Cash Teaching supplies Prepaid insurance Prepaid rent Professional library Accumulated depreciation - Professional library Equipment Accumulated depreciation - Equipment Accounts payable Salaries payable Unearned extension revenue Joanna Kennedy, capital Joanna Kennedy, withdrawals Tuition revenue Extension revenue Salaries expense Advertising expense Utilities expense Totals Dr $ 25,000 107,200 36,000 11,600 20,000 141,800 40,000 143,600 36,000 24,800 586,000 Cr $ 3,000 32,000 24,800 55,200 62,000 285,000 124,000 586,000 Additional information available on December 31, 2021 are as follows: An analysis of the company's policies shows that $31,000 of insurance coverage has expired. b. An inventory shows that teaching supplies costing $13,400 are on hand at the end of the month. C. The estimated monthly depreciation on the equipment is $650. d. The estimated monthly depreciation on the professional library is $320. e. The school's only employee is paid weekly. As of the end of the month, wages of $1,200 have accrued. f. The balance in the prepaid rent account represents the rent for December, January, February, and March.

Additional information available on December 31,2021 are as follows: a. An analysis of the company's policies shows that $31,000 of insurance coverage has expired. b. An inventory shows that teaching supplies costing $13,400 are on hand at the end of the month. c. The estimated monthly depreciation on the equipment is $650. d. The estimated monthly depreciation on the professional library is $320. c. The school's only employee is paid weekly. As of the end of the month, wages of $1,200 have accrued. f. The balance in the prepaid rent account represents the rent for December, January, February, and March