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 company's initial chart of accounts follows Account Number Account Number Cash 101 Common stock Accounts Receivable 106 Dividends 319 Computer Supplies 126 Computer Services Revenue 403 Prepaid Insurance 128 Wages Expense 623 Prepaid Rent Office Equipment Computer Equipment 131 Advertising Expense 655 163 Mileage Expense 676 Accounts Payable 167 201 Miscellaneous Expenses 677 Repairs Expense-Computer 684 October 15. Rey invested $49,000 cash, a $27,000 computer system, and $9,000 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 $3,288. October The company purchased $1,320 of computer supplies on credit from Harris Office Products, October 5 The company paid $1,860 cash for one year's premium on a property and liability insurance policy. Hint: Debit Prepaid Insurance for $1,860. October 6 The company billed Easy Leasing $5,300 for services performed in installing a new Web server. October 8 The company paid $1,320 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 $1,500 for services performed. October 15 The company received $5,300 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 $1,698 cash for advertisements. October 22 The company received $1,500 cash from Easy Leasing on its account. October 28 The company billed IFM Company $5,908 for services performed. October 31 The company paid $805 cash for Lyn Addie's wages for seven days work. October 31 The company paid a $2,800 cash dividend. November 1 The company paid $240 cash for mileage expenses. November 2 The company received $5,433 cash from Liu Corporation for computer services performed. November 5 The company purchased computer supplies for $1,086 cash from Harris Office Products. November 8 The company billed Gomez Company $6,668 for services performed. November 15 The company agreed to perform future services for Alex's Engineering Company. No work has yet been performed. November 18 The company received $2,508 cash from IFS Company as partial payment of the October 28 bill. November 22 The company paid $100 cash for miscellaneous expenses, Hint: Debit Miscellaneous Expenses for $180. November 24 The company completed work and sent a bill for $4,350 to Alex's Engineering Company. November 25 The company sent another bill to IFM Company for the past due amount of $3,400. November 28 The company paid $280 cash for mileage expenses. November 30 The company paid $1,610 cash for Lyn Addie's wages for 14 days work. November 30 The company paid a $1,600 cash dividend. ezto.mheducation.com/ext/map/index.htm dual Learning Project Assignment Required 1 Required 2 Required 3 Saved Prepare ledger accounts (in balance column format) and post the journal entries from requirement 1 to them. 106: Accounts Receivable Debit Credit 101: Cash Date Debit Credit Balance Date Balance Date Date 128: Prepaid Insurance Credit Balance Date Debit Credit Balance 126: Computer Supplies Debit 131: Prepaid Rent Debit Credit Balance Date 163: Office Equipment Debit Credit Balance Date Date 307: Common Stock Debit 319: Dividends. Credit Balance Date Debit Credit Balance 403: Computer Services Revenue Debit Credit Balance Date 623: Wages Expense Debit Credit Balance Date 655: Advertising Expense Debit Credit Balance Date 676: Mileage Expense Debit Credit Balance Date 677: Miscellaneous Expenses Credit Debit Balance Date 684: Repairs Expense-Computer Debit Credit Balance