Serial Problem Business Solutions LO P1, P2, P3, P4 [The following information applies to the questions displayed below] Sontana 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 dignt 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. n 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 company's new merchandising activities. Its transactions for January thtough March follow. Jan. 4 The conpany paid cash to tyn Addie for five days' work at the rate of 5155 per day. Four of the five days relate to wages payable that were accrued in the prior year. 5 Santana Rey invested an additional $24,700 cash in the coepary in exchange for more connon stock. 7 The company purchased 57, 000 of merchandise from Kansas Corp. With terms of 1/10, n/3e, F06 shipping point, invoice dated January 7. 9 The conpary received $2,878 cash from Gonez Co. as full paynent on its account. 11 The coepany coepleted a five-day project for Alex's Engineering Co, and billed it 55,480 , hich is the total price of 56,810 less the advance payment of 51,330 . The conpany debited Unearned computer Services Revenue for $1,330. 13. The conpany sold merchandise with a retail value of 54,400 and a cost of 53,540 to tiu corp., invoice dated January 13. 15. The company paid $760 cash for freight charges on the merchandise purchased on Janwary 7. 16 The conpany received $4,970 cash from Delta Co. for coeputer services provided. 17 The coepary paid Kansas Corp. for the involce dated january 7 , net of the discount. 20 The coepany gave a price reduction (allowance) of $400 to liu Corp., and credited ilu's accounts receivable for that anount. 22 The conpary received the balance due from Liu Corp.., net of the discount and the allowance. 24 the comaryy returned defective merchandise to Kansas Corp. and accepted a credit against future purchases (debited accounts payable). The defective eprchandise Invoice cost, net of the discount, was 5476. 26 The coepany purchased 59,500 of eerchandise from Kansas Cerp. With terns of 1/10, n/30, Foe destination, invoice dated January 26 . 26 The coepary sold merchandise with a $4,510 cost for $5,870 on credit to XC, inc., involce dated Jamary 26. 31 The coepany paid cash to Lyn Addie for 10 days' work at 5155 per day. Feb. 1 The company paid $2,685 cash to Hillside Mall for another three months' rent in advance. 3 The conpany paid Kansas Corp. for the balance due, net of the cash discount, less the 5476 credit from merchandise returned on January 24 . 5 The company paid 5410 cash to Facebook for an advertisenent to appear on February 5 only. 11 The company received the balance due from Alex's Engineering Co. for fees bllled on January 11. 15 the company paid a 54,790 cash dividend. 23 The company sold nerchandise with a $2,550 cost for $3,400 on credit to Delta Co., involce dated February 23. 26 The coepany paid cash to tyn Addie for eight days" work at $155 per day. 27 The company reinbursed Santana Rey $128 cash for business autonobile nileage. The conpany recorded the reinbursement as "Mileage Expense." Mar. 8 The company purchased 52,77e of conputer supplies from Harris office Products on credit with teres of n/30, f0e destination, Involce dated March 8 . 9 The compary recelved the balance due: from Delta Co. for merchandise sold on February 23. 11 The company paid 5809 cash for minor repairs to the compary's computer. 16 the coepany received $5,270 cash froe Drean, Inc., for computing services provided. 19 The compary paid the full anount due of $3,880 to Harris office Products, consisting of anounts created on Decenber is (of 51,110 ) and March 8 . 24 The company billed Easy Leasing for $9,157 of computing services provided. 25 The company sold merchandise with a $2,072 cost for $2,990 on credit to Wildcat Services, invoice dated March 25. 30 The company sold merchandise with a $1,98 cost for $2,350 on credit to IFM company, invoice dated March 30. 31 The company reimbursed Santana Rey $64 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 $2.005. 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 $155 per day. d. Prepaid rent of $2,685 expired during this 3 -month period. e. Depreciation on the computer equipment for January 1 through March 31 is $1,210. f. Depreciation on the office equipment for January 1 through March 31 is $270. g. The March 31 amount of merchandise inventory still available totals $664. Required: 1. Prepare journal entries to record each of the January through March transactions. Note: Enter debits before credits. 1. Prepare journal entries to record each of the January through March transactions. Required: Journal entry worksheet