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On October 1, 2021, Santana Rey launched a computer services company, Business Solutions, that is organized as a proprietorship and provides consulting services, computer system

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On October 1, 2021, Santana Rey launched a computer services company, Business Solutions, that is organized as a proprietorship and provides consulting services, computer system installations, and custom program development. October 1 S. Rey invested $45,000 cash, a $20,000 computer system, and $8,000 of office equipment in the company. October 3 The company purchased $1,420 of computer supplies on credit. October 6 The company billed Easy Leasing $4,800 for services performed in installing a new web server. October 8 The company paid $1,420 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 $1,400 for services performed. October 15 The company received $4,800 cash from Easy Leasing as partial payment toward its account. October 17 The company paid $805 cash to repair its computer equipment. October 20 The company paid $1,728 cash for advertisements published on Facebook. October 22 The company received $1,400 cash from Easy Leasing toward its account. October 28 The company billed IFM Company $5,208 for services performed. October 31 The company paid $875 cash for the assistant's wages for this month. October 31 S. Rey withdrew $3,600 cash from the company for personal use. 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.) Assets Liabilities Equity Date + Cash S. Rey, Accounts Receivable Computer Supplies + + Computer System Office Equipment Accounts Payable S. Rey, Withdrawals + Capital Revenues Expenses $ 45,000 + + + + $ 20,000+ $ $ 8,000 = $ 73,000 + + + + 1,420 + + + October 1 October 3 Balance after October 1 and October 3 October 6 6 Balance after October 6 1,420 + 1,420 + 45,000 + + + 20,000 + + 8,000 1,420 + 73,000 0 + 0 O 4,800+ 4,800 0 4,800 - + + + + + + 1,420 + 20,000 + 8,000 1,420 + 73,000 0 + 4,800 0 October 8 45,000 (1,420) + ) 43,580 + + + + + + = + + 0 Balance after October 8 + 1,420 + 20,000 + 8,000 1,420 + 73,000 0 + 4,800 0 4,800 1,400+ o + + + + + 1,400 - October 12 Balance after October 12 + + 1,420 + 20,000 + 8,000 1,420 + 73,000 0 0 + 6,200 0 0 43,580 4,800 + 48,380 6,200 (4,800) 1,400 + + + = + + + + 1,420 + 20,000 + 8,000 1,420 + 73,000 0 + 6,200 0 October 15 Balance after October 15 October 17 Balance after October 17 October 20 + + + = + + 805 (805) + 47,575 + 1,400 + 1,420 + 20,000 + 8,000 1,420 + 73,000 0 + 6,200 805 (1,728) ol + + + + = + + 1,728 Balance after October 20 45,847 + 1,400 + 1,420 + 20,000 + 8,000 = 1,420 + 73,000 0 + 6,200 2,533 + + = + + October 22 Balance after October 22 October 28 1,400+ 47,247 + 1,420 + 20,000 + 8,000 1,420 + 73,000 0 + 2,533 (1,400) + 0 + 5,208 5,208 + + + + + + 6,200 5,208 11,408 47,247 + + 1,420 + 20,000 + 8,000 1,420 + 73,000 0 + Balance after October 28 October 31 Balance after October 31 + + + + + + (875) 46,372 2,533 875 3,408 + 5,208 + 1,420 + 20,000 + 8,000 = 1,420 + 73,000 0 + 11,408 + + + + + + October 31 Balance after October 31 (3,600) $ 42,772 + $ 5,208 + $ 1,420 + $ 20,000 + $ 8,000 $ 1,420 + $ 73,000 $ 0 + $ 11,408 $ 3,408

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