2-a. Post the balance from the unadjusted trial balance and the adjusting entries in to the T-accounts. 2-b. Prepare an adjusted trial balance.

(Ignore the answers in the picture some of it is wrong, i need the whole thing)

Problem 3-3A Preparing adjusting entries, adjusted trial balance, and financial statements LO P1, P2 P3, P4, P5, P6 [The following information applies to the questions displayed below.] Wells Technical Institute (WTI), a school owned by Tristana Wells, 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 $3,864 of coverage has expired. b. An inventory count shows that teaching supplies costing $3,349 are available at year-end. c. Annual depreciation on the equipment is $15,458. d. Annual depreciation on the professional library is $7,729. e. On September 1, WTI agreed to do five courses for a client for $2,900 each. Two courses will start immediately and finish before the end of the year. Three courses will not begin until next year. The client paid $14,500 cash in advance for all five courses on September 1, and WTI credited Unearned Training Fees. f. On October 15, WTI agreed to teach a four-month class (beginning immediately) for an executive with payment due at the end of the class. At December 31, $11,750 of the tuition 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 balance in the Prepaid Rent account represents rent for December WELLS TECHNICAL INSTITUTE Unadjusted Trial Balance December 31 Debit Credit Cash $27,094 Accounts receivable Teaching supplies Prepaid insurance Prepaid rent Professional library 10,420 15,632 2,085 31,262 Accumulated depreciation-Professional library Equipment Accumulated depreciation-Equipment Accounts payable Salaries payable Unearned training fees 9,380 98,000 16,675 22,000 0 14,500 Common stock 27,818 76,000 Retained earnings Dividends 41,684 Tuition fees earned 106,293 39,599 Training fees earned Depreciation expense-Professional library Depreciation expense-Equipment Salaries expense 0 50,022 Insurance expense Rent expense 22,935 Teaching supplies expense Advertising expense Utilities expense 7,295 5,836 $ 312,265 $312,265 Totals Cash Equipment Unadj. Bal 27,094 Unadj. Bal. Adj. Bal. 27,094 Adj. Bal. Accumulated Depreciation--Equipment Accounts Receivable Unadj. Bal Unadj. Bal. 16,675 0 11,750 Adj. Bal Adj. Bal. 11,750 16,675 Teaching Supplies Accounts Payable Unadj. Bal Unadj. Bal. 10,420 Adj. Bal Adj. Bal 10,420 Salaries Payable Prepaid Insurance Unadj. Bal. Unadj. Bal 15,632 15.632 Adi Ral Adi Bal Salaries Payable Prepaid Insurance Unadj. Bal 15,632 C Unadj. Bal. Adj. Bal 15,632 0 Adj. Bal. Unearned Training Fees Prepaid Rent Unadj. Bal 2.085 Unadj. Bal. Adj. Bal Adj. Bal. 2,085 Professional Library Common stock Unadj. Bal. 31,262 Unadj. Bal. Adj. Bal 31,262 Adj. Bal. 0 Retained earnings Accumulated Depreciation-Professional Library Unadj. Bal Unadj. Bal. 9,380 Tuition Fees Earned Dividends Unadj. Bal Unadj. Bal. 106,293 41,684 41,684 Adj. Bal 106,293 Adj. Bal. Training Fees Earned Rent Expense Unadj. Bal. 39,599 Unadj. Bal. 22,935 Adj. Bal. Adj. Bal. 39,599 22,935 Teaching Supplies Expense Depreciation Expense-Professional Library Unadj. Bal Unadj. Bal 0 Adj. Bal 0 0 Adj. Bal. Depreciation Expense-Equipment Advertising Expense Unadj. Bal. Unadj. Bal. 10,698 7,295 Depreciation Expense-Professional Library Teaching Supplies Expense Unadj. Bal Unadj. Bal. 0 Adj. Bal 0 Adj. Bal. Advertising Expense Depreciation Expense-Equipment Unadj. Bal Unadj. Bal. 10,698 7,295 Adj. Bal. 10,698 7,295 Adj. Bal. Salaries Expense Utilities Expense Unadj. Bal Unadj. Bal. 50,022 5,836 Adj. Bal 50,022 5,836 al. Insurance Expense Unadj. Bal 0 Adi Bal WELLS TECHNICAL INSTITUTE Adjusted Trial Balance December 31 Debit Credit $ Cash 27,094 Accounts receivable 11,750 Teaching supplies 3,349 Prepaid insurance Prepaid rent Professional library 31,262 Accumulated depreciation-Professional library Equipment 39,862 Accumulated depreciation-Equipment 39,862 Accounts payable 33,659 Salaries payable 400 Unearned training fees 8,700 Common stock 14,000 Retained earnings 112,446 Dividends Tuition fees earned Training fees earned Depreciation expense-Professional library Denreciation exnense-Eauinment. Prepaid rent Professional library 31,262 Accumulated depreciation-Professional library Equipment 39,862 Accumulated depreciation-Equipment 39,862 Accounts payable 33,659 Salaries payable 400 Unearned training fees 8,700 14,000 Common stock Retained earnings 112,446 Dividends Tuition fees earned Training fees earned Depreciation expense-Professional library Depreciation expense-Equipment Salaries expense Insurance expense Rent expense Teaching supplies expense Advertising expense Utilities expense $ 129,814 192,570 Totals A