it is all one question combined, please review it and if not pass it on to someone else

No. 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. Account Title Debit Credit 101 Cash $48,552 106.1 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 3, eze e 2,848 e 580 1,989 895 8,200 Credit Debit $48,552 3,020 OOOOOOOOO 2,848 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 307 Common stock 318 Retained earnings 319 Dividends 403 Computer services revenue 413 Sales 414 Sales returns and allowances 580 1,989 895 8,200 $ 320 20,600 1,080 1, 110 660 1,300 74,054 8,160 660 1,300 74,054 8,160 @ @ e 210 Wages payable 236 Unearned computer services revenue 307 Common stock 318 Retained earnings 319 Dividends 403 Computer services revenue 413 Sales 414 Sales returns and allowances 415 Sales discounts 502 Cost of goods sold 612 Depreciation expense-Office equipment 613 Depreciation expense-Computer equipment 623 Wages expense 637 Insurance expense 640 Rent expense 652 Computer supplies expense 655 Advertising expense 676 Mileage expense 677 Miscellaneous expenses 684 Repairs expense-Computer e @ e e 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 said cash to Lyn Addie for five days' work at the rate of $165 per day. Four of the five days 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 $165 per day. Four of the five days relate to wages payable that were accrued in the prior year. 5 Santana Rey invested an additional $23,800 cash in the company in exchange for more common stock. 7 The company purchased $5,900 of merchandise from Kansas Corp. with terms of 1/10, n/30, FOB shipping point, invoice dated January 7. 9 The company received $2,848 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 $5,340, which is the total price of $6,640 less the advance payment of $1,300. The company debited Unearned Computer Services Revenue for $1,300. 13 The company sold merchandise with a retail value of $4,900 and a cost of $3,490 to Liu Corp., invoice dated January 13. 15 The company paid $62e cash for freight charges on the merchandise purchased on January 7. 16 The company received $4,160 cash from Delta Co. for computer services provided 17 The company paid Kansas Corp. for the invoice dat 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. 24 The company returned defective merchandise to Kansas 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 $9,900 of merchandise from Kansas Corp. with terms of 1/10, 1/30, FOB destination, invoice dated January 26. 26 The company sold merchandise with a $4.490 cost for $5.950 on credit to KC. Inc.. invoice dated January 20 the company gave a prace reaction (allowance) OT >/10 CO LIU corp., and creditea Liu S accounts receivable for that amount. 22 The company received the balance due from Liu Corp., net of the discount and the allowance. 24 The company returned defective merchandise to Kansas 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 $9,900 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 $4,490 cost for $5,950 on credit to KC, Inc., invoice dated January 26. 31 The company paid cash to Lyn Addie for 10 days work at $165 per day. Feb 1 The company paid $2,685 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 $460 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 $4,750 cash dividend. 23 The company sold merchandise with a $2,548 cost for $3,388 on credit to Delta Co., invoice dated February 26 The company paid cash to Lyn Addie for eight days work at $165 per day. 27 The company reimbursed Santana Rey $192 cash for business automobile mileage. The company recorded the reimbursement as "Mileage Expense." Mar. 8 The company purchased $2,770 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 $830 cash for minor repairs to the company's computer. 16 The company received $5,310 cash from Dream, Inc., for computing services provided. 19 The company paid the full amount due of $3,880 to Harris Office Products, consisting of amounts created on December 15 (of $1,110) and March 8. 24 The company billed Easy Leasing for $9,157 of computing services provided. The red warranties with a Arct for an artit te wildcat Caruires inunire datad 23. B Net Mar. 8 The company purchased $2,770 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 $83e cash for minor repairs to the company's computer. 16 The company received $5,310 cash from Dream, Inc., for computing services provided. 19 The company paid the full amount due of $3,880 to Harris Office Products, consisting of amounts created on December 15 (of $1,110) and March 8. 24 The company billed Easy Leasing for $9,157 of computing services provided. 25 The company sold merchandise with a $2,862 cost for $2,940 on credit to Wildcat Services, invoice dated March 25. 30 The company sold merchandise with a $1,178 cost for $2,360 on credit to IFM Company, invoice dated March 3e. 31 The company reimbursed Santana Rey $168 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 $2,135. b. Prepaid Insurance coverage of $663 expired during this 3-month period. c. Lyn Addie has not been paid for seven days of work at the rate of $165 per day d. Prepaid rent of $2,685 expired during this 3-month period. e. Depreciation on the computer equipment for January 1 through March 31 is $1,080, f. Depreciation on the office equipment for January 1 through March 31 is $320. g. The March 31 amount of merchandise inventory still available totals $624. Required: 1. Prepare journal entries to record each of the January through March transactions. View transaction list Journal entry worksheet 2 3 4 5 6 7 8 37 > The company paid cash to Lyn Addie for five days' work at the rate of $165 per day. Four of the five days relate to wages payable that were accrued in the prior year. Note: Enter debits before credits. Date General Journal Debit Credit Jan 04 .. Santana Rey invested an additional $23,800 cash in the company in exchange for more common stock. Note: Enter debits before credits. General Journal Debit Credit Date Jan 05 Record entry Clear entry View general journal Journal entry The company completed a five-day project for Alex's Engineering Co. and billed it $5,340, which is the total price of $6,640 less the advance payment of $1,300. The company debited Unearned Computer Services Revenue for $1,300. Note: Enter debits before credits. General Journal Debit Credit Date Jan 11 Record entry Clear entry View general Journal S RE Nevt ..... Record the cost of January 13 sale. Note: Enter debits before credits. Date General Journal Debit Credit Jan 13 Record entry Clear entry View general journal Journal entry worksheet > of 6 Next > 1 ..... 5 6 7 8 9 10 -- 37 The company paid Kansas Corp. for the invoice dated January 7, net of the discount Note: Enter debits before credits. General Journal Debit Credit Date Jan 17 Record entry Clear entry View general journal SO Nyt Journal entry worksheet Required information Journal entry worksheet > Next Journal entry worksheet 1 ..... 14 15 16 17 18 19 37 . The company paid Kansas Corp. for the balance due, net of the cash discount, less the $476 credit from merchandise returned on January 24. Note: Enter debits before credits. Date General Journal Debit Credit Feb 03 Record entry Clear entry View general journal S > Next Required information Journal entry worksheet 1 30 31 32 33 34 35 37 MHR The company sold merchandise with a $1,178 cost for $2,360 on credit to IFM Company, invoice dated March 30. Note: Enter debits before credits. Date General Journal Debit Credit Mar 30 Record entry Clear entry View general Journal Journal entry worksheet 37 33 35 36 34 32 Required 4A Required 4B Prepare an income statement (from the adjusted trial balance in part 3) for the three months ended March 31, 2020. (a) Use a single-step format. List all expenses without differentiating between selling expenses and general and administrative expenses. BUSINESS SOLUTIONS Income Statement For Three Months Ended March 31, 2020 Revenues O Total revenues Expenses expenses. BUSINESS SOLUTIONS Income Statement For Three Months Ended March 31, 2020 Revenues Total revenues Expenses Su Dron > Neyt Total expenses $ 0 Required AA Required 43 > Book Prepare an income statement (from the adjusted trial balance in part 3) for the three months ended March 31, 2020. (b) Use a multiple-step format that begins with gross sales (service revenues plus gross product sales) and includes separate categories for net sales, cost of goods sold, selling expenses, and general and administrative expenses. Categorize the following accounts as selling expenses: Wages Expense, Mileage Expense, and Advertising Expense. Categorize the remaining expenses as general and administrative. Show less I! BUSINESS SOLUTIONS Income Statement For Three Months Ended March 31, 2020 Net sales 0 0 BUSINESS SOLUTIONS Income Statement For Three Months Ended March 31, 2020 0 Net sales 0 0 Expenses Selling expenses 0 Total selling expenses General andar minietrative ananece Expenses Selling expenses Total selling expenses General and administrative expenses 0 Total general and administrative expenses Total expenses 0 ns c Pron Required information 0 Total general and administrative expenses Total expenses 0 /10 CO LIU corp., and creditea Liu S accounts receivable for that amount. 22 The company received the balance due from Liu Corp., net of the discount and the allowance. 24 The company returned defective merchandise to Kansas 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 $9,900 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 $4,490 cost for $5,950 on credit to KC, Inc., invoice dated January 26. 31 The company paid cash to Lyn Addie for 10 days work at $165 per day. Feb 1 The company paid $2,685 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 $460 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 $4,750 cash dividend. 23 The company sold merchandise with a $2,548 cost for $3,388 on credit to Delta Co., invoice dated February 26 The company paid cash to Lyn Addie for eight days work at $165 per day. 27 The company reimbursed Santana Rey $192 cash for business automobile mileage. The company recorded the reimbursement as "Mileage Expense." Mar. 8 The company purchased $2,770 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 $830 cash for minor repairs to the company's computer. 16 The company received $5,310 cash from Dream, Inc., for computing services provided. 19 The company paid the full amount due of $3,880 to Harris Office Products, consisting of amounts created on December 15 (of $1,110) and March 8. 24 The company billed Easy Leasing for $9,157 of computing services provided. The red warranties with a Arct for an artit te wildcat Caruires inunire datad 23. B Net Mar. 8 The company purchased $2,770 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 $83e cash for minor repairs to the company's computer. 16 The company received $5,310 cash from Dream, Inc., for computing services provided. 19 The company paid the full amount due of $3,880 to Harris Office Products, consisting of amounts created on December 15 (of $1,110) and March 8. 24 The company billed Easy Leasing for $9,157 of computing services provided. 25 The company sold merchandise with a $2,862 cost for $2,940 on credit to Wildcat Services, invoice dated March 25. 30 The company sold merchandise with a $1,178 cost for $2,360 on credit to IFM Company, invoice dated March 3e. 31 The company reimbursed Santana Rey $168 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 $2,135. b. Prepaid Insurance coverage of $663 expired during this 3-month period. c. Lyn Addie has not been paid for seven days of work at the rate of $165 per day d. Prepaid rent of $2,685 expired during this 3-month period. e. Depreciation on the computer equipment for January 1 through March 31 is $1,080, f. Depreciation on the office equipment for January 1 through March 31 is $320. g. The March 31 amount of merchandise inventory still available totals $624. Required: 1. Prepare journal entries to record each of the January through March transactions. View transaction list Journal entry worksheet 2 3 4 5 6 7 8 37 > The company paid cash to Lyn Addie for five days' work at the rate of $165 per day. Four of the five days relate to wages payable that were accrued in the prior year. Note: Enter debits before credits. Date General Journal Debit Credit Jan 04 .. Santana Rey invested an additional $23,800 cash in the company in exchange for more common stock. Note: Enter debits before credits. General Journal Debit Credit Date Jan 05 Record entry Clear entry View general journal Journal entry The company completed a five-day project for Alex's Engineering Co. and billed it $5,340, which is the total price of $6,640 less the advance payment of $1,300. The company debited Unearned Computer Services Revenue for $1,300. Note: Enter debits before credits. General Journal Debit Credit Date Jan 11 Record entry Clear entry View general Journal S RE Nevt ..... Record the cost of January 13 sale. Note: Enter debits before credits. Date General Journal Debit Credit Jan 13 Record entry Clear entry View general journal Journal entry worksheet > of 6 Next > 1 ..... 5 6 7 8 9 10 -- 37 The company paid Kansas Corp. for the invoice dated January 7, net of the discount Note: Enter debits before credits. General Journal Debit Credit Date Jan 17 Record entry Clear entry View general journal SO Nyt Journal entry worksheet Required information Journal entry worksheet > Next Journal entry worksheet 1 ..... 14 15 16 17 18 19 37 . The company paid Kansas Corp. for the balance due, net of the cash discount, less the $476 credit from merchandise returned on January 24. Note: Enter debits before credits. Date General Journal Debit Credit Feb 03 Record entry Clear entry View general journal S > Next Required information Journal entry worksheet 1 30 31 32 33 34 35 37 MHR The company sold merchandise with a $1,178 cost for $2,360 on credit to IFM Company, invoice dated March 30. Note: Enter debits before credits. Date General Journal Debit Credit Mar 30 Record entry Clear entry View general Journal Journal entry worksheet 37 33 35 36 34 32 Required 4A Required 4B Prepare an income statement (from the adjusted trial balance in part 3) for the three months ended March 31, 2020. (a) Use a single-step format. List all expenses without differentiating between selling expenses and general and administrative expenses. BUSINESS SOLUTIONS Income Statement For Three Months Ended March 31, 2020 Revenues O Total revenues Expenses expenses. BUSINESS SOLUTIONS Income Statement For Three Months Ended March 31, 2020 Revenues Total revenues Expenses Su Dron > Neyt Total expenses $ 0 Required AA Required 43 > Book Prepare an income statement (from the adjusted trial balance in part 3) for the three months ended March 31, 2020. (b) Use a multiple-step format that begins with gross sales (service revenues plus gross product sales) and includes separate categories for net sales, cost of goods sold, selling expenses, and general and administrative expenses. Categorize the following accounts as selling expenses: Wages Expense, Mileage Expense, and Advertising Expense. Categorize the remaining expenses as general and administrative. Show less I! BUSINESS SOLUTIONS Income Statement For Three Months Ended March 31, 2020 Net sales 0 0 BUSINESS SOLUTIONS Income Statement For Three Months Ended March 31, 2020 0 Net sales 0 0 Expenses Selling expenses 0 Total selling expenses General andar minietrative ananece Expenses Selling expenses Total selling expenses General and administrative expenses 0 Total general and administrative expenses Total expenses 0 ns c Pron Required information 0 Total general and administrative expenses Total expenses 0