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 September 1 CTI agreed to do five courses for a client for $3,200 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 $16,000 cash in advance for all five courses on September 1, and CTI credited Unearned Training Fees. f. 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, $9,000 of the tuition has been earned by CTI. g. 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. Requirement Unadjusted General Journal Adjusting entry related to: a Insurance b. Teaching supplies c Depreciation equipment d. Depreciation-library e Training fees f Tuition 9 Salaries h. Rent General Ledger For each adjustment, indicate the income statement and balance sheet account affected, and the impact on net income. If an adjustment caused net income to decrease, enter the amount as a negative value. Net income before adjustments can be found on the income statement tab. (Hint: Select unadjusted on the drop-down.) Trial Balance Income statement Total impact on income due to adjustments Net income before adjustments Net income after adjustments Income Statement St Owner Equity Account affecting the: Balance Sheet Balance Sheet Impact on income Impact on net income S 0 0 Show less A