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Required information SP 5 Serial Problem Business Solutions (Algo) LO P1, P2, P3, P4 (The following information applies to the questions displayed below] Santana

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Required information SP 5 Serial Problem Business Solutions (Algo) LO P1, P2, P3, P4 (The following information applies to the questions displayed below] Santana Rey created Business Solutions on October 1, 2021. 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, 2021. 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 Number 101 Cash Account Title Debit $ 48,382 Credit 106.2 106.1 Alex's Engineering Company Wildcat Services 0 0 106.3 Easy Leasing 106.4 IFM Company 3,020 106.5 Liu Corporation 0 106.6 Gomez Company 2,688 106.7 Delta Company 106.8 KC, Incorporated B 106.9 Dream, Incorporated 119 Merchandise inventory B 126 Computer supplies 770 128 Prepaid insurance 1,908 131 Prepaid rent 885 163 Office equipment 8,140 164 Accumulated depreciation-Office equipment $290 167 Computer equipment 21,990 168 Accumulated depreciation-Computer equipment 1,240 201 Accounts payable 1,129 210 Wages payable 660 236 Unearned computer services revenue 1,439 301 S. Rey, Capital 62,953 302 S. Rey, Withdrawals 463 Computer services revenue 413 Sales 414 Sales returns and allowances 415 Sales discounts 502 Cost of goods sold 612 613 623 637 Depreciation expense-Office equipment Depreciation expense-Computer equipment Wages expense Insurance expense

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