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.

No.	Account Title	Debit			Credit
101	Cash	$	48,502
106.1	Alexs Engineering Co.		0
106.2	Wildcat Services		0
106.3	Easy Leasing		0
106.4	IFM Co.		3,010
106.5	Liu Corp.		0
106.6	Gomez Co.		2,858
106.7	Delta Co.		0
106.8	KC, Inc.		0
106.9	Dream, Inc.		0
119	Merchandise inventory		0
126	Computer supplies		690
128	Prepaid insurance		2,124
131	Prepaid rent		885
163	Office equipment		8,080
164	Accumulated depreciationOffice equipment				$	320
167	Computer equipment		20,600
168	Accumulated depreciationComputer equipment					1,200
201	Accounts payable					1,220
210	Wages payable					540
236	Unearned computer services revenue					1,430
301	S. Rey, Capital					82,039
302	S. Rey, Withdrawals		0
403	Computer services revenue					0
413	Sales					0
414	Sales returns and allowances		0
415	Sales discounts		0
502	Cost of goods sold		0
612	Depreciation expenseOffice equipment		0
613	Depreciation expenseComputer equipment		0
623	Wages expense		0
637	Insurance expense		0
640	Rent expense		0
652	Computer supplies expense		0
655	Advertising expense		0
676	Mileage expense		0
677	Miscellaneous expenses		0
684	Repairs expenseComputer		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 companys 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 $135 per day. Four of the five days relate to wages payable that were accrued in the prior year.
		5		Santana Rey invested an additional $23,500 cash in the company.
		7		The company purchased $7,500 of merchandise from Kansas Corp. with terms of 1/10, n/30, FOB shipping point, invoice dated January 7.
		9		The company received $2,858 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 $5,340, which is the total price of $6,770 less the advance payment of $1,430. The company debited Unearned Computer Services Revenue for $1,430.
		13		The company sold merchandise with a retail value of $4,700 and a cost of $3,410 to Liu Corp., invoice dated January 13.
		15		The company paid $660 cash for freight charges on the merchandise purchased on January 7.
		16		The company received $4,040 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 $500 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 $476.
		26		The company purchased $9,100 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 $4,470 cost for $5,970 on credit to KC, Inc., invoice dated January 26.
		31		The company paid cash to Lyn Addie for 10 days work at $135 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 $476 credit from merchandise returned on January 24.
		5		The company paid $460 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		Santana Rey withdrew $4,640 cash from the company for personal use.
		23		The company sold merchandise with a $2,540 cost for $3,390 on credit to Delta Co., invoice dated February 23.
		26		The company paid cash to Lyn Addie for eight days work at $135 per day.
		27		The company reimbursed Santana Rey $256 for business automobile mileage. The company recorded the reimbursement as "Mileage Expense."
Mar.		8		The company purchased $2,910 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 $850 cash for minor repairs to the companys computer.
		16		The company received $5,450 cash from Dream, Inc., for computing services provided.
		19		The company paid the full amount due of $4,130 to Harris Office Products, consisting of amounts created on December 15 (of $1,220) and March 8.
		24		The company billed Easy Leasing for $9,087 of computing services provided.
		25		The company sold merchandise with a $2,012 cost for $2,890 on credit to Wildcat Services, invoice dated March 25.
		30		The company sold merchandise with a $1,138 cost for $2,320 on credit to IFM Company, invoice dated March 30.
		31		The company reimbursed Santana Rey $192 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 $135 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 $1,200.
6. Depreciation on the office equipment for January 1 through March 31 is $320.
7. The March 31 amount of merchandise inventory still available totals $544.

2. Post the journal entries in part 1 to the accounts in the companys general ledger. Note: Begin with the ledgers post-closing adjusted balances as of December 31, 2019. (Record the transactions in the order presented. Do not skip rows.)