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Santana Rey created Business Solutions on October 1, 2016. The company has been successful and its list of customers has grown. To accommodate the growth,

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Santana Rey created Business Solutions on October 1, 2016. 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 charge allows the company to continue using the existing chart of accounts Credit Debit $43, 272 0 0 3. 0 2.0 0 0 9 580 1,665 825 8,200 $ 400 20,000 No Account Title 101 Cash 106.1 Alex's Engineering Co. 106.2 Wildcat Services 106.3 Easy Leasing 106.4 IPM Co 100.5 L Corp 105.6 Gomez Co. 106.7 Delta Co 106.8 kc, THC 100.9 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-Computerpent 201 Accounts payable 210 Wages payable 236 Unearned computer services revenue 381 S. Rey, Capital 302 S. Rey, Withdrawal 483 Computer services revenue 413 Sales 414 Sales returns and allowances 415 Sales discounts 582 Cost of goods sold 612 Depreciation expense-Office equipment 613 Depreciation expense-Computer equipment 623 Wages expetise 637 Insurance expense 540 Rent expense S2 Computer supplies expense 655 Advertising experte 676 Mileage expense 677 Miscellaneous expenses 684 Repairs expense-Computer 1,250 1.100 500 1,500 20,30 In response to requests from customers. S. Rey will begin selling computer software. The company will extend credit torms of 1/10 n/30, FOB shipping point to customers who purchase the merchandise. However, no cash discounts available on consulting fees. Additional accounts (Nos. 119413 414 415 and 502 are added to general ledger to accommodate the company's new merchandising activities. Ils transactions for January through March follow Jan 4 The company paid cash to Lyn Addie for five days work at the rate of $125 per day. Four of the five days relate to wage payable that we acero in the prior year 5 Santana Rey inwested an additional $25,00 cash in the company 7 The company purchased $5,800 of dise from Kansas Corp. ich terms of 1/10, 1/30, Foshipping point, invoice dated January 7 The company received $2.668 cash from Cow Co as full payment outs account 11 The company completed a fide project for Alex's Engineering and billed it SS, 500, which is the total price of 57,000 as the advance payent of $1. See. The company dated neared Computer Services Revenue for $1.500 13 The company sold merchandise with a real value of $5,200 and cost of $3,500 to Liu Corp dated January 13 2. The company paid cash for freight charges on the merchandise purchased on January 16 The company received $4,000 crom Deltaco for computer services provided 17 The company palkansas corpori che vede sted Mary 7, net of the discount 20 The company prior action allowance or $530 to L Corp and credited accounts receivable for that wount 22 The company received the balance de fron 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 $490 26. The company purchased $9,000 of merchandise from Kansas Corp: with terms of 1/10, 130, FOB destination, invoice dated January 26 25 The company sold merchandise with a $4,640 cost for $5,800 on credit to KC, Inc., invoice dated January 26 31 The company paid cash to Lyn Addie for 10 days work at $123 per day Feb 1 The company paid $2,475 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 196 credit from merchandise returned on January 24 5 The company paid $600 cash to Facebook for an advertisement to appear on February 5 only 11 The company received the balance de fron Alex's Brineering Co for fees billed on January 11 15 Santa Roy withdrew $4,000 cash from the company for personal use. 23 The company sold wrchandise with a $2,666.com for $9.220 on credit to Deltaco, invoice dated February 23 26. The company paid cash to Lyn Adie for eight days work at $125 per day 27 The company reimbursed Santana Rey $192 for business automobile mileage. The company recorded the reimbursement as Mileage Expense Mar The company purchased $2,730 of computer supplies from fatis Office Products on credit with terms of 1/30, FB destination, imvoice dated March 8 9 The company received the balance de from Deltaco for merchandise sold on February 23 11 The company paid $500 cash for minor repairs to the company's computer 16 The company received 5,260 cash from Dream, Inc, for computing services provided 19 The company paid the full amount doe of $3,630 to Harris Office Products, consisting of mounts created on December 15 (of $1,100) and March 8 24 The company billed Easy Leasing for $9,017 of computing services provided 25 The company told merchandise with a 59,007 cost for $2.800 on credit to Wat Services, Invoice dated March 25 30 The company sold merchandise with a $1,040 cost for $2,220 on credit to ITM Company, invoicedited March 30 31 The company reimbursed Santana Rey $121 for business automobile lege. The company recorded the reimbursement as iles Expense The following additional facts are available for prepare adjustments on March 31 prior to financial statement preparations a. The March 31 amount of computer supplies stable total $2.005 b. Prepaid insurance coverage of 5555 expired during this 3- month period c. Lyn Addie has not been paid for seven days of work at the rate of $125 per day d. Prepaid rent of $2.475 expired during this month period Depreciation on the computer equipment for January 1 through March 3131250 Depreciation on the office equipment for January through March 31 is $400 The March 31 amount of merchandise inventory s valable total 5704 3. Prepare a 6-column worksheet (ular to the one shown in Exhibit 313) that includes the adjusted trial Balance the March 31 adjustments through and the adjusted a balance. Do not prepare closing entries and do not just the adjustments or post them to the ledger BUSINESS SOLUTIONS Partia Worksheet March 31, 2020 Unadjusted Trial Balance D Cr Adjustments Dr. cr Adjusted Traner C D No Account Tide 101 Cash 100.1 Aseng Co 1052 WASICH 100 g So I CO 100 LC 100 6 O Co 1007 Dec 1063 KG

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