After the success of the companys first two months, Santana Rey continues to operate Business Solutions. The November 30, 2015, unadjusted trial balance of Business Solutions (reflecting its transactions for October and November of 2015) follows.

No.	Account Title	Debit			Credit
101	Cash	$	38,664
106	Accounts receivable		12,718
126	Computer supplies		2,645
128	Prepaid insurance		2,160
131	Prepaid rent		3,040
163	Office equipment		8,600
164	Accumulated depreciationOffice equipment				$	0
167	Computer equipment		21,200
168	Accumulated depreciationComputer equipment					0
201	Accounts payable					0
210	Wages payable					0
236	Unearned computer services revenue					0
301	S. Rey, Capital					68,000
302	S. Rey, Withdrawals		5,900
403	Computer services revenue					32,429
612	Depreciation expenseOffice equipment		0
613	Depreciation expenseComputer equipment		0
623	Wages expense		2,225
637	Insurance expense		0
640	Rent expense		0
652	Computer supplies expense		0
655	Advertising expense		1,698
676	Mileage expense		624
677	Miscellaneous expenses		180
684	Repairs expenseComputer		775
	Totals	$	100,429		$	100,429

Business Solutions had the following transactions and events in December 2015.

Dec.	2	Paid $1,005 cash to Hillside Mall for Business Solutions share of mall advertising costs.
	3	Paid $430 cash for minor repairs to the companys computer.
	4	Received $4,150 cash from Alexs Engineering Co. for the receivable from November.
	10	Paid cash to Lyn Addie for six days of work at the rate of $110 per day.
	14	Notified by Alexs Engineering Co. that Business Solutions bid of $7,400 on a proposed project has been accepted. Alexs paid a $1,600 cash advance to Business Solutions.
	15	Purchased $1,400 of computer supplies on credit from Harris Office Products.
	16	Sent a reminder to Gomez Co. to pay the fee for services recorded on November 8.
	20	Completed a project for Liu Corporation and received $6,425 cash.
	2226	Took the week off for the holidays.
	28	Received $3,400 cash from Gomez Co. on its receivable.
	29	Reimbursed S. Rey for business automobile mileage (500 miles at $0.27 per mile).
	31	S. Rey withdrew $1,100 cash from the company for personal use.

The following additional facts are collected for use in making adjusting entries prior to preparing financial statements for the companys first three months:

a.	The December 31 inventory count of computer supplies shows $670 still available.
b.	Three months have expired since the 12-month insurance premium was paid in advance.
c.	As of December 31, Lyn Addie has not been paid for four days of work at $110 per day.
d.	The computer system, acquired on October 1, is expected to have a four-year life with no salvage value.
e.	The office equipment, acquired on October 1, is expected to have a five-year life with no salvage value.
f.	Three of the four months' prepaid rent has expired.