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On October 1, 2021, Santana Rey launched a computer services company, Business Solutions, that is organized as a corporation and provides consulting services, computer
On October 1, 2021, Santana Rey launched a computer services company, Business Solutions, that is organized as a corporation and provides consulting services, computer system installations, and custom program development. October 1 S. Rey invested $49,000 cash, a $26,000 computer system, and $9,000 of office equipment in the company in exchange for its common stock. October 3 The company purchased $1,320 of computer supplies on credit. October 6 The company billed Easy Leasing $5,100 for services performed in installing a new web server. October The company paid $1,320 cash for the computer supplies purchased on credit on October 3. October 10 The company hired a part-time assistant. October 12 The company billed Easy Leasing another $1,600 for services performed. October 15 The company received $5,100 cash from Easy Leasing as partial payment toward its account. October 17 The company paid $735 cash to repair its computer equipment. October 20 The company paid $1,668 cash for advertisements published on Facebook.. October 22 The company received $1,600 cash from Easy Leasing toward ita account. October 28 The company billed IFM Company $5,298 for services performed. October 31 The company paid $945 cash for the assistant's wages for this month. October 31 The company paid $3,300 cash in dividends to the owner (sole shareholder). Required: Enter the amount of each transaction on individual items of the accounting equation. (Enter decreases to account balances with a minus sign. Enter as per the transaction order provided in the question data.) October 1 Date Assets Cash Accounts Receivable Computer Supplies Computer System Office Equipment Liabilities Accounts Payable Common Stock Dividends
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