HELLO PLZ MAKE A JOURNAL ENTRY, THAN A 6 COLUM WORKSHEET, AN INCOME STATMENT AND CLASSIFIED BLAANCE SHEET THANK YOU

Required information [The following information applies to the questions displayed below.) Santana Rey created Business Solutions on October 1, 2019. 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, 2019. 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. Debit $48, 442 Credit in in N Pooooooooooo O COD O on COW 00 $ 350 21,400 No. Account Title 101 Cash 106.1 Alex's Engineering Co. 106.2 Wildcat Services 106.3 Easy Leasing 106.4 IFM Co. 106.5 Liu Corp. 106.6 Gomez Co. 106.7 Delta Co. 106.8 KC, Inc. 106.9 Dream, Inc. 119 Merchandise inventory 126 Computer supplies 128 Prepaid insurance 131 Prepaid rent 163 Office equipment 164 Accumulated depreciation-office equipment 167 Computer equipment 168 Accumulated depreciation-Computer equipment 201 Accounts payable 210 Wages payable 236 Unearned computer services revenue Common stock 318 Retained earnings Retained Dividends Computer services revenue Sales Sales returns and allowances Sales discounts Cost of goods sold Depreciation expense-Office equipment 613 Depreciation expense-Computer equipment 623 Wages expense Insurance expense 640 Rent expense 652 Computer supplies expense 655 Advertising expense 1 Ho OOO OOO OO 319 # Nin OOOOOOOOOOO 1 655 676 677 684 PELAYU Advertising expense Mileage expense Miscellaneous expenses Repairs expense-Computer oooot 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: Jan. 4 The company paid cash to Lyn Addie for five days' work at the rate of $175 per day. Four of the five days relate to wages payable that were accrued in the prior year. 5 Santana Rey invested an additional $23,200 cash in the company in exchange for more common stock. 7 The company purchased $7,000 of merchandise from Kansas Corp. with terms of 1/10, n/30, FOB shipping point, invoice dated January 7. 9 The company received $2,758 cash from Gomez Co. as full payment on its account. 11 The company completed a five-day project for Alex's Engineering Co. and billed it $5,360, which is the total price of $6,770 less the advance payment of $1,410. The company debited Unearned Computer Services Revenue for $1,410. 13 The company sold merchandise with a retail value of $4,500 and a cost of $3,480 to Liu Corp., invoice dated January 13. 15 The company paid $620 cash for freight charges on the merchandise purchased on January 7. ceived $4,110 cash from Delta Co. for computer services provided. 17 The company paid Kansas Corp. for the invoice dated January 7, net of the discount. 20 The company gave a price reduction (allowance) of $700 to Liu Corp., and credited Liu's accounts receivable for that amount. 22 The company received the balance due from Liu Corp., net of the discount and the allowance. sas Corp. and accepted a credit against future purchases (debited accounts payable). The defective merchandise invoice cost, net of the discount, was $476. 26 The company purchased $9,300 of merchandise from Kansas Corp. with terms of 1/10, n/30, FOB destination, invoice dated January 26. 26 The company sold merchandise with a $4,610 cost for $5,940 on credit to KC, Inc., invoice dated January 26. 31 The company paid cash to Lyn Addie for 10 days' work at $175 per day. Feb. 1 The company paid $2,565 cash to Hillside Mall for another three months' rent in advance. 3 The company paid Kansas Corp. for the balance due, net of the cash discount, less the $476 credit from merchandise returned on January 24. 5 The company paid $580 cash to Facebook for an advertisement to appear on February 5 only. 11 The company received the balance due from Alex's Engineering Co. for fees billed on January 11. 15 The company paid a $4,720 cash dividend. 23 The company sold merchandise with a $2,530 cost for $3,420 on credit to Delta Co., invoice dated February 23. 26 The company paid cash to Lyn Addie for eight days' work at $175 per day. 27 The company reimbursed Santana Rey $96 cash for business automobile mileage. The company recorded the reimbursement as "Mileage Expense." Mar. 8 The company purchased $2,920 of computer supplies from Harris Office Products on credit with terms of n/30, FOB destination, invoice dated March 8. 9 The company received the balance due from Delta Co. for merchandise sold on February 23. 11 The company paid $900 cash for minor repairs to the company's computer. 16. The comnany received $5.330 cash from Dream. Inc.. for computing services provided. 6. Prepare a classified balance sheet (from the adjusted trial balance) as of March 31, 2020. BUSINESS SOLUTIONS Balance Sheet March 31, 2020 Assets Current assets Total current assets Plant assets Office Equipment, net Computer equipment, net Total plant assets Total assets Liabilities Current liabilities Equity Total equity Total liabilities and equity 3. Prepare a 6-column work sheet that includes the unadjusted trial balance, the March 31 adjustments (a) through (g), and the adjusted trial balance. Do not prepare closing entries and do not journalize the adjustments or post them to the ledger. BUSINESS SOLUTIONS Partial Work Sheet March 31, 2020 Unadjusted Trial Balance Dr. Cr. Adjustments Dr. Cr. Adjusted Trial Balance Dr. Cr. No. Account Title 101 Cash 106.1 Alex's Engineering Co. 106.2 Wildcat Services 106.3 Easy Leasing 106.4 IFM Co. 106.5 Liu Corp. 106.6 Gomez Co. 106.7 Delta Co. 106.8 KC, Inc. 106.9 Dream, Inc. 119 Merchandise inventory 126 Computer supplies 128 Prepaid insurance 131 Prepaid rent 163 Office equipment 164 Accumulated depreciationOffice equipment 167 Computer equipment 168 Accumulated depreciationComputer equipment 201 Accounts payable 210 Wages payable Unearned computer services revenue 307 Common stock Retained earnings 319 Dividends 403 Computer services revenue 413 Sales 236 luneare 318 307 318 319 403 413 414 415 502 612 613 623 637 640 652 655 676 677 684 Common stock Retained earnings Dividends Computer services revenue Sales Sales returns and allowances Sales discounts Cost of goods sold Depreciation expense-Office equipment Depreciation expenseComputer equipment Wages expense Insurance expense Rent expense Computer supplies expense Advertising expense Mileage expense Miscellaneous expenses Repairs expense-Computer Totals 0000000 9 The company received the balance aue Irom Delta Lo. TOP Merchandise Bold on February 23. 11 The company paid $900 cash for minor repairs to the company's computer. 16 The company received $5,330 cash from Dream, Inc., for computing services provided. 19 The company paid the full amount due of $4,020 to Harris Office Products, consisting of amounts created on December 15 (of $1,100) and March 8. 24 The company billed Easy Leasing for $9,187 of computing services provided. 25 The company sold merchandise with a $2,092 cost for $2,980 on credit to Wildcat Services, invoice dated March 25. 30 The company sold merchandise with a $1,138 cost for $2,230 on credit to IFM Company, invoice dated March 30. 31 The company reimbursed Santana Rey $160 cash for business automobile mileage. The company recorded the reimbursement as "Mileage Expense." The following additional facts are available for preparing adjustments on March 31 prior to financial statement preparation: a. The March 31 amount of computer supplies still available totals $2,065. b. Prepaid Insurance coverage of $627 expired during this 3-month period. c. Lyn Addie has not been paid for seven days of work at the rate of $175 per day. d. Prepaid rent of $2,565 expired during this 3-month period. e. Depreciation on the computer equipment for January 1 through March 31 is $1,120. f. Depreciation on the office equipment for January 1 through March 31 is $350. g. The March 31 amount of merchandise inventory still available totals $514. Required: 1. Prepare journal entries to record each of the January through March transactions