2. Enter the December 31 adjustments in the following table for prepaid insurance , supplies, accrued wages , accrued revenue , and unearned revenue . Then, complete the adjusted trial balance by entering the adjusted balance for each of the accounts.

Saved Help P3-3a a. An analysis of CTI's insurance policies shows that $2,700 of coverage has expired. b. An inventory count shows that teaching supplies costing $3.760 are available at year-end. c. Annual depreciation on the equipment is $4,800. d. Annual depreciation on the professional library is $9,000. e. On November 1, CTI agreed to do a special six-month course (starting Immediately) for a client. The contract calls for a monthly fee of $3,200, and the client paid the first five months' fees in advance. When the cash was received, the Unearned Training Fees account was credited. t. On October 15, CTI agreed to teach a four-month class (beginning immediately) for an executive with payment due at the end of the class. At December 31, $3,600 of the tuition has been earned by CTI 9. CTI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the rate of $180 per day for each employee h. The balance in the Prepaid Rent account represents rent for December General General Income St of Retained Impact on Requirement Journal Balance Sheet Ledger Trial Balance Statement Earnings Income For transactions an, review the unadjusted balance and prepare the adjusting entry necessary to correctly report the revenue earned or the expense incurred. Each adjustment is posted automatically to the general ledger and trial balance as soon as you click "record entry" Les View transaction list Journal entry worksheet