Journal entry worksheet An analysis of GTI's insurance policies shows that $2,600 of coverage has expired. Note: Enter debits before credits. Journal entry worksheet Annual depreciation on the equipment is $6,200. Note: Enter debits before credits. Journal entry worksheet An inventory count shows that teaching supplies costing $3,400 are available at year-end 2017. Note: Enter debilits before credits. Journal entry worksheet GTI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the rate of $200 per day for each employee. Note: Enter debits before credits. Griffin Technical Institute (GTI), a school owned by Rita Griffin, provides training to individuals who pay tuition directly to the school. GTI also offers training to groups in off-site locations. Its unadjusted trial balance as of December 31 , is found on the trial balance tab. GTI initially records prepald expenses and unearned revenues in balance sheet accounts. Descriptions of items a through h that require adjusting entries on December 31 . a. An analysis of GTI's insurance policies shows that $2,600 of coverage has expired. b. An inventory count shows that teaching supplies costing $3,400 are avaliable at year-end. c. Annual depreciation on the equipment is $6,200. d. Annual depreciation on the professional library is $11,800. e. On September 1 , GTI agreed to do five courses for a client for $3,400 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 $17,000 cash in advance for all five courses on September 1 , and GTI credited Unearned Training Fees. f. On October 15, GTI agreed to teach a four-month class (beginning immediately) for an executive with payment due at the end of the class. At December 31,$8,000 of the tuition has been earned by GTL. g. GTI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the fate of $200 per day for each employee. h. The balance in the Prepaid Rent account represents rent for December, Unadjusted \begin{tabular}{|l|l|l|l|} \hline \multirow{2}{*}{ Adjusting entry related to: } & \multicolumn{2}{|c|}{Accountaffoctingthe:income} \\ \hline a. Insurance & & & \\ \hline b. Teaching supplies & & & \\ \hline c. Depreciation - equipment & & & \\ \hline d. Depreciation - library & & & \\ \hline e. Training fees & & & \\ \hline f. Tuition & & & \\ \hline g. Salaries & & & \\ \hline h. Rent & & & \\ \hline Total impact on income due to adjustments & & \\ \hline Net income before adjustments & & \\ \hline Net income after adjustments & \\ \hline \end{tabular} Unadjusted Griffin Technical Institute Income Statement For Year Ended December 31 \begin{tabular}{|l|l|l|} \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular} Journal entry worksheet On October 15, GTI agreed to teach a four-month class (beginning immediately) for an executive with payment due at the end of the class. At December 31,$8,000 of the tuition has been earned by GTI. Note: Enter debits before credits. Journal entry worksheet \begin{tabular}{llllll}