Februsantana Rey created Business Solutions on October $1,2020.$ The company has been successful, and its list of customers has grown. To accommodate the growth, the accounting system is modified to set up separate accounts for each customer. The following chart of accounts includes the account number used for each account and any balance as of December $31,2020.$ Santana Rey decided to add a fourth digit with a decimal point to the $106$ account number that had been used for the single Accounts Receivable account. This change allows the company to continue using the existing chart of accounts.

$101$ Cash $ $48,482$

$106\mathrm{.}1$ Alex$$s Engineering Company $0$

$106\mathrm{.}2$ Wildcat Services $0$

$106\mathrm{.}3$ Easy Leasing $0$

$106\mathrm{.}4$ IFM Company $3,070$

$106\mathrm{.}5$ Liu Corporation $0$

$106\mathrm{.}6$ Gomez Company $2,728$

$106\mathrm{.}7$ Delta Company $0$

$106\mathrm{.}8$ KC$,$ Incorporated $0$

$106\mathrm{.}9$ Dream, Incorporated $0$

$119$ Merchandise inventory $0$

$126$ Computer supplies $630$

$128$ Prepaid insurance $1,935$

$131$ Prepaid rent $855$

$163$ Office equipment $8,130$

$164$ Accumulated depreciation$$Office equipment $ $300$

$167$ Computer equipment $21,400$

$168$ Accumulated depreciation$$Computer equipment $1,240$

$201$ Accounts payable $1,220$

$210$ Wages payable $980$

$236$ Unearned computer services revenue $1,450$

$307$ Common stock $73,980$

$318$ Retained earnings $8,060$

$319$ Dividends $0$

$403$ Computer services revenue $0$

$413$ Sales $0$

$414$ Sales returns and allowances $0$

$415$ Sales discounts $0$

$502$ Cost of goods sold $0$

$612$ Depreciation expense$$Office equipment $0$

$613$ Depreciation expense$$Computer equipment $0$

$623$ Wages expense $0$

$637$ Insurance expense $0$

$640$ Rent expense $0$

$652$ Computer supplies expense $0$

$655$ Advertising expense $0$

$676$ Mileage expense $0$

$677$ Miscellaneous expenses $0$

$684$ Repairs expense$$Computer $0$

In response to requests from customers, S$.$ Rey will begin selling computer software. The company will extend credit terms of $1/10,$ n$/30,$ FOB shipping point, to all customers who purchase this merchandise. However, no cash discount is available on consulting fees. Additional accounts $($Nos$.119,413,414,415,$ and $502)$ are added to its general ledger to accommodate the company$$s new merchandising activities. Its transactions for January through March follow.

January $4$ The company paid cash to Lyn Addie for five days$$ work at the rate of $$245$ per day. Four of the five days relate to wages payable that were accrued in the prior year.

January $5$ Santana Rey invested an additional $$23,300$ cash in the company in exchange for more common stock.

January $7$ The company purchased $$6,700$ of merchandise from Kansas Corporation with terms of $1/10,$ n$/30,$ FOB shipping point, invoice dated January $7.$

January $9$ The company received $$2,728$ cash from Gomez Company as full payment on its account.

January $11$ The company completed a five$-$day project for Alex$$s Engineering Company and billed it $$5,460,$ which is the total price of $$6,910$ less the advance payment of $$1,450.$ The company debited Unearned Computer Services Revenue for $$1,450.$

January $13$ The company sold merchandise with a retail value of $$5,000$ and a cost of $$3,510$ to Liu Corporation, invoice dated January $13.$

January $15$ The company paid $$610$ cash for freight charges on the merchandise purchased on January $7.$

January $16$ The company received $$4,020$ cash from Delta Company for computer services provided.

January $17$ The company paid Kansas Corporation for the invoice dated January $7,$ net of the discount.

January $20$ The company gave a price reduction $($allowance$)$ of $$500$ to Liu Corporation and credited Liu's accounts receivable for that amount.

January $22$ The company received the balance due from Liu Corporation, net of the discount and the allowance.

January $24$ The company returned defective merchandise to Kansas Corporation and accepted a credit against future purchases $($debited accounts payable$).$ The defective merchandise invoice cost, net of the discount, was $$486.$

January $26$ The company purchased $$9,300$ of merchandise from Kansas Corporation with terms of $1/10,$ n$/30,$ FOB destination, invoice dated January $26.$

January $26$ The company sold merchandise with a $$4,570$ cost for $$5,820$ on credit to KC$,$ Incorporated, invoice dated January $26.$

January $31$ The company paid cash to Lyn Addie for $10$ days$$ work at $$245$ per day.

February $1$ The company paid $$2,565$ cash to Hillside Mall for another three months$$ rent in advance.

February $3$ The company paid Kansas Corporation for the balance due, net of the cash discount, less the $$486$ credit from merchandise returned on January $24.$

February $5$ The company paid $$460$ cash to Facebook for an advertisement to appear on February $5$ only.

February $11$ The company received the balance due from Alex$$s Engineering Company for fees billed on January $11.$

February $15$ The company paid a $$4,660$ cash dividend.

February $23$ The company sold merchandise with a $$2,650$ cost for $$3,360$ on credit to Delta Company, invoice dated February $23.$

February $26$ The company paid cash to Lyn Addie for eight days$$ work at $$245$ per day.