Serial Problem Business Solutions LO C4, P1 On October 1, 2019, 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 Oct. 1 5. Rey invested 551.000 cash, a 526,000 computer system, and $8,580 of office equipment in the company in exchange for its common stock. 3 The company purchased $1,300 of computer supplies on credit from Harris Office Products 8 The company billed Easy Leasing $5,600 for services performed in installing a new web server. The company paid $1.360 cash for the computer supplies purchased from Harras office Products on October 3. 10 The company hired Lyn Addie as a part time assistant for $135 per day, as needed. 12 The company billed Easy Leasing another $2,200 for services performed 15 The company received $5,600 cash from Easy Leasing as partial payment toward its account 17 The company paid $735 cash to repair computer equipsent damaged when moving it. 20 The company paid $1.548 cash for advertisements published in the local newspaper 22 The company received $2,200 cash from Easy Leasing toward its account 28 The company billed IFM Company $5,238 for services performed 31 The company paid $945 cash for Lyn Addio's wages for seven days of work this month 31 The company paid $2,600 cash in dividends to the Owner (sole shareholder), Required: Enter the amount of each transaction on individual items of the accounting equation Show new balances after each transaction. (Enter decreases to account balances with a minus sign. Enter as per the transaction order provided in the question data.) Assets Liabilities Equity Required: Enter the amount of each transaction on individual items of the accounting equation. Show new balances after each transaction (Enter decreases to account balances with a minus sign. Enter as per the transaction order provided in the question data) Liabilities Equity Date Cash Accounts Receivable Computer Supplies Computer System Office Equipment Accounts Payable Common Stock Dividende Oct 1 Oct 3 Bal Oct 6 0 0 0 0+ 01. 0 0. + Bal 0. 04 0 0 ol 0+ 0 0+ . Oct. 8 01 0 0. 0- 0. 0 0 + . + 0 0. 0 0 0 Dl Oct 10 Bal Oct 12 Bal Oct 15 0 Ol+ O 01- 0+ 0 + 0 0 0+ 01. 0 Bal 0- 0- 0 + Oct 17 Preu 18 Next > NO 10 0 0 10 D Oct 10 Bal Oct 12 0. 011 0. 0+ ol o 0 +10 0 0+ +10 01 -10 HO 0 - -10 10 0 . Oct 15 Bal Oct 17 -0 O. -10 ol O 0 10 o. 0 0 -10 0. 0. O 10 10 0 0 -10 +10 10 10 0 - 10 0 . 0 Oct 20 B Oct 22 Bal Oct 26 . - +0 0+ 0+ -10 10 0 . 0 0 0 0 01. 0 01- 0 0 0 +10 Oct 31 Bal Oct 1 0+ 10 +10 10 03 0 +0 +10 $ $ 10 -10 $ 0- $ 0 $ 5 0 $ O
