Terrific Temps fills temporary employment positions for local businesses. Some businesses pay in advance for services; others are billed after services have been performed. Advanced payments are credited to an account entitled Unearned Fees. Adjusting entries are performed on a monthly basis. An unadjusted trial balance dated December 31, 2015, follows. (Bear in mind that adjusting entries have already been made for the first 11 months of 2015, but not for December.)

TERRIFIC TEMPS UNADJUSTED TRIAL BALANCE DECEMBER 31, 2015
Cash	$	27,020
Accounts receivable		59,200
Unexpired insurance		900
Prepaid rent		3,000
Office supplies		600
Equipment		60,000
Accumulated depreciation: equipment				$	29,500
Accounts payable					4,180
Notes payable					12,000
Interest payable					320
Unearned fees					6,000
Income taxes payable					4,000
Unearned revenue					20,000
Retained earnings					49,000
Capital stock					25,000
Dividends		3,000
Fees earned					75,000
Travel expense		5,000
Insurance expense		2,980
Rent expense		9,900
Office supplies expense		780
Utilities expense		4,800
Depreciation expense: equipment		5,500
Salaries expense		30,000
Interest expense		320
Income taxes expense		12,000
	$	225,000		$	225,000
Other Data 1. Accrued but unrecorded fees earned as of December 31, 2015, amount to $1,500. 2. Records show that $2,500 of cash receipts originally recorded as unearned fees had been earned as of December 31. 3. The company purchased a six-month insurance policy on September 1, 2015, for $1,800. 4. On December 1, 2015, the company paid its rent through February 28, 2016. 5. Office supplies on hand at December 31 amount to $400. 6. All equipment was purchased when the business first formed. The estimated life of the equipment at that time was 10 years (or 120 months). 7. On August 1, 2015, the company borrowed $12,000 by signing a six-month, 8 percent note payable. The entire note, plus six months' accrued interest, is due on February 1, 2016. 8. Accrued but unrecorded salaries at December 31 amount to $2,700. 9. Estimated income taxes expense for the entire year totals $15,000. Taxes are due in the first quarter of 2016. Instructions a. For each of the numbered paragraphs, prepare the necessary adjusting entry. b. Determine that amount at which each of the following accounts will be reported in the company