Question

Post the journal entries into ledger, please show all work

Accounting 2140 - Comprehensive Problem On October 1, 2019, Santana Rey launched a computer services company called Business Solutions, which provides consulting services, computer system installations, and custom program development. Rey adopts the calendar year for reporting purposes and expects to prepare the company's first set of financial statements on December 31, 2019. After the success of the company's first two months, Santana Rey continues to operate Business Solutions. The November 30, 2019, unadjusted trial balance of Business Solutions (reflecting its transactions for October and November of 2019) follows. No. Credit 101 106 126 Debit $ 38,364 12,718 2.645 1,860 3,080 8.900 128 131 163 164 167 168 201 21,600 67,000 236 307 318 319 403 Account Title Cash Accounts receivable Computer supplies Prepaid insurance Prepaid rent Office equipment Accumulated depreciation Office equipment Computer equipment Accumulated depreciation-Computer equipment Accounts payable Wages payable Unearned computer services revenue Common stock Retained earnings Dividends Computer services revenue Depreciation expense-Office equipment Depreciation expense-Computer equipment Wages expense Insurance expense Rent expense Computer supplies expense Advertising expense Mileage expense Miscellaneous expenses Repairs expense-Computer Totals 6,300 33,914 612 613 623 2,150 637 640 652 655 676 677 684 1,668 654 230 745 $100.914 $100.914 Business Solutions had the following transactions and events in December 2019 Dec. 14 15 Paid $930 cash to Hillside Mall for Business Solutions' share of mail advertising costs Paid $450 cash for minor repairs to the company's computer. Received $4,350 cash from Alex's Engineering Co. for the receivable from November Paid cash to Lyn Addie for six days of work at the rate of $115 per day. Notified by Alex's Engineering Co that Business Solutions' bid of $7,500 on a proposed project has been accepted. Alex's paid a $1,600 cash advance to Business Solutions Purchased $1,900 of computer supplies on credit from Harris Office Products Sent a reminder to Gomez Co, to pay the fee for services recorded on November 8. Completed a project for Liu Corporation and received $6.225 cash. Took the week off for the holidays. Received $3,400 cash from Gomez Co. on its receivable. Reimbursed S. Rey for business automobile mileage (500 miles at $0.30 per mile). The company paid $1,100 cash in dividends. 22-26 28 29 31

Answer 1

101.Cash
Date	Particulars	Debit ($)	Date	Particulars	Credit($)
2019			2019
Dec-01	To Opening Balance	38,364	Dec-02	By Advertising expense	930
4	To Accounts receivables (Alex's Engineering Co.)	4,350	3	By Repairs expense- computer	450
14	To Unearned Computer Services Revenue (Alex's Engineering Co.)	1,600	10	By Wages expense	690
20	To Computer Services Revenue (Liu Corporation)	6,225	29	By Mileage expense	150
28	To Accounts receivables (Gomez Co.)	3,400	31	By Dividends	1100
			31	By Balance c/d	50,619
		53,939			53,939
655. Advertising Expense
Date	Particulars	Debit ($)	Date	Particulars	Credit($)
2019			2019
Dec-01	To Opening Balance	1,668	Dec
2	To Cash	930	31	By Profit & Loss Account	2,598
		2,598			2,598
684. Repairs expense-computer
Date	Particulars	Debit ($)	Date	Particulars	Credit($)
2019			2019
Dec-01	To Opening Balance	745	Dec
3	To Cash	450	31	By Profit & Loss Account	1195
		1,195			1,195
106. Accounts receivable
Date	Particulars	Debit ($)	Date	Particulars	Credit($)
2019			2019
Dec-01	To Opening Balance	12718	Dec-04	By Cash (Alex's Engineering Co.)	4350
			28	By Cash (Gomez Co.)	3400
			31	By Balance c/d	4968
		12,718			12,718
623. Wages expense
Date	Particulars	Debit ($)	Date	Particulars	Credit($)
2019			2019
Dec-01	To Opening Balance	2150	Dec
10	To Cash	690	31	By Profit & Loss Account	2,840
		2,840			2,840
236. Unearned Computer Services Revenue
Date	Particulars	Debit ($)	Date	Particulars	Credit($)
2019			2019
Dec-31	To Balance c/d	1600	Dec-14	By Cash (Alex's Engineering Co.)	1600
126. Computer Supplies
Date	Particulars	Debit ($)	Date	Particulars	Credit($)
2019			2019
Dec-01	To Opening Balance	2645	Dec-31	By Balance c/d	4545
15	To Accounts Payable (Harris Office Products)	1900
		4,545			4,545
201. Accounts Payable
Date	Particulars	Debit ($)	Date	Particulars	Credit($)
2019			2019
Dec-31	To Balance c/d	1,900	Dec-15	By Computer Supplies(Harris Office Products)	1,900
403. Computer Services Revenue
Date	Particulars	Debit ($)	Date	Particulars	Credit($)
2019			2019
Dec			Dec-01	By Opening Balance	33914
31	To Profit & Loss Account	40,139	20	Cash (Liu Corporation)	6225
		40,139			40,139
676. Mileage expense
Date	Particulars	Debit ($)	Date	Particulars	Credit($)
2019			2019
Dec-29	To Cash ( S. Rey)	150	Dec-31	By Profit & Loss Account	150
		150			150
319. Dividends
Date	Particulars	Debit ($)	Date	Particulars	Credit($)
2019			2019
Dec-01	Opening Balance	6300	Dec-31	By Profit & Loss Account	7400
31	To Cash	1100