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please correct my errors Additional information Items a. An analysis of WTis insurance policies shows that $2,542 of eoverage has expired b. An inventory count
please correct my errors
Additional information Items a. An analysis of WTis insurance policies shows that $2,542 of eoverage has expired b. An inventory count shows that teaching supplies costing 52,204 ore avalibble ot year-end. c. Annual depreciabon on the equipment is $10.170 d. Annual depreclation on the mrafessional library is $5,085. e. On September 1, WTI agreed to do five training courses for a client for $2700 each. Two courses will start immediately and hisish before the end of the year. Three courses will not begin unti next year. The client paid $13,500 cash in advance for all five training courses on September 1, and WTI credited Unearned Revenue. f. On October 15, WTr agreed to teach a four-month class (beginning immediately) for an executive with poyment due ot the end of the class. At December 31, \$5,748 of the tution revenue has been earned by WTI 9. WIis two employees are paid weekly. As of the end of the yeac two doys' salaries have acerued at the rate of 5100 per day for each employee h. The balance in the Prepaid Rent account reprosents rent for Decembee Required: 1. Prepare the necessary adjusting journal entries for items a through i Assume that adjusting entries are made only at yearend Step by Step Solution
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