Jan.		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.
		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 $2,738 cash from Gomez Co. as full payment on its account.
		11		The company completed a five-day project for Alexs Engineering Co. and billed it $5,330, which is the total price of $6,770 less the advance payment of $1,440. The company debited Unearned Computer Services Revenue for $1,440.
		13		The company sold merchandise with a retail value of $4,200 and a cost of $3,370 to Liu Corp., invoice dated January 13.
		15		The company paid $750 cash for freight charges on the merchandise purchased on January 7.
		16		The company received $4,050 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.
		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 $486.
		26		The company purchased $9,200 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 $4,590 cost for $5,840 on credit to KC, Inc., invoice dated January 26.
		31		The company paid cash to Lyn Addie for 10 days work at $245 per day.
Feb.		1		The company paid $2,655 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 $486 credit from merchandise returned on January 24.
		5		The company paid $450 cash to Facebook for an advertisement to appear on February 5 only.
		11		The company received the balance due from Alexs Engineering Co. for fees billed on January 11.
		15		The company paid a $4,730 cash dividend.
		23		The company sold merchandise with a $2,540 cost for $3,320 on credit to Delta Co., invoice dated February 23.
		26		The company paid cash to Lyn Addie for eight days work at $245 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 $930 cash for minor repairs to the companys computer.
		16		The company received $5,380 cash from Dream, Inc., for computing services provided.
		19		The company paid the full amount due of $4,180 to Harris Office Products, consisting of amounts created on December 15 (of $1,260) and March 8.
		24		The company billed Easy Leasing for $9,177 of computing services provided.
		25		The company sold merchandise with a $2,022 cost for $2,890 on credit to Wildcat Services, invoice dated March 25.
		30		The company sold merchandise with a $1,078 cost for $2,290 on credit to IFM Company, invoice dated March 30.
		31		The company reimbursed Santana Rey $64 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:

1. The March 31 amount of computer supplies still available totals $2,055.
2. Prepaid Insurance coverage of $708 expired during this 3-month period.
3. Lyn Addie has not been paid for seven days of work at the rate of $245 per day.
4. Prepaid rent of $2,655 expired during this 3-month period.
5. Depreciation on the computer equipment for January 1 through March 31 is $1,240.
6. Depreciation on the office equipment for January 1 through March 31 is $250.
7. The March 31 amount of merchandise inventory still available totals $624.

Prepare journal entries to record each of the January through March transactions.

Date	General Journal	Debit	Credit
Jan 04