descriptions of items a through that require adjusting entries on December 31 Additional Information Items a. An analysis of WrI's insurance policies shows that $3,732 of coverage has expired. b. An Inventory count shows that teaching supplies costing $3,235 are avaliable at year-end. c. Annual depreciation on the equipment is $14,929, d. Annual depreciation on the professional library is $7,464 e. On September 1, WTI agreed to do five courses for a client for $2,900 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 $14,500 cash in advance for all five 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, $11,100 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 WELLS TECHNICAL INSTITUTE Unadjusted Trial Balance December 31 Credit Debit $ 28,151 0 10,826 16,242 2,166 32,481 $ 9,746 98,000 Cash Accounts receivable Teaching supplies Prepaid insurance Prepaid rent Professional library Accumulated depreciation-Professional library Equipment Accumulated depreciation-Equipment Accounts payable Salaries payable Unearned revenue Common stock Retained earnings Dividends Tuition revenue Training revenue Depreciation expense-Professional library Depreciation expense-Equipment Salaries expense Insurance expense Rent expense Teaching supplies expense Advertising expense Utilities expense Totals 17,325 21,000 0 14,500 25,464 81,000 43,310 110, 438 41,143 0 0 51,972 0 23, 826 0 7,579 6,063 $ 320,616 $320,616 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. Complete this question by entering your answers in the tabs below. Req 2A Req 28 Post the balance from the unadjusted trial balance and the adjusting entries into the T-accounts. Cash 28.151 Equipment 98,000 Unadj. Bal Unadj. Bat. 28.151 Adj. Bal 98.000 Adj. Bal Prepare an adjusted trial balance. WELLS TECHNICAL INSTITUTE Adjusted Trial Balance December 31 Debit Credit Cash Accounts receivable Teaching supplies Prepaid insurance Prepaid rent Professional library Accumulated depreciation-Professional library Equipment Accumulated depreciation-Equipment Accounts payable Salaries payable Unearned revenue Common stock Retained earnings +