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 $48,412 Credit 3,100 2,778 620 1,908 915 8,030 400 Account Title 101.Cash 196.1 Alex's Engineering Co. 106.2 Wildcat Services 106.3 Easy Leasing 186.4 IFM Co. 106.5 Liu Corp. 106.6 Gomez co 1067 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 Bei 5. Rey, Capital 382 5. Rey, withdrawals 403 Computer services revenue 413 Sales 414 Sales returns and allowances 415 Sales discounts 502 Cost of goods sold 612 Depreciation expense-Office equipment Depreciation expense-computer equipment 623 Wages expense 28,980 1,080 1,110 700 1.450 81.923 SO 613 01 302 1,450 6 413 410 415 502 612 613 623 637 640 652 655 676 622 Luter Services Revenue Rey Capital S. Ray, withdrawals Computer services revenue Saturn's 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 Miscellaneous expenses Repairs expense Computer 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 discounts 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 $195 per day. Four of the five days relate to wages payable that were accrued in the prior year. 5 Santana Rey invested an additional $23,400 cash in the company, 7 The company purchased $5,900 of merchandise from Kansas Corp. with terms of 1/10, 1/30, TOB shipping point, invoice dated January 7. 9 The company received $2,778 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 $5,440, which is the total price of $6,89 less the advance payment of $1,450. The company debited Unearned computer Services Revenue for $1,450. 13 The company sold merchandise with a retail value of $4,104 and a cost of $3,480 to Liu Corp., invoice dated January 13. 15 The company paid $678 cash for freight charges on the merchandise purchased on January 16 The company received $4,19e 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 $600 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 $496. 26 The company purchased $9,680 of merchandise from Kansas Corps with terms of 1/10 FOB destination invoice dated January 26, Part 1 of 16.66 pont Sappen Book (deelted accounts payable): The defectivechandise lice cost, net of the discount 26 The company purchased 39,600 of merchandise from Kansas Corp. with teres of 1/1, , Te destination. w 149 26 The company sold merchandise with $4,600 cost for 35,830 on credit to wc, Inc., invece dated January 26 Feb 1 The company paid $2,745 cash to Hillside Kall for another three months rent in advance. The company paid Kansas Corp. for the balance due, met of the cash discount, less the 54% credit from 5 The company paid 1510 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 Santana Roy withdrew 54,770 cash from the company for personal use. 23 The company sold merchandise with a $2,53e cost for $3,250 on credit to Delta Co., invece dated February 23. 26 The company paid cash to Lyn Addie for eight days' work at $175 per day. 27 The company reisbursed Santana Rey 515e for business automobile sileage. The company recorded the reimbursement as "Mileage Expense." Mar. The company purchased $2,820 of computer supplies from Harris Office Products on credit with teres of 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 5960 cash for minor repairs to the company's computer. 16 The company received 35,330 cash from Dream, Inc., for computing services provided 19 The company paid the full amount due of $3,930 to Harris Office Products, consisting of counts created on December 15 (of $1,110) and March 8. 24 The company billed Easy Leasing for 59,247 of computing services provided. 25 The company sold merchandise with a $2,152 cost for $2,880 on credit to Wildcat Services, Invoice dated March 25. 30 The company sold merchandise with a $1,188 cost for $2,410 on credit to IFM Company, invece dated March 30. 31 The company reimbursed Santana Rey 3224 for business automobile mileage. The company recorded the reimbursement as "Mileage Expense. The following additional facts are available for preparing adjustmenon March 31 prior to financial statement, preparation a. The March 31 amount of computer supplies still available totals $2,045. b. Prepaid Insurance coverage of $636 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 $2,745 expired during this 3-month period. e. Depreciation on the computer equipment for January 1 through March 31 is $1.080. 1. Depreciation on the office equipment for January 1 through March 31 is $400 9. The March 31 amount of merchandise inventory still available totals $584. Print References Required: 1. Prepare journal entries to record each of the January through March transactions