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 $ 48,412 Credit 106.6 106.1 Alex's Engineering Company 106.2 Wildcat Services 106.3 Easy Leasing 106.4 IFM Company 106.5 Liu Corporation Gomez Company 3,150 0 2,748 106.7 Delta Company 8 106.8 KC, Incorporated 0 106.9 119 126 Dream, Incorporated. Computer supplies 0 Merchandise inventory 0 750 128 Prepaid insurance 1,854 131. Prepaid rent 905 163 Office equipment 8,020 164 Accumulated depreciation-office equipment $:370 167 Computer equipment 20,900 168 Accumulated depreciation-Computer equipment 1,120 201 Accounts payable 1,200 210 Wages payable 580 236 Unearned computer services revenue 1,440. 301 Common stock 72,669 318 Retained earnings 9,360 319 Dividends 403 Computer services revenue 413 Sales 414 415 Sales discounts 502 612 Sales returns and allowances Cost of goods sold Depreciation expense-Office equipment Depreciation expense-Office equipment Depreciation expense-Computer equipment Wages expense Insurance expense 502 612 Cost of goods sold 613 623 637 640 Rent expense 652 655 Advertising expense 676 Mileage expense 677 Miscellaneous expenses 684 Repairs expense-Computer Computer supplies expense 0 0 0 0 0 0 004 nepal exp 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 (Numbers. 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 $145 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 $23,200 cash in the company in exchange for more common stock. January 7 The company purchased $6,600 of merchandise from Kansas Corporation with terms of 1/10, n/30, FOB shipping point, invoice dated January 7. January 9 The company received $2,748 cash from Gomez Company as full payment on its account. January 11 The company completed a five-day project for Alex's Engineering Company and billed it $5,390, which is the total price of $6,830 less the advance payment of $1,440. The company debited Unearned Computer Services Revenue for $1,440. January 13 The company sold merchandise with a retail value of $4,600 and a cost of $3,440 to Liu Corporation, invoice dated January 13. January 15 The company paid $670 cash for freight charges on the merchandise purchased on January 7. January 16 The company received $4,010 cash from Delta Company for computer services provided. January 17 The company paid Kansas Corporation for the invoice dated January 7, net of the discount. January 20 The company gave a price reduction (allowance) of $500 to Liu Corporation and credited Liu'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 $496. January 26 The company purchased $9,800 of merchandise from Kansas Corporation with terms of 1/10, n/30, FOB destination, invoice dated January 26. January 26 The company sold merchandise with a $4,620 cost for $5,840 on credit to KC, Incorporated, invoice dated January 26. January 31 The company paid cash to Lyn Addie for 10 days' work at $145 per day.. 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 $496 credit from merchandise returned on January 24. February 5 The company paid $570 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 The company paid a $4,670 cash dividend. February 23 The roanany enld merchandise with a 2.640 cost for 3 380 on credit to Delta Company invnice 11. February 15 The company paid a $4,670 cash dividend. February 23 The company sold merchandise with a $2,640 cost for $3,380 on credit to Delta Company, invoice dated February 23. February 26 The company paid cash to Lyn Addie for eight days' work at $145 per day. February 27 The company reimbursed Santana Rey $96 cash for business automobile mileage. The company recorded the reimbursement as "Mileage Expense." March 8 The company purchased $2,880 of computer supplies from Harris Office Products on credit with terms of n/30, FOB destination, invoice dated March 8. March 9 The company received the balance due from Delta Company for merchandise sold on February 23. March 11 The company paid $930 cash for minor repairs to the company's computer. March 16 The company received $5,440 cash from Dream, Incorporated, for computing services provided. March 19 The company paid the full amount due of $4,880 to Harris Office Products, consisting of amounts created on December 15 (of $1,200) and March 8. March 24 The company billed Easy Leasing for $9,207 of computing services provided. March 25 The company sold merchandise with a $2,172 cost for $2,830 on credit to Wildcat Services, invoice dated March 25. March 30 The company sold merchandise with a $1,238 cost for $2,340 on credit to IFM Company, invoice dated March 30. March 31 The company reimbursed Santana Rey $160 cash 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. a. The March 31 amount of computer supplies still available totals $2,125. b. Prepaid Insurance coverage of $618 expired during this three-month period. c. Lyn Addie has not been paid for seven days of work at the rate of $145 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 $1,120. f. Depreciation on the office equipment for January 1 through March 31 is $370. g. The March 31 amount of merchandise inventory still available totals $594. 6 Required: 1. Prepare journal entries to record each of the January through March transactions. View transaction list Journal entry worksheet ok