On October $1,2021,$ Santana Rey launched a computer services company called Business Solutions, which provides consulting

services, computer system installations, and custom program development. The company's initial chart of accounts follows.

October $1$ S $.$ Rey invested $$46,000$ cash, a $$24,000$ computer system, and $$9,000$ of office equipment in the company.

October $2$ The company paid $$3,260$ cash for four months' rent. Hint: Debit Prepaid Rent for $$3,260.$

October $3$ The company purchased $$1,330$ of computer supplies on credit from Harris Office Products.

October $5$ The company paid $$2,220$ cash for one year's premium on a property and liability insurance policy. Hint:

Debit Prepaid Insurance for $$2,220.$

October $6$ The company billed Easy Leasing $$4,900$ for services performed in installing a new Web server.

October $8$ The company paid $$1,330$ cash for the computer supplies purchased from Harris Office Products on October $3.$

October $10$ The company hired Lyn Addie as a part$-$time assistant.

October $12$ The company billed Easy Leasing another $$1,900$ for services performed.

October $15$ The company received $$4,900$ cash from Easy Leasing as partial payment on its account.

October $17$ The company paid $$795$ cash to repair computer equipment that was damaged when moving it$.$

October $20$ The company paid $$1,708$ cash for advertisements.

October $22$ The company received $$1,900$ cash from Easy Leasing on its account.

October $28$ The company billed IFM Company $$5,708$ for services performed.

October $31$ The company paid $$980$ cash for Lyn Addie's wages for seven days' work.

October $31$ S $.$ Rey withdrew $$3,100$ cash from the company for personal use.

November $1$ The company paid $$240$ cash for mileage expenses.

November $2$ The company received $$5,633$ cash from Liu Corporation for computer services performed.

November $5$ The company purchased computer supplies for $$1,095$ cash from Harris Office Products.

November $8$ The company billed Gomez Company $$5,668$ for services performed.

November $13$ The company agreed to perform future services for Alex's Engineering Company. No work has yet been

performed.

November $18$ The company received $$2,008$ cash from IFM Company as partial payment of the October $28$ bill.

November $22$ The company paid $$210$ cash for miscellaneous expenses. Hint: Debit Miscellaneous Expenses for $$210.$

November $24$ The company completed work and sent a bill for $$4,350$ to Alex's Engineering Company.

November $25$ The company sent another bill to IFM Company for the past$-$due amount of $$3,700.$

November $28$ The company paid $$288$ cash for mileage expenses.

November $30$ The company paid $$1,960$ cash for Lyn Addie's wages for $14$ days' work.

November $30$ S $.$ Rey withdrew $$1,100$ cash from the company for personal use.

Required:

Prepare journal entries to record each of the above transactions for Business Solutions.

Prepare ledger accounts $($in balance column format$)$ and post the journal entries from requirement $1$ to them.

Prepare a trial balance as of the end of November.

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