Will rate for full answer. I already completed part 1. I think part 2 is complete too but saying incomplete? I am not sure how to do parts 3-6. Thank you!

Serial Problem Business Solutions LO P1, P2, P3, P4 The following information applies to the questions displayed below) 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 balances 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 Dobilt 101 Cash Credit $48.372 1061 Alex's Engineering Co 0 1062 Wildcat Services o 106.3 Easy Leasing o 106.4 IFM CO 3,000 106.5 Lu Corp 0 106.6 Gomez Co 2.560 106.7 Delta Co 0 1068 KC, Inc 0 106,9 Dream, Inc. D 119 Merchandise inventory 0 126 Computer supplies 500 128 Prepaid insurance 1065 131 Prepaid rent 825 163 Omce equipment 8.000 Accumulated depreciation--Omice equipment $400 167 Computer equipment 20,000 160 Accumulated depreciation-Computer equipment 1.250 201 Accounts payable 1100 210 Wages payablo 500 236 Uneamed computer services revenue 1500 301 5. Rey, Capital 00360 302 S. Roy. Withdrawals 403 Computer services revenue 0 413 Sales 0 414 Sales returns and allowances 415 Setes discounts 502 Cost of goods sold 612 Depreciation expense-Office equipment 615 Depreciation expense Computer equipment 623 Wages expense 637 Insurance expense 640 Rent expense 652 Computer suppiles expense 655 Advertising expenso 676 Mileage expense eo o o o o o o o o o o o 577 684 Miscellaneous expenses Repairs expense Computer In response to requests from customers, S. Rey will begin selling computer software. The company will extend credit terms of 110, 1/30, 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 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 wages payable that were accrued in the prior year. 5 Santann Rey invested an additional $25.000 cash in the company 7 The company purchased $5,800 of merchandise from Kansas Corp, with forms of V.30, FOB shipping point, invoice dated January 7 9 The company received $2.668 cash from Gomez Co as fut payment on its account 11 The company completed a five-day project for Alexs Engineering Co and bited it $5,500, which is the total price of $7.000 less the advance payment of $1500. The company debited Unearned Computer Services Revenue for $1500 13 The company sold merchandise with a retail value of $5.200 and a cost of $3.560 to Liu Corp, Invoice dated January 13 15 The company pod $600 cash for freight charges on the merchandise purchased on January 16 The company received $4,000 cath 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 give a price reduction followance of $500 to L Corp. and credited Llu'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 volce cost net of the discount, was $496 26 The company purchased $9.000 of merchandise from Kansas Corp, with term of 10,30, FOB destination, Invoice dated January 26, 26 The company sold merchandise with a $4,640 cost for 55,800 on credit to KC, Inc. invoice dated January 26, 31 The company paid cash to lyn Addie for 10 days work at $125 per day Feb 1 The company paid $2.475 cash to Hillside Mall for another three months' rent in advance 3 The company pold Kansas Corp for the balance due, net of the cash discountless the $496 credit from merchandise returned on January 24 5 The company paid $600 cmth to Facebook for an advertisement to appear on February 5 only 11 The company received the balance de from Alex's Engineering Co for feel bited on January 11 15 Santana Rey withdrew $4.800 cash from the company for personal use 23 The company sold merchandise with a $2.000 cost for $3.220 on credit to Deits convoice dated February 23 26 The company paid cash to lyn Addio for eight days' work $125 per day 27 The company reimbursed Santana Hey 5192 for business automobile mileage. The company recorded the rembursement as "Mileage Expense Mar. The company purchased $2.730 of computer suplies from Harris Office Products on credit with terms of ivo, FOB destination dated March 9 The company received the balance de from Delta Co. for merchandise sold on February 23 11 The company paid 5960 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 amount Oue of $3.830 to Harris Orice Products, consisting of amount created on December 15 of 11 and March 24 The company tiled Easy Leasing for $9.047 of computing services provided 25 The company sold merchandise with a $2.002 cost for $2.800 an credit to Wildcat fiervices, invoice dated March 25, 30 The company sold merchandise with a $104 cost for $2.220 on credit to IFM Company, w ce dated March 30 31 The company reimbursed Santana Rey 5128 for business automobile mileage. The company recorded the rembursements "Miege Ense The following additional facts are available for preparing adjustments on March 31 prior to financial statement preparaton a. The March 31 amount of computer supplies still available totals $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 3-month period. e. Depreciation on the computer equipment for January 1 through March 31 is $1250 Depreciation on the office equipment for January 1 through March 31 is $400 9. The March 31 amount of merchandise Inventory still available totals $704 References part 1 Answer is complete and correct 1 Jan 04 OOO Janos C 25,000 00 3 5.800 JOY Merchandise Apa 5.000 Cash Accounts recette Com Co OOOOOOO 5 11 Accountries Engineering Co Uneamed computer andere Computers 1500 7.000 5 Accounts receivable Corp 5.200 00 5.200 2.500 Jan 13 Cost of goods sold Merchandise inventory 8 000 Jan 15 Merchandise inventory Cash 4000 Jan 16 4000 10 Jan 17 Cash Computer Services Accounts payable Merchandise Inventory Cash 5.000 OO OO OOOOO OOO OO 50 (5720 11 Jan 20 500 Sales rebums and allowances Accounts receiva Corp 500 12 Jan 22 Cash Sales discounts Accounts receivable Corp 46530 470 4700 13 Jan 24 Accounts payable Merchandise inventory 14 Jan 28 9.000 Merchandise inventory Accounts payable OO 9.000 15 Jan 28 5,800 Accounts receivable KC, Inc Sales 5.100 OOOO 16 Jan 26 Cost of goods sold Merchandise inventory 48 17 1.250 Jan 31 Wages expense Cash lolo 1250 18 Feb 01 2.475 Prepaid rent Cash olo 2.475 19 Feb 03 3.504 Accounts payable Merchandise Inventory Cash Advertising expense Cash OOOOO 90 8.414 20 Feb 05 600 600 21 Feb 11 Cash Accounts receivable-Alex's Engineering Co. 5,500 5.500 22 Feb 15 S. Rey, Withdrawals Cash 4.800 4.800 23 Feb 23 Accounts receivable-Delta Co. Sales 3.220 3.220 24 Feb 23 Cost of goods sold Merchandise Inventory 2.600 2,560 25 Feb 26 Wages expense Cash 1.000 1,000 26 Feb 27 Mileage expense Cash 192 192 27 Mar 00 Computer supplies Accounts payable 2730 OO Oo OO OOOO oo OOOOOOOOOOOOOOOO 2.730 28 Mar 09 Cash Accounts receivable Delta Co. 3.220 3.220 29 Mar 11 Repairs expense Computer Cash 950 060 30 Mar 16 5.250 5,260 Cash Computer Services revenus Accounts payable Cash 31 MM 19 3,830 32 Mar 24 9.047 Accounts receivable-Easy Leasing Computer services revenue 9,047 33 Mar 25 Accounts receivable-Wildcat Services 2,000 2,000 34 Mar 25 2.002 Cost of goods sold Merchandise Inventory 2.0020 35 Mar 30 Accounts receivable-FM Co 5 2220 2.220 36 Mar 30 Cost of goods sold Merchandise inventory 00 00 00 1,048 1048 37 Mar 31 1200 Mileage expense Cash 129 Part 2 Answer is not complete Dec 31 Jan 11 Feb. 11 5.500 5500 OO 5500 25.000 2.000 500 48372 47.74 72,747 75.415 74015 78,815 72073 77,725 76.476 74001 4000 5742 4.663 . Dec 31 Jan 04 (Janos Lanos Jan 15 Jan 16 Jan 17 Jan 22 Jan 31 Feb. 01 Feb 03 Fotos Feb 11 Feb. 15 Feb 26 Feb. 27 Mar 09 Matt Wat 16 Mar 10 Wat 31 OOOOOOOOOOOOOOOOOOOO 1250 2.475 8,414 600 5500 4.000 1,000 192 54.987 70457 65.687 6467 644 57.715 66,755 72015 68,105 3.220 360 5.250 3,830 128 Two Dec 31 wat 25 D 2.800 Dec 31 x 24 2.600 DET MO D Dec 31 Mar 30 2220 Dec 31 Jan 13 Jan 20 5.2000 5.200 4700 500 4700 Dec 31 Lanos Dec 31 2.680 0.6681 3.220 Feb 23 Mars 3.220 Dec 31 Dec 31 Jan 26 O 5 800 5 800 5.000 Dec 31 O 2730 Ow Dec 31 Jan 07 13 Lan 15 Jan. 17 Jan 24 Jan 25 6000 CU OOOOOOOOOO 5.000 2.240 2 2.72 2.25 900 190 9.000 Feb 03 Feb 23 250 000 2.00 2003 16 6556 3.000 19 45 Der FE DRE De De We ELO D. 300 o 26 7100 Q 30 NO . 2 ST 13 1 2 LO Part 3 Answer is not complete. BUSE SOLUTIONS March 31,2070 68,057 69,057 2800 0.047 5220 101 106.1 1052 1063 105 4 106.5 1066 106.7 106.8 106.9 119 128 128 131 163 2,800 9,047 5.220 00 00 0 5,800 5,800 Accomme Cash Alex's Engineering Co. Wildcal Services Easy Leasing IFM CO Lu Corp Gomero Delta Co. KC, Inc Dream, Inc Merchandise inventory Computer supplies Prepaid insurance Prepaid rent Office equipment Accumulated depreciation-ofice equipment Computer equipment Accued depreciation-Computer equipment Accounts payable Wages payable Uneamed computer services revenue S. Rey, Capital S. Rey, Withdrawals Computer services revenue 346 3,310 1,665 3.300 8.000 142 1.305 555 2.475 704 2,005 1.110 825 8.000 400 400 167 20,000 20.000 1250 1.250 1.100 1,375 375 875 168 201 210 236 301 302 403 1,500 80,360 80,360 27,527 27527 413 17,020 17,020 415 502 612 500 47 12,852 500 47 12,862 400 513 523 637 640 652 056 678 077 584 Sales Sales Neburns and allowances Sales discounts Cost of goods sold Depreciation expense-Onice equipment Depreciation expense-Computer Lequipment Wages expense Insurance ponse Rent expense Computer supplies expense Advertising expense Mileage expense Miscellaneous expenses Repairs expenseComputer Totals 12.852 400 1.250 875 555 2,475 1305 1,250 2.250 555 2,475 1305 600 320 800 320 100 1400 060 145.000 128.200 19,722 7,002 900 140,092 125.925 Pent www one go worth the o O O Ro Compressoras Agron Mense Repairs Com Miscellaneous Total Netin.com OOOOOO D Parenthede ware for the marchanded the 31,20 Desporting with a des Categorie the Wege, and Adobe fonts de segundowald . Total general and drive mpenses 0 0 S Part 5 5. Prepare a statement of owner's equity thom the adjusted trial balance in part 3 for the three months ended March 2020 S Rex Capital, Dec 21, 2019 S. Rex Capital, March 31, 2020 O Part 6 6. Prepare a classified balance sheet (from the adjusted trial balance) as of March 31, 2020 BUSINESS SOLUTIONS Balance Sheet March 31,2070 Assets Current assets Total current assets Plant assets Office equipment net Computer equipment, net Total plant assets Total assets Liabilities Current liabilities Equity Total liabilities and equity