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After the success of the company's first two months, Santana Rey contlnues to operate Business Solutlons. The November 30, 2021, unadjusted trial balance of Business

image text in transcribed After the success of the company's first two months, Santana Rey contlnues to operate Business Solutlons. The November 30, 2021, unadjusted trial balance of Business Solutions (reflecting Its transactions for October and November of 2021) follows. Business Solutions had the following transactions and events in December 2021. December 2 Paid $975 cash to Hillside Mall for Business Solutions"s share of nall advertising costs. December 3 Paid $470 cash for minor repairs to the company's computer. December 4 Received $4,150 cash fron Alex's Engineering Company for the receivable fron November. Decenber 19 Paid cash to Lyn Addie for six days of work at the rate of $120 per day. Decenber 14 Notified by Alex's Engineering Conpany that Business Solutions's bid of $7,000 on a proposed project has been accepted. Alex's paid a $2,200 cash advance to Business Solutions. Decenber 15 Purchased \$1,990 of computer supplies on credit fron Harris Office Products. Decenber 16 Sent a reninder to Gonez Company to pay the fee for services recorded on November 8. Decenber 29 Completed a project for Liu Corporation and received $6,425 cash. December 22-26 Took the week off for the holidays. Decenber 28 Received $3,600 cash fron Gontez Conpany on its receivable. Decenber 29 Reinbursed 5. Rey for business automobile mileage (400 miles at $0.39 per mile). Decenber 31s. Rey withdrew $1,400 cash from the company for personal use. The following additional facts are collected for use in making adjusting entrles prior to preparing financlal statements for the company's first three months

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