the school. WTI alas offeru traintry to groupe in offerte loonthons. WTI intulty recorda prepald expernes and ursearmed Thernt o through h that require odfustting entries on December 31. Addidarml triformathon fioms a. An analyole of WTTE inturance policles shows thet \$A,29 uf coverage has explred. b. An trvertory count showe thst teaching supplles costling 83,678 are mvalnble at year and. c. Annual deprecidton on the equapment is $16,515. d. Arnual deprecietion on the profeccional library is $8,258. e. On September 1, WTI egreed to do five training courses for a cllent for $2,900 each. Fwo courses will start Immediately and finkeh before the end of the yeat. Three courses will not begin unel nexd year. The client pnid \$14,500 cash in advance for all five tralining courses on September 1, and WII credited Uinearned Revenue. 1. On October 15, WTI agreed to teach a foummonth class (beginning Immediately) for an executve with payment due at the end of the clasc. At December 31, \$13,050 of the tuftlon revenue has been earned by WTL. 9. WTi's two emplayeed are pald weeldy. As of the end of the year, two days' salarles have accrued at the rate of \$100 per day far each employee. h. The balance in the Prepald Rent account represents rent for Decembet. 3-a. Prepare Wells Technical inathute's Income statement for the year, 3-b. Prepare Weli: Technical lastiture's statement of owner's equity for the yeac. The T. Weliz, Capital account baiance was SiO1,35l on December St of the arloryesr, snd the we were no owner Investments In the current yest: 3-c. Piepore Weils Technicol Instrute's bolsnce aheet os of December 3L