2-a: Post the balance from the unadjusted trial balance and the adjusting entries into the T-accounts.

2-b: Prepare an adjusted trial balance.

Please solve Req 2A & Req 2B.

*Some answers in photos are not all correct.*

Required information Problem 3-3A (Algo) Preparing adjusting entries, adjusted trial balance, and financial statements LO P1, P2, P3, P4, P5 [The following information applies to the questions displayed below] Wells Technical Institute (WTI) provides training to individuals who pay tuition directly to the school. WTI also offers training to groups in off-site locations. WTI initially records prepaid expenses and unearned revenues in balance sheet accounts. Its unadjusted trial balance as of December 31 follows, along with descriptions of items a through h that require adjusting entries on December 31 . Additional Information Items a. An analysis of WTi's insurance policies shows that $3.732 of coverage has expired. b. An inventory count shows that teaching supplies costing $3,235 are available at year-end. c. Annual depreciation on the equipment is $14,929 d. Annual depreciation on the professional library is $7,464 e. On September 1, WTI agreed to do five training courses for a client for $2,600 each. Two courses will start immediately and finish before the end of the year. Three courses will not begin until next year. The client poid $13,000 cash in advance for all five training courses on September 1, and WTI credited Uneamed Revenue. f. On October 15. WTl agreed to teach a four-month class (beginning immediotely) for an executive with payment due at the end of the class. At December 31, $11,850 of the tultion revenue has been earned by WTI. g. WTI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the rate of $100 per day for each employee. h. The bolance in the Prepaid Rent account represents rent for December. 2-a. Post the balance from the unadjusted trial balance and the adjusting entries into the T-accounts. 2-b. Prepare an adjusted trial balance \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ Accounts Receivable } \\ \hline Unadjusted Balance & & \\ \hline & & \\ \hline Adjusted Balance & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ Accumulated Depreciation-Equipment } \\ \hline Unadjusted Balance & & \\ \hline & & \\ \hline & & \\ \hline Adjusted Balance & & \\ \hline \end{tabular} Required information Prepare an adjusted trial balance. WELLS TECHNICAL INSTITUTE Adjusted Trial Balance December 31