1. An analysis of WTI's insurance policies shows that $3,203 of coverage has expired.
2. An inventory count shows that teaching supplies costing $2,776 are available at year-end.
3. Annual depreciation on the equipment is $12,814.
4. Annual depreciation on the professional library is $6,407.
5. On September 1, WTI agreed to do five training courses for a client for $2,400 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 $12,000 cash in advance for all five training courses on September 1, and WTI credited Unearned Revenue.
6. 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, $9,750 of the tuition revenue has been earned by WTI.
7. 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.
8. The balance in the Prepaid Rent account represents rent for December.

WELLS TECHNICAL INSTITUTEUnadjusted Trial BalanceDecember 31 DebitCreditCash$ 26,340 Accounts receivable0 Teaching supplies10,129 Prepaid insurance15,197 Prepaid rent2,027 Professional library30,391 Accumulated depreciationProfessional library $ 9,119Equipment103,000 Accumulated depreciationEquipment 16,210Accounts payable 22,000Salaries payable 0Unearned revenue 12,000Common stock 31,140Retained earnings 79,000Dividends40,523 Tuition revenue 103,332Training revenue 38,496Depreciation expenseProfessional library0 Depreciation expenseEquipment0 Salaries expense48,628 Insurance expense0 Rent expense22,297 Teaching supplies expense0 Advertising expense7,092 Utilities expense5,673 Totals$ 311,297$ 311,297

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.