WELLS TECHNICAL INSTITUTE Unadjusted Trial Balance December 31, 2017 Cash Accounts receivable Debit $ 27,094 Credit...

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WELLS TECHNICAL INSTITUTE Unadjusted Trial Balance December 31, 2017 Cash Accounts receivable Debit $ 27,094 Credit 0 Teaching supplies 10,420 Prepaid insurance 15,632 Prepaid rent 2,085 Professional library 31,262 Accumulated depreciation-Professional library $ 9,380 Equipment 72,935 Accumulated depreciation-Equipment 16,675 Accounts payable 34,976 Salaries payable 0 Unearned training fees 14,000 Common stock 13,000 Retained earnings 53,277 Dividends 41,684 Tuition fees earned 106,293 Training fees earned 39,599 Depreciation expense-Professional library 0 Depreciation expense-Equipment 0 Salaries expense 50,022 Insurance expense 0 Rent expense Teaching supplies expense Advertising expense Utilities expense Totals 22,935 0 7,295 5,836 $ 287,200 $287,200 WELLS TECHNICAL INSTITUTE Unadjusted Trial Balance December 31, 2017 Cash Accounts receivable Debit $ 27,094 Credit 0 Teaching supplies 10,420 Prepaid insurance 15,632 Prepaid rent 2,085 Professional library 31,262 Accumulated depreciation-Professional library $ 9,380 Equipment 72,935 Accumulated depreciation-Equipment 16,675 Accounts payable 34,976 Salaries payable 0 Unearned training fees 14,000 Common stock 13,000 Retained earnings 53,277 Dividends 41,684 Tuition fees earned 106,293 Training fees earned 39,599 Depreciation expense-Professional library 0 Depreciation expense-Equipment 0 Salaries expense 50,022 Insurance expense 0 Rent expense Teaching supplies expense Advertising expense Utilities expense Totals 22,935 0 7,295 5,836 $ 287,200 $287,200