On October 1, 2021, Santane Rey lounched a computer services company colled Business Solutions, which provides consulting services, computer system installations, and custom program development. The compeny's initisl chart of accounts follows. Detober 15 . Rey invested $47, ede cash, a $29, Red computer system, and $8, gee of office equiprent in the company. Detober 2 The conpany paid $3,320 cash for four nonths rent. Hint: Debit Prepaid Rent for $3,390. Detober 3 the conpany purchased $1,36B of conputer supplies on credit fron Harris office Preducts. Dctober 5 the company paid $1,740 cash for one year 5 preniun on a property and liability insurance policy. Hint: Debit Prepaid Insurance for $1,740. Dctober 6 The conpany billed Easy Leasing $5, ege for services perforned in installing a nem Web server. Dctober 8 The company paid $1,36 e cash for the computer supplies purchased from Harris office Products on Dctober 3. October 10 The conpany hired Lyn Addie as a part-tine assistant. October 12 The conpany billed Easy Leasing another \$2, 20e for services perforned. October 15 The conpany received $5,98e cash from Easy Leasing as partial payment on its account. October 17 The conpany paid $76 e cash to repair computer equipnent that was damaged when moving it. October 20 the conpany paid $1,718 cash for advertisements. October 22 The company received $2,280 cash from Easy Leasing on its account. October 28 The company billed IFM Corpany $5,908 for services performed. October 31 The conpany paid \$84e cash for Lyn Addie's wages for seven days" work. October 31 5. Rcy withdrcw $3,208 cash from the company for personal use. Novenber 1 the conpany paid $220 cash for mileage expenses. Novenber 2 the company received $4,933 cash fron Liu Corporation for conputer services performed. Novenber 5 the company purchased computer supplies for $1, ege cash from Harris office Preducts. Novenber 8 the conpany billed Gonez Corpany $6,568 for services performed. Noverber 13 the conpany agreed to perforn future services for Alex's Engineering Conpany. No work has yet been perforned. November 18 the conpany received $2,988 cash from IFM Company as partial paynent of the Octeber 28 bil1. Noverber 22 the conpany paid $190 cash for miscellancous expenses. Hint: Debit Miscellaneous Expenses for $198. Noverber 24 the conpany completed work and sent a bill for $4,558 to Alex's Engineering Company. Noverber 25 the company sent another bill to IFM Company for the past-due ancunt of $3, eae. November 28 the conpany paid $264 cash for mileage expenses. Noverber 30 The company paid $1,68 e cash for Lyn Addie's wages for 14 days' work. November 30 5. Rey withdrew $1,508 cash from the company for personal usc. Required: 1. Prepare joumal entries to record each of the above trensoctions for Business Solutions. 2. Prepore ledger accounts (in bolance column formst) and post the joumal entries from requirement 1 to them. 3. Prepare a trial balance as of the end of November. Complete this question by entering your answers in the tabs below. Prepare journal entries to record each of the above transactions for Business Solutions. (If no entry is required for a transaction/event, select "No joumal entry required" in the first account field.) Note: Enter debits befare credits
