In response to requests from customers, a. lopez 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. also, success systems does not use reversing entries and, therefore, all revenue and expense accounts have zero beginning balances as of january 1, 2014. its transactions for january through march follow: jan. 4 the company paid cash to lyn addie for five days' work at the rate of $135 per day. four of the five days relate to wages payable that were accrued in the prior year. 5 adria lopez invested an additional $23,100 cash in the company.