80.2K

Verified Solution

Link Copied!

On October 1, 2021, Santana Rey launched a computer services company, Business Solutions, that is organized as a proprietorship and provides consulting services, computer system installations, and custom program development. October 1 Santana Rey invested $48,000 cash, a $23,600 computer systen, and $10,500 of ofice equipment in the conpany. october 3 The conpany purchased $1,410 of computer supplies on credit. October 6 The company billed Easy Leasing $5,700 for services performed in instatling a ned web server. october 8 The company paid $1,410 cash for the computer supplies purchased on credit on october 3. october 10 The company hired a part-tine assistant. October 12 The company billed Easy Leasing another $2,400 for services perforaed. october 15 The conpany received $5,700 cash from Easy Leasing as partial payment toward its account. october 17 The company paid sBee cash to repair its conputer equipment. October 20 The company paid $1,698 cash for advertisements published on Facebook. october 22 The compsny received $2,400 cash from Easy Leasing toward its account. October 28 The company billed IFM Company $5,293 for services performed. October 31 The company paid $1,015 cash for the assistant's wages for this month. october 31 Santana Rey withdrew $3, ,ee cash from the conpany for personat use

Answer & Explanation Solved by verified expert

See Answer