Collins Technical Institute $($CTI$),$ a school owned by Carolyn Collins, provides training to individuals who pay tuition directly to the school. CTI also offers training to groups in off$-$site locations. Its unadjusted trial balance as of December $31,2022,$ is found on the trial balance tab. CTI initially records prepaid expenses and unearned revenues in balance sheet accounts. Descriptions of items a through $h$ that require adjusting entries on December $31$ follow.

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 November $1,$ CTI agreed to do a special six$-$month course $($starting immediately$)$ for a client. The contract calls for a monthly fee of $$3,200,$ and the client paid the first five months' fees in advance. When the cash was received, the Unearned Training Fees account was credited.

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,$$$3,600$ of the tuition has been earned by CTI.

g$.$ CTl$\text{'}$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.

$\backslash$table$[[$Requirement$,\backslash$table$[[$General$],[$Journal$]],\backslash$table$[[$General$],[$Ledger$]],$Trial Balance,$\backslash$table$[[$Income$],[$Statement$]],\backslash$table$[[$St of Retained$],[$Earnings$]],$Balance Sheet,$\backslash$table$[[$Impact on$],[$income$]]]]$