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 Cash Number 101 Account Number S. Rey, Capital 301 Accounts Receivable 106 S. Rey, Withdrawals 302 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 676 167 Miscellaneous Expenses 677 Accounts Payable 201 Repairs Expense-Computer 684 October 1 S. Rey invested $55,000 cash, a $20,000 computer system, and $8,000 of office equipment in the company. October 2 The company paid $3,260 cash for four months' rent. Hint: Debit Prepaid Rent for $3,260. October 3 The company purchased $1,410 of computer supplies on credit from Harris Office Products. October 5 The company paid $2,160 cash for one year's premium on a property and liability insurance policy. Hint: Debit Prepaid Insurance for $2,160. October 6 The company billed Easy Leasing $5,700 for services performed in installing a new Web server. October 8 The company paid $1,410 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 $2,300 for services performed. October 15 The company received $5,700 cash from Easy Leasing as partial payment on its account. October 17 The company paid $770 cash to repair computer equipment that was damaged when moving it. October 20 The company paid $1,693 cash for advertisements. October 22 The company received $2,300 cash from Easy Leasing on its account. October 28 The company billed IFM Company $5,608 for services performed. October 31 The company paid $1,015 cash for Lyn Addie's wages for seven days' work. October 31 S. Rey withdrew $3,400 cash from the company for personal use. November 1 The company paid $290 cash for mileage expenses. November 2 The company received $5,033 cash from Liu Corporation for computer services performed. November 5 The company purchased computer supplies for $1,070 cash from Harris Office Products. November 8 The company billed Gomez Company $5,868 for services performed. November 13 The company agreed to perform future services for Alex's Engineering Company. No work has yet been performed. November 18 The company received $3,408 cash from IFM Company as partial payment of the October 28 bill. November 22 The company paid $240 cash for miscellaneous expenses. Hint: Debit Miscellaneous Expenses for $240. November 24 The company completed work and sent a bill for $4,850 to Alex's Engineering Company. November 25 The company sent another bill to IFM Company for the past-due amount of $2,200. November 28 The company paid $348 cash for mileage expenses. November 30 The company paid $2,030 cash for Lyn Addie's wages for 14 days' work. November 30 S. Rey withdrew $1,500 cash from the company for personal use. 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. Required 1 Required 2 Required 3 Prepare ledger accounts (in balance column format) and post the journal entries from requirement 1 to them. Date October 1 101: Cash Debit Credit Balance Date Date Date 106: Accounts Receivable Debit Credit Balance Credit Balance Date 128: Prepaid Insurance Debit Credit Balance 126: Computer Supplies Debit 131: Prepaid Rent Debit 163: Office Equipment Credit Balance Date Debit Credit Balance Date Date Date Date Date 167: Computer Equipment Debit Credit Balance Date 301: S. Rey, Capital Debit Credit Balance Date 403: Computer Services Revenue Debit Credit 655: Advertising Expense Debit 201: Accounts Payable Debit Credit Balance 302: S. Rey, Withdrawals Debit Credit Balance Balance Date 623: Wages Expense Debit Credit Balance Credit Balance Date 676: Mileage Expense Debit Credit Balance 677: Miscellaneous Expenses Debit Credit Balance Date 684: Repairs Expense-Computer Debit < Required 1 Required 3 > Credit Balance Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a trial balance as of the end of November. BUSINESS SOLUTIONS Cash Accounts receivable Computer supplies Prepaid insurance Prepaid rent Office equipment Computer equipment Accounts payable S. Rey, Capital S. Rey, Withdrawals Computer services revenue Trial Balance November 30 Debit Credit Wages expense Advertising expense Mileage expense Miscellaneous expenses Repairs expense-Computer Totals $ 0 $ 0 < Required 2 Required 3 >