 days' work.
November 30	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.

Journal entry worksheet S. Rey invested $50,000 cash, a $22,000 computer system, and $8,000 of office equipment in the company in exchange for common stock. Note: Enter debits before credits. \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ Trial Balance } \\ \hline \multicolumn{2}{|c|}{ November 30} \\ \hline Cash & & \\ \hline Accounts receivable & & \\ \hline Computer supplies & & \\ \hline Prepaid insurance & & \\ \hline Prepaid rent & & \\ \hline Office equipment & & \\ \hline Computer equipment & & \\ \hline Accounts payable & & \\ \hline Common stock & & \\ \hline Dividends & & \\ \hline Computer services revenue & & \\ \hline Wages expense & & \\ \hline Advertising expense & & \\ \hline Mileage expense & & \\ \hline Miscellaneous expenses & \\ \hline Repairs expense-Computer & \\ \hline \multicolumn{1}{|c|}{ Totals } & \\ \hline \end{tabular}