$[$I ne tollowing intormation applies to the questions alspiayea DeIow.$]$

Wells Technical Institute $($WTI$)$ 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 $$2,807$ of coverage has expired.

b$.$ An inventory count shows that teaching supplies costing $$2,433$ are available at year$-$end.

c$.$ Annual depreciation on the equipment is $$11,227.$

d$.$ Annual depreciation on the professional library is $$5,614.$

e$.$ On September $1,$ WTI agreed to do five training courses for a client for $$2,300$ each. Two courses will start immediately and finish before the end of the year. Three courses will not begin until next year. The client paid $$11,500$ cash in advance for all five training 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 $31,$ $$8,048$ 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.

$\backslash$table$[[,\backslash$table$[[$WELLS TECHNICAL INSTITUTE$],[$Unadjusted Trial Balance$],[$December $31]],,],[,,$Debit,Credit$],[$Cash$,$$$26,944,,],[$Accounts receivable,$0,,],[$Teaching supplies,$10,362,,],[$Prepaid insurance,$15,545,,],[$Prepaid rent,$2,073,,],[$Professional library,$31,088,,],[$Accumulated depreciation$-$Professional library,$104,000,$$$9,328,],[$Equipment$,,16,582,],[$Accumulated depreciation$-$Equipment,,$23,000,],[$Accounts payable,,,$]]$