Alpine Expeditions operates a mountain climbing school in Colorado. Some clients pay in advance for services; others are billed after services have been performed. Advance payments are credited to an account entitled Unearned Client Revenue. Adjusting entries are performed on a monthly basis. Below is an unadjusted trial balance dated December 31 of the current year. (Bear in mind that adjusting entries have already been made for the first 11 months, but not for December.) Cash Accounts receivable Prepaid insurance Prepaid advertising Climbing supplies ALPINE EXPEDITIONS UNADJUSTED TRIAL BALANCE DECEMBER 31, CURRENT YEAR Climbing equipment Accumulated depreciation: climbing equipment $ 13,900 78,000 18,000 2,200 4,900 57,600 $ 38,400 Accounts payable. Notes payable Interest payable Income taxes payable Unearned client revenue Capital stock Retained earnings Client revenue earned Advertising expense Insurance expense Rent expense Climbing supplies expense. Repairs expense. Depreciation expense: climbing equipment Salaries expense Interest expense Income taxes expense 1,250 10,000 150 1,200 9,600 17,000 62,400 188,000 7,400 33,000 16,500 8,400) 4,800 13,200 57,200 150 12,750 $ 328,000 $ 328,000 Other Data 1. Accrued but unrecorded fees earned as of December 31 amount to $6,400. 2. Records show that $6.600 of cash receipts originally recorded as unearned client revenue had been earned as of December 31. 3. The company purchased a 12-month insurance policy on June 1 of the current year for $36,000. 4. On December 1 of the current year, the company paid $2,200 for numerous advertisements in several climbing magazines. Half of these advertisements have appeared in print as of December 31. 5. Climbing supplies on hand at December 31 amount to $2,000. 6. All climbing equipment was purchased when the business first formed. The estimated life of the equipment at that time was four years (or 48 months). 7. On October 1 of the current year, the company borrowed $10,000 by signing an 8-month, 9 percent note payable. The entire note, plus 8 months' accrued interest, is due on June 1 of the upcoming year. 8. Accrued but unrecorded salaries at December 31 amount to $3,100. 9. Estimated income taxes expense for the entire year totals $14,000. Taxes are due in the first quarter of the upcoming year. Required: b. Determine the amount at which each of the following accounts will be reported in 1. Cash 2 Accounts receivable 3. Prepaid insurance 4. Prepaid advertising 5. Climbing supplies 6. Climbing equipment 7. Accumulated depreciation: climbing equipment 8. Salaries payable 9. Notes payable 10. Interest payable 11. Income taxes payable 12. Unearned client revenue