Seved 6 Required information The following Information applies to the questions displayed below Wells Technical Institute (WT) provides training to individuals who pay tuition directly to the school. WTI also offers trait to groups in off-site locations. WT Initially records prepaid expenses and uneared revenues in balance sheet account Its unadjusted trial balance as of December 31 follows, along with descriptions of items a through hthat require adjustir entries on December 31 Additional Information a. An analysis of WTI's insurance policies shows that $2.400 of coverage has expired. b. An Inventory count shows that teaching supplies costing $2.800 are available at year-end. c. Annual depreciation on the equipment is $13,200 d. Annual depreciation on the professional library is $7.200 e. On September WTI agreed to do five training courses for a client for $2.500 each. Two courses will start immediatel and finish before the end of the year. Three courses will not begin until next year. The client paid $12.500 cash in advance for all five training courses on September and WTI credited Uneared 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, 57500 of the tuition revenue has been eamed by WTL 9. WTi's two employees are paid weekly. As of the end of the year, two days Salones have accrued at the rate of $100 pe day for each employee h. The balance in the Prepaid Rent account represents tent for December WELLS TECHNICAL INSTITUTE Unadjusted Trial Balance December 31 Det $ 34,000 3.00 12,000 3,000 35,000 50,00 30,000 15,000 25,000 Cash Accounts receivable Teaching supplies Prepaid insurance Prepaid rent Professional Library Accumulated depreciation Professional Library Equipment Accumulated depreciation Equipment Accounts payable Saardes payable Unearned revenue Comon stock Betained earnings Dividends Tuition revenue Training revenue Depreciation expense Professional Library Depreciation expense-toupent Salaries expense Insurance expense Rent expense Teaching supplies expense Advertising expense utilities expense 12,500 30.000 30,00 50,000 123.900 50.000 33,000 5.000 Prey ework 50,000 B 33,000 vepreciation expenserroressional prary Depreciation expense-Equipent Salaries expense Insurance expense Rent expense Teaching supplies expense Advertising expense Utilities expense Totals 6,000 6,400 $317.00 5 317,400 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. Reg 2 Reg 28 Post the balance from the unadjusted trial balance and the adjusting entries into the accounts: Cash Equipment Unadused Balance Unadjusted Balance 0 Adjusted Balance 0 Agusted Balance Accounts Receivable Accumulated Depreciation Equip Unadjusted Balance Unadjusted Balance Adjusted Balance 0 Adjusted Balance Accounts Payable Teaching Supplies Unadjusted Balance Unadjusted Balance 0 Adjusted Balance 0 Adjusted Balance Prepaid Insurance Salaries Payable Unadjusted Balance Unadjusted Balance