Required information [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 Credit Debit $ 48,552 0 0 0 3,040 0 2,828 0 0 0 0 710 1,935 905 8,150 $ 220 20,900 Number 101 106.1 106.2 106.3 106.4 106.5 106.6 106.7 106.8 106.9 119 126 128 131 163 164 167 168 201 210 236 301 302 403 413 414 415 502 612 613 623 637 640 652 655 676 Account Title Cash Alex's Engineering Company Wildcat Services Easy Leasing IFM Company Liu Corporation Gomez Company Delta Company KC, Incorporated Dream, Incorporated Merchandise inventory Computer supplies Prepaid insurance Prepaid rent Office equipment Accumulated depreciation-office equipment Computer equipment Accumulated depreciation-Computer equipment Accounts payable Wages payable Unearned computer services revenue S. Rey, Capital S. Rey, Withdrawals Computer services revenue Sales Sales returns and allowances Sales discounts Cost of goods sold Depreciation expense-Office equipment Depreciation expense-Computer equipment Wages expense Insurance expense Rent expense Computer supplies expense Advertising expense Mileage expense 1,130 1,100 700 1,390 82,480 O 0 OOO 0 0 0 0 0 0 0 0 676 677 684 Mileage expense Miscellaneous expenses Repairs expense-Computer 0 0 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 $175 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 $23,700 cash in the company. January 7 The company purchased $6,100 of merchandise from Kansas Corporation with terms of 1/10, 1/30, POB shipping point, invoice dated January 7. January 9 The company received $2,628 cash from Gomez Company as full payment on its account. January 11 The company completed a five-day project for Alex's Ingineering Company and billed it $5.490, which is the total price of $6,880 less the advance payment of $1,390. The company debited Unearned Computer Services Revenue for $1,390. January 13 The company sold merchandise with a retail value of $4,500 and a cost of $3,450 to Liu Corporation, invoice dated January 13. January 15 The company paid $760 cash for freight chargou on the merchandise purchased on January 1. January 16 The company received $4,010 cash from Delta Company for computer services provided. January 17 The company paid Kannan Corporation for the invoice dated January 7, net of the discount. January 20 The company gave a price reduction (allowance) of $400 to Liu Corporation and credited Lia'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 5486. January 26 The company purchased $9,300 of merchandise from Kansas Corporation with terms of 1/10, 1/30, POR destination, invoice dated January 26. January 26 The company wold merchandise with a $4.550 cont for $5,860 on credit to xc, Incorporated, invoice dated January 26. January 31 The company paid cash to Tyn Addie for 10 days work at $175 per day. February 1 The company paid $2,715 cash to Hillside Mall for another three months' rent in advance. February 1 The company paid $2,715 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 $490 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 S. Rey withdrew $4,790 cash from the company for personal use. February 23 The company sold merchandise with a $2,490 cost for $3,200 on credit to Delta Company, invoice dated February 23. February 26 The company paid cash to Lyn Addie for eight days' work at $175 per day. February 27 The company reimbursed Santana Rey $256 cash for business automobile mileage. The company recorded the reimbursement as Mileage Expense. March 8 The company purchased $2,770 of computer supplies from Harris Office Products on credit with terms of n/30, POB destination, invoice dated March 8. March 9 The company received the balance due from Delta Company for merchandise sold on Pebruary 23. March 11 The company paid $900 cash for minor repairs to the company's computer. March 16 The company received $5,380 cash from Dream, Incorporated, for computing services provided. March 19 The company paid the full amount due of $3,870 to Harris Office Products, consisting of amounts created on December 15 (of $1,100) and March 8. March 24 The company billed Easy Leasing for $9,167 of computing services provided. March 25 The company sold merchandise with a $2.082 cost for $2,990 on credit to Wildcat Services, Invoice dated March 25. March 30 The company sold merchandise with a $1,188 cost for $2.280 on credit to ITM Company, invoice dated March 30. March 31 The company reimbursed Santana Rey 696 cash for business automobile mileage. The company recorded the reimbursement a "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 $2,005. b. Prepaid Insurance coverage of $645 expired during this three-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 $2,715 expired during this three-month period. e. Depreciation on the computer equipment for January 1 through March 31 is $1130 f. Depreciation on the office equipment for January 1 through March 31 is $220. g. The March 31 amount of merchandise inventory still available totals $614, Required: 1. Prepare journal entries to record each of the January through March transactions