Question: On October 1 , 2 0 2 1 , Santana Rey launched a computer services company, Business Solutions, that is organized as a corporation and
On October 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.
October S Rey invested $ cash, a $ computer system, and $ of office equipment in the company in exchange for its common stock.
October The company purchased $ of computer supplies on credit.
October The company billed Easy Leasing $ for services performed in installing a new web server.
October The company paid $ cash for the computer supplies purchased on credit on october
October The company hired a parttime assistant.
October The company billed Easy Leasing another $ for services performed.
October The company received $ cash from Easy Leasing as partial payment toward its account,
October The company paid $ cash to repair its computer equipment.
October The company paid $ cash for advertisements published on Facebook.
October The company received $ cash from Easy Leasing toward its account.
October The company billed IFM Company $ for services performed.
October The company paid $ cash for the assistant's wages for this month.
October The company paid $ cash in dividends to the owner sole shareholder
Required:
Enter the amount of each transaction on individual items of the accounting equation.
Note: Enter decreases to account balances with a minus sign. Enter as per the transaction order provided in the question data.
couldn't fit the whole chart, but it's the same for all dates
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
