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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

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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 S. Rey invested $55,000 cash, a $25,000 computer system, and $9,500 of office equipment in the company in exchange for its common stock. 3 The company purchased $1, 340 of computer supplies on credit from Harris Office Products. 6 The company billed Easy Leasing $5, 400 for services performed in installing a new web server. 8 The company paid $1, 340 cash for the computer supplies purchased from Harris 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 $1, 500 for services performed. 15 The company received $5,400 cash from Easy Leasing as partial payment toward its account. 17 The company paid $775 cash to repair computer equipment damaged when moving it. 20 The company paid $1, 713 cash for advertisements published in the local newspaper. 22 The company received $1, 500 cash from Easy Leasing toward its account. 28 The company billed IFM Company $5,243 for services performed. 31 The company paid $945 cash for Lyn Addie's wages for seven days of work this month. 31 The company paid $3, 100 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 Date Cash Accounts Computer Computer Office Accounts Common Receivable + Rev Supplies System Equipment Payable Stock Dividends Oct. 1 $ 55,000 + $ . 25,000 $ 9,500 + Oct. 3 Bal. 55,000 25 000 o + 9.500 + Oct. 6 + Bal. 55,000 25,000 + o + 9,500 0 + Oct. 8 + Bal 65,000 0 + 25,000 + o + 9,500 = o + o + MacBook Air F2 20 888

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