On October 1, 2019 Santana Rey launched a computer services company, business solutions that is organized as a proprietor ship and provides consulting services, computer system installations, and custom program development. create a table using the following headlines for columns cash accounts receivable computer supplies computer system office equipment accounts payable S. Ray, capital; S. Ray with draws revenues; and expenses. Then use addition and subtraction's within the table to show the dollar affects for each of the following October transactions for business solutions on the individual items of the accounting equation. Show new balances after each transaction. October. 1. S. Rey invested $45,000 cash a $20,000 computer system in an $8000 of office equipment in the company. 3. The company purchased $1420 of computer supplies on credit from Harris office products. 6. The company build easy leasing $4800 for services performed in installing a new Web server. 8. The company paid $1420 cash for the computer supplies purchase from Harris office products on October 3. 10. The company hired Lynn Adi as a part-time assistant for $125 per day as needed. 12. The company build easy leasing another $1400 for services performed 15. The company received $4800 cash from easy leasing as partial payment towards its account. 17. The company paid $805 cash to repair computer equipment damage when moving it. 20. The company paid $1728 cash for advertisement published in the local newspaper. 22. The company received $1400 cash from easy leasing towards its account. 28. The company build IFM company $5208 for services performed 31. The company paid $875 cash for Lynn Adi's wages for seven days of work this month. 31. S. Ray with Drew $3600 cash from the Company for personal use.
On October 1, 2019 Santana Rey launched a computer services company, business solutions that is organized as a proprietor ship and provides consulting services, computer system installations, and custom program development.
create a table using the following headlines for columns cash accounts receivable computer supplies computer system office equipment accounts payable S. Ray, capital; S. Ray with draws revenues; and expenses. Then use addition and subtraction's within the table to show the dollar affects for each of the following October transactions for business solutions on the individual items of the
October. 1. S. Rey invested $45,000 cash a $20,000 computer system in an $8000 of office equipment in the company.
3. The company purchased $1420 of computer supplies on credit from Harris office products.
6. The company build easy leasing $4800 for services performed in installing a new Web server.
8. The company paid $1420 cash for the computer supplies purchase from Harris office products on October 3.
10. The company hired Lynn Adi as a part-time assistant for $125 per day as needed.
12. The company build easy leasing another $1400 for services performed
15. The company received $4800 cash from easy leasing as partial payment towards its account.
17. The company paid $805 cash to repair computer equipment damage when moving it.
20. The company paid $1728 cash for advertisement published in the local newspaper.
22. The company received $1400 cash from easy leasing towards its account.
28. The company build IFM company $5208 for services performed
31. The company paid $875 cash for Lynn Adi's wages for seven days of work this month.
31. S. Ray with Drew $3600 cash from the Company for personal use.
ending balances: cash, $42,772; revenues, $11,408; expenses, $3408.
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