First two are the data, everything else needs to be filled in! :)

Check m Required information [The following information applies to the questions displayed below.) Wells Technical Institute (WTI), a school owned by Tristana Wells, provides training to individuals who pay tuition directly to the school. WTI also offers training to groups in off-site locations. WTI initially records prepaid expenses and unearned revenues in balance sheet accounts. Its unadjusted trial balance as of December 31 follows, along with descriptions of items a through h that require adjusting entries on December 31 Additional Information Items a. An analysis of WTI's Insurance policies shows that $3,203 of coverage has expired. b. An inventory count shows that teaching supplies costing $2,776 are available at year-end. c. Annual depreciation on the equipment is $12,814. d. Annual depreciation on the professional library is $6,407 e. On Septembe 1 WTI agreed to do five courses for a client for $2,600 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 $13,000 cash in advance for five courses on September 1, and WTI credited Unearned Revenue f. On October 5, WTI agreed to teach a four-month class (beginning immediately) for an executive with payment due at the er 1 of the class. At December 31, $9,250 of the tuition revenue has been earned by WTI. 9. WTi's two er ployees 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 December 31 Credit Debit $ 26,642 10,245 15,371 2,050 30,739 $ 9,223 97,000 16,396 27,000 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 13,000 19,610 79,000 40,988 104,516 38,937 @ @ 49,186 @ 22,550 7,173 5,738 $ 307, 682 $307,682 Net 3-a. Prepare Wells Technical Institute's income statement for the year. 3-b. Prepare Wells Technical Institute's statement of retained earnings for the year. The Retained Earnings account balance was $79,000 on December 31 of the prior year. 3-c. Prepare Wells Technical Institute's balance sheet as of December 31 Complete this question by entering your answers in the tabs below. Reg 3A Reg 3B Req 3C Prepare Wells Technical Institute's income statement for the year, WELLS TECHNICAL INSTITUTE Income Statement For Year Ended December 31 Revenues Tuition revenue Training revenue Required information WELLS TECHNICAL INSTITUTE Income Statement For Year Ended December 31 Revenues Tuition revenue Training revenue $ 0 Expenses Advertising expense Depreciation expense-Equipment Depreciation expense-Professional library Insurance expense Rent expense Salaries expense Teaching supplies expense Utilities expense . C Required information Tuition revenue Training revenue 3 $ $ 0 Expenses Advertising expense Depreciation expense-Equipment Depreciation expense Professional library Insurance expense Rent expense Salaries expense Teaching supplies expense Utilities expense es 0 Net income ! Required information Req 3A Req 3B Req Prepare Wells Technical Institute's statement of retained earnings for the year. The Retained $79,000 on December 31 of the prior year. WELLS TECHNICAL INSTITUTE Statement of Retained Earnings For Year Ended December 31 Retained earnings, December 31 prior year end Add: Net income 0 Less: Dividends Retained earnings, December 31 current year end $ 0 Reg 3A Reg 3B Reg 30 Prepare Wells Technical Institute's balance sheet as of December 31. Include all balance sheet accounts, even those with zero balances WELLS TECHNICAL INSTITUTE Balance Sheet December 31 Assets 0 Required information 0 0 0 $ 0 0 $ 0