(Solved): Required information [The following information applies to the questions displayed below.) Santana ...

Required information [The following information applies to the questions displayed below.) 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. In response to requests from customers, S. Rey will begin selling computer software. The company will extend credit terms of \( 1 / 10, \mathrm{n} / 30 \), FOB shipping point, to all customers who purchase this merchandise. However, no cash discount is avallable 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. the company's new merchandising activities. Its transactions for January through March follow. January 4 The company paid cash to Lyn Addie for 11ve days' work at the rate of \( \$ 165 \) 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 \( \$ 23,300 \) cash in the company. January 7 The company purchased \( \$ 7,808 \) of merchandise from Kansas Corporation with terms of 1/18, n/30, FOB shipping point, involce dated January 7. January 9 The company received \( \$ 2,808 \) cash from Gonez Conpany as fult paynent on its account. January 11. The company completed a five-day project for Alex's Engineering Conpany and billed it \( \$ 5,403 \), which is the total price of \( \$ 6,85 \) less the advance payment of \( \$ 1,450 \). The conpany debited Unearned Computer Services Revenue for \( \$ 1,450 \). January 13 The company sold serchandise with a retait value of \( \$ 4,108 \) and a cost of \( \$ 3,400 \) to Liu Corporation, invoice dated January 13. January 15 The company paid \( \$ 769 \) cash for freight charges on the merchandise purchased on January 7. January 16. The company received \( \$ 4,880 \) cash fron Detta Company for conputer 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 \( \$ 5 e 0 \) to Liu Corporation and credited Liu's accounts receivable for that anount. January 22 The company received the balance due fron 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 nerchandise invoice cost, net of the discount, was \( \$ 486 \). January 26 The conpany purchased \( \$ 9,400 \) of merchandise fron Kansas Corporation with terins of 1/18, n/3a, FoB destination, invoice dated January 26. January 26 The company sold merchandise with a \( \$ 4,448 \) cost for \( \$ 5,820 \) on credit to KC, Incorporated, invoice dated January 26. January 31 The company paid cash to Lyn Addie for 10 days. work at \( \$ 165 \) per day. February 1 The company paid \( \$ 2,535 \) cash to Hillside Mall for another three nonths' rent in advance. February 3 The cospany paid Kansas corporation for the balance due, net of the cash discount, tess the 5486 credit from merchandise returned on January 24 , February 5 The company paid \( \$ 460 \) cash to Facebook for an advertisenent to appear on February 5 onty. creaxt tron sercnanoise returned on January L4. February 5 The conpany paid 5460 cash to Facebook for an advertisenent to appear on February 5 only. February 11 The conpany received the balance due fron Alex's Engineering Conpany for fees billed on January 11. February 15 S. Rey withdrew 94,740 cash from the conpany for persona1 use. February 23 The company sold merchandise with a \( \$ 2,590 \) cost for \( \$ 3,308 \) on credit to Delta Company, invoice dated February 23. February 26 The company paid cash to Lyn Addie for eight days' work at \( \$ 165 \) per day. February 27 The company reimbursed Santana Rey 112 e cash for business autaeobile aileage. The conpany recorded the reimbursenent as "Mileage Expense." March a The company purchased 32,920 of computer supplies from Harris office Products on credit with terss of \( n / 36 \), FOB destination, Invoice dated March 8. March 9 The company received the balance due fron Delta Company for merchandise sold on February 23. March 11 The cospany paid 3869 cash for minor repairs to the conpany's conputer. March 26 . The company received \( \$ 5,260 \) cash fron Drean, Incorporated, for conputing services provided. March 19 The company paid the full anount due of 54,110 to Marris office Products, consisting of asounts created on Decenber 15 (of \( \$ 1,193 \) ) and March B. March 24 The company bitled Easy Leasing for \( \$ 9,077 \) of conputing services provided. March 25 The company sold merchandise with a 32 , 662 cost for \( \$ 2,940 \) on credit to W1ldcat Services, Invaice dated March 25 . March 30 The company sotd merchandise with a \( \$ 1,188 \) cost for 52,388 on credit to IFM Company, invoice dated March 38 . March 31 The company reimbursed Santana Rey \( \$ 192 \) cash for business automobileimiteage. The company recorded the reiabursenent 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 totais \$2,025. b. Prepaid Insurance coverage of \( \$ 681 \) expired during this three-month period. c. Lyn Addie has not been paid for seven days of work at the rate of \( \$ 165 \) per day. d. Prepaid rent of \( \$ 2,535 \) expired during this three-month period. e. Depreciation on the computer equpment for January 1 through March 31 is \( \$ 1,230 \). d. Prepaid rent of \( \$ 2,535 \) expired during this three-month period. e. Depreciation on the computer equipment for January 1 through March 31 is \( \$ 1,230 \). f. Depreciation on the office equipment for January 1 through March 31 is \( \$ 330 \). 9. The March 31 amount of merchandise inventory still available totals \( \$ 594 \). 3. Prepare a 6-column work sheet that includes the unadjusted trial balance, the March 31 adjustments (a) through (g), and the adjusted trial balance. Do not prepare closing entries and do not journalize the adjustments or post them to the ledger. (1) Required information