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. Prepare journal entries to record each of the above transactions for Business Solutions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Note: Enter debits before credits. 1 S. Rey invested $50,000 cash, a $24,000 computer system, and $9,000 of office equipment in the company in exchange for common stock. 2 The company paid $3,260 cash for four months' rent. 3 The company purchased 51,360 of computer supplies on credit from Harris Office Products. 4 The company paid $1,620 cash for one year's premium on a property and liability insurance policy. 5 The company billed Easy Leasing $5,300 for services performed in installing a new Web server. 6 The company paid $1,360 cash for the computer supplies purchased from Harris Office Products on October 3. 7 The company hired Lyn Addie as a part-time assistant. 8 The company billed Easy Leasing another $1,900 for services performed. 9 The company received $5,300 cash from Easy Leasing as partial payment on its account. 10 The company paid $790 cash to repair computer equipment that was damaged when moving it. 11 The company paid $1,728 cash for advertisements. Note : = journal entry has been entered 12 The company received $1,900 cash from Easy Leasing on its account. 13 The company billed IFM Company $6,008 for services performed. 14 The company paid $980 cash for Lyn Addie's vages for seven days' work. 15 The company paid a $3,000 cash dividend. 16 The company paid $300 cash for mileage expenses. 17 The company received $5,133 cash from Liu Corporation for computer services performed. 18 The company purchased computer supplies for $1,105 cash from Harris Office Products. 19 The company billed Gomez Company $5,968 for services performed. 20 The company agreed to perform future services for Alex's Engineering Company. No work has yet been performed. 21 The company received $2,208 cash from IFM Company as partial payment of the October 28 bill. 22 The company paid $250 cash for miscellaneous expenses. 22 The company paid $250 cash for miscellaneous expenses. 23 The company completed work and sent a bill for $4,250 to Alex's Engineering Company. 24 The company sent another bill to IFM Company for the past-due amount of $3,800. 25 The company paid $360 cash for mileage expenses. 26 The company paid $1,960 cash for Lyn Addie's wages for 14 days' work. 27 The company paid a $1,200 cash dividend. st the journal entries from requirement 1 to them. \begin{tabular}{|c|c|c|c|} \hline \multicolumn{3}{|c|}{ 403: Computer Services Revenue } \\ \hline Date & Debit & Credit & Balance \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & 655: Advertising Expense & \\ \hline Date & Debit & Credit & Balance \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline \multicolumn{1}{|c|}{ BUSINESS SOLUTIONS } \\ \hline & Trial Balance \\ \hline & November 30 \\ \hline Cash & Crebit \\ \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 Milleage expense \\ \hline Miscellaneous expenses \\ \hline Repairs expense-Computer \\ \hline \end{tabular}