Additional Information Items

a$.$ An analysis of WTI's insurance policies shows that $$3,203$ of coverage has expired.

b$.$ An inventory count shows that teaching supplies costing $$2,776$ are available at year$-$end.

c$.$ Annual depreciation on the equipment is $$12,814.$

d$.$ Annual depreciation on the professional library is $$6,407.$

e$.$ On September $1,$ WTI agreed to do five training courses for a client for $$2,600$ each. Two courses will start immediately and finish before the end of the year. Three courses will not begin until next year. The client paid $$13,000$ cash in advance for all five training courses on September $1,$ and WTI credited Unearned Revenue.

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 $31,$ $$9,250$ of the tuition 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 balance in the Prepaid Rent account represents rent for December.

$\backslash$table$[[\backslash$table$[[$WELLS TECHNICAL INSTITUTE$],[$Unadjusted Trial Balance$],[$December $31]]],[$Cash$,$Debit,Credit$],[$Accounts receivable,$ $27,094,],[$Teaching supplies,$0,],[$Prepaid insurance,$10,420,],[$Prepaid rent,$15,632,],[$Professional library,$2,085,],[$Accumulated depreciation$-$Professional library,$31,262,],[$Equipment$,,$$ $9,380],[$Accumulated depreciation$-$Equipment,$99,000,],[$Accounts payable,,$16,675],[$Salaries payable,,$22,000],[$Unearned revenue,,$0],[$T$.$ Wells, Capital,,$13,000],[$T$.$ Wells, Withdrawals,,$106,318],[$Tuition revenue,$41,684,],[$Training revenue,,$106,293],[$Depreciation expense$-$Professional library,,$39,599],[\backslash$table$[[$Depreciation expense$-$Equipment$]],0,],[$Salaries expense,$0,],[$Insurance expense,$50,022,],[$Rent expense,$0,],[$Teaching supplies expense,$22,935,],[$Advertising expense,$0,],[$Utilities expense,$7,295,],[$Totals$,5,836,],[,$$$313,265,$$ $313,265]]$

Problem $3-3$A $($Algo$)$ Part $2$

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

$2-$b$.$ Prepare an adjusted trial balance.