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 $$52,000$ cash, a $$29,000$ computer system, and $$8,000$ of office equipment in the company in exchange for

common stock.

October $2$ The company paid $$3,280$ cash for four months' rent. Hint: Debit Prepaid Rent for $$3,280.$

October $3$ The company purchased $$1,350$ of computer supplies on credit from Harris Office Products.

October $5$ The company paid $$2,100$ cash for one year's premium on a property and liability insurance policy. Hint: Debit Prepaid

Insurance for $$2,100.$

October $6$ The company billed Easy Leasing $$5,000$ for services performed in installing a new Web server.

October $8$ The company paid $$1,350$ 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 $$2,300$ for services performed.

October $15$ The company received $$5,000$ cash from Easy Leasing as partial payment on its account.

October $17$ The company paid $$780$ cash to repair computer equipment that was damaged when moving it$.$

October $20$ The company paid $$1,688$ cash for advertisements.

October $22$ The company received $$2,300$ cash from Easy Leasing on its account.

October $28$ The company billed IFM Company $$6,108$ for services performed.

October $31$ The company paid $$840$ cash for Lyn Addie's wages for seven days' work.

October $31$ The company paid a $$2,700$ cash dividend.

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

November $2$ The company received $$4,733$ cash from Liu Corporation for computer services performed.

November $5$ The company purchased computer supplies for $$1,040$ cash from Harris Office Products.

November $8$ The company billed Gomez Company $$6,168$ 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 $$2,208$ cash from IFM Company as partial payment of the October $28$ bill.

November $22$ The company paid $$230$ cash for miscellaneous expenses. Hint: Debit Miscellaneous Expenses for $$230.$

November $24$ The company completed work and sent a bill for $$4,050$ to Alex's Engineering Company.

November $25$ The company sent another bill to IFM Company for the past$-$due amount of $$3,900.$

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

November $30$ The company paid $$1,680$ cash for Lyn Addie's wages for $14$ days' work.

November $30$ The company paid a $$1,400$ cash dividend.

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.