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 continu using the existing chart of accounts. 1. I.nmnuner cuinnupe axnenca Required information 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 $2,035 b. Prepaid Insurance coverage of $663 expired during this three-month period. c. Lyn Addie has not been paid for seven days of work at the rate of $205 per day. d. Prepaid rent of $2.625 expired during this three-month period. e. Depreciation on the computer equipment for January 1 through March 31 is $1,240 f. Depreciation on the office equipment for January 1 through March 31 is $280. g. The March 31 amount of merchandise inventory still available totals $514 January 31 The company paid cash to Lyn Addie for 10 days' work at \$285 per day. february 1 The company paid $2,625 cash to Hillside Hall for another three month' rent in advance. February 3 The company pald Kansas corporation for the balance due, net of the cash discount, les5 the \$\$86 credit from nerchandise 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 recelved the balance due from Alex's Engineering Company for fees billed on 3 anuary 11. February 15 The company paid a $4,720 cash dividend. February 23 The company sold merchandise with a $2,520 cost for $3,260 on credit to Delta company, invoice dated February 23. February 26 The conpany pafd cash to Lyn Addie for elght days' work at \$205 per day. February 27 The company relabursed Santana Rey $288 cash for business autonobile mileoge. The company recorded the relibursement as "Mileage Expense," March 8 The company purchased $2,850 of computer supplies fron Harris office Products on credit with terns of n/30, Folb destination, invoice dated March \&. March 9 The company received the balance due fron Delta Company for nerchandise sold on February 23. March 11 The company paid $849 cash for minor repairs to the company's computer. March 16 The company received $5,300 cash from Drean, Incorporated, for computing services provided. March 19 The company paid the full anount due of $4,100 to Harris office Products, consisting of amourits created on December 15 (of $1,250 ) and Harch 8 . March 24 the company bilied Casy Leasing for $9,137 of computing services provided. March 25 The company sold merchandlse with a $2,052 cast for $2,970 on credit to wildcat services, involce dated narch 25. March 30 The company sold merchandise with a $1,048 cost for $2,248 on eredit to IFA Company, Involce dated March 30 . March 31 The company reinbursed Santana Rey $192 cash for business automoblle alleage. The company recorded the reinbursement as "Alleage Expense," 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 $205 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 $24,690 cash in the company in exchange for more common 5 tock. January 7 The company purchased $5,990 of merchandise from Kansas Corporation with terms of 1/10, n/3, FoB shipping point, invoice dated January 7. January 9 The company received $2,798 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 1 s the total price of $6,750 less the advance payment of $1,360. The company debited Unearned Compoter Services Revenue for $1,360. January 13 The company sold merchandise with a retail value of $4,399 and a cost of $3, 510 to Liu corporation, invoice dated January 13. January 15 The company paid $610 cash for freight charges on the merchandise purchased on January 7 . January 16 The company recelved $4,010 cash from Delta Company for conputer services provided. January 17 The company paid Kansas Corporation for the Involice dated January 7 , net of the discount. January 28 The company gave a price reduction (allowance) of $609 to Liu Corporation and credited Liu's accounts receivable for that asount. January 22 The company recelved the balance due from Liu corporation, net of the discount and the allowarice. 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 $486. January 26 The company purchased $10, 000 of merchandise from Kansas Corporation with terns of 1/10, n/30, F06. destination, invoice dated January 26. January 26 The company sold nerchandise with a $4,490 cost for $5,960 on credit to KC, Incorporated, involce dated January 26. January 31 The company paid cash to tyn Addie for 10 day s' work at $205 per day. February 1 The company paid \$2,625 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 eredit