Serial Problem Business Solutions LO P1, P2, P3, P4 [The following information applies to the questions displayed below.] Santana Rey created…

Serial Problem Business Solutions LO P1, P2, P3, P4
Santana Rey created Business Solutions on October 1, 2017. 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, 2017. 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 TitleDebitCredit101Cash$48,532 106.1Alex’s Engineering Co. 0 106.2Wildcat Services 0 106.3Easy Leasing 0 106.4IFM Co. 3,030 106.5Liu Corp. 0 106.6Gomez Co. 2,738 106.7Delta Co. 0 106.8KC, Inc. 0 106.9Dream, Inc. 0 119Merchandise inventory 0 126Computer supplies 700 128Prepaid insurance 1,908 131Prepaid rent 885 163Office equipment 8,060 164Accumulated depreciation—Office equipment $330 167Computer equipment 21,600 168Accumulated depreciation—Computer equipment 1,170 201Accounts payable 1,110 210Wages payable 580 236Unearned computer services revenue 1,440 301S. Rey, Capital 82,823 302S. Rey, Withdrawals 0 403Computer services revenue 0 413Sales 0 414Sales returns and allowances 0 415Sales discounts 0 502Cost of goods sold 0 612Depreciation expense—Office equipment 0 613Depreciation expense—Computer equipment 0 623Wages expense 0 637Insurance expense 0 640Rent expense 0 652Computer supplies expense 0 655Advertising expense 0 676Mileage expense 0 677Miscellaneous expenses 0 684Repairs expense—Computer 0
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 (Nos. 119, 413, 414, 415, and 502) are added to its general ledger to accommodate the company’s new merchandising activities. Also, Business Solutions does not use reversing entries and, therefore, all revenue and expense accounts have zero beginning balances as of January 1, 2018. Its transactions for January through March follow:
Jan.
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.
5 Santana Rey invested an additional $23,700 cash in the company.
7 The company purchased $6,800 of merchandise from Kansas Corp. with terms of 1/10, n/30, FOB shipping point, invoice dated January 7.
9 The company received $2,738 cash from Gomez Co. as full payment on its account.
11 The company completed a five-day project for Alex’s Engineering Co. and billed it $5,420, which is the total price of $6,860 less the advance payment of $1,440.
13 The company sold merchandise with a retail value of $4,600 and a cost of $3,370 to Liu Corp., invoice dated January 13.
15 The company paid $640 cash for freight charges on the merchandise purchased on January 7.
16 The company received $4,100 cash from Delta Co. for computer services provided.
17 The company paid Kansas Corp. for the invoice dated January 7, net of the discount.
20 Liu Corp. returned $500 of defective merchandise from its invoice dated January 13. The returned merchandise, which had a $290 cost, is discarded. (The policy of Business Solutions is to leave the cost of defective products in cost of goods sold.)
22 The company received the balance due from Liu Corp., net of both the discount and the credit for the returned merchandise.
24 The company returned defective merchandise to Kansas Corp. and accepted a credit against future purchases. The defective merchandise invoice cost, net of the discount, was $496.
26 The company purchased $9,200 of merchandise from Kansas Corp. with terms of 1/10, n/30, FOB destination, invoice dated January 26.
26 The company sold merchandise with a $4,540 cost for $5,840 on credit to KC, Inc., invoice dated January 26.
31 The company paid cash to Lyn Addie for 10 days’ work at $145 per day.
Feb.
1 The company paid $2,655 cash to Hillside Mall for another three months’ rent in advance.
3 The company paid Kansas Corp. for the balance due, net of the cash discount, less the $496 amount in the credit memorandum.
5 The company paid $490 cash to the local newspaper for an advertising insert in today’s paper.
11 The company received the balance due from Alex’s Engineering Co. for fees billed on January 11.
15 Santana Rey withdrew $4,790 cash from the company for personal use.
23 The company sold merchandise with a $2,480 cost for $3,330 on credit to Delta Co., invoice dated February 23.
26 The company paid cash to Lyn Addie for eight days’ work at $145 per day.
27 The company reimbursed Santana Rey for business automobile mileage (1,000 miles at $0.32 per mile).
Mar.
8 The company purchased $2,780 of computer supplies from Harris Office Products on credit, invoice dated March 8.
9 The company received the balance due from Delta Co. for merchandise sold on February 23.
11 The company paid $930 cash for minor repairs to the company’s computer.
16 The company received $5,330 cash from Dream, Inc., for computing services provided.
19 The company paid the full amount due to Harris Office Products, consisting of amounts created on December 15 (of $1,110) and March 8.
24 The company billed Easy Leasing for $9,097 of computing services provided.
25 The company sold merchandise with a $2,092 cost for $2,980 on credit to Wildcat Services, invoice dated March 25.
30 The company sold merchandise with a $1,178 cost for $2,280 on credit to IFM Company, invoice dated March 30.
31 The company reimbursed Santana Rey for business automobile mileage (1,200 miles at $0.32 per mile).
The following additional facts are available for preparing adjustments on March 31 prior to financial statement preparation:
The March 31 amount of computer supplies still available totals $2,185.
Three more months have expired since the company purchased its annual insurance policy at a $2,544 cost for 12 months of coverage.
Lyn Addie has not been paid for seven days of work at the rate of $145 per day.
Three months have passed since any prepaid rent has been transferred to expense. The monthly rent expense is $885.
Depreciation on the computer equipment for January 1 through March 31 is $1,170.
Depreciation on the office equipment for January 1 through March 31 is $330.
The March 31 amount of merchandise inventory still available totals $514.
Hello, I do not know how to do the journal entry for January 4, Jan 5, Jan 20, Jan 22, Jan 24, and feb 3.