Wells Technical Institute (WTI), a school owned by Tristana Wells, provides training to individuals who pay tuition directly to the school. WTI also offers training to groups in off-site locations. WTI initially records prepaid expenses and unearned revenues in balance sheet accounts. Its unadjusted trial balance as of December 31 follows, along with descriptions of items

a through h that require adjusting entries on December 31.

Additional Information Items

1. An analysis of WTI's insurance policies shows that $3,864 of coverage has expired.
2. An inventory count shows that teaching supplies costing $3,349 are available at year-end.
3. Annual depreciation on the equipment is $15,458.
4. Annual depreciation on the professional library is $7,729.
5. On September 1, WTI agreed to do five training courses for a client for $2,200 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 $11,000 cash in advance for all five training courses on September 1, and WTI credited Unearned Revenue.
6. 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, $13,500 of the tuition revenue has been earned by WTI.
7. WTI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the rate of $100 per day for each employee.
8. The balance in the Prepaid Rent account represents rent for December.

WELLS TECHNICAL INSTITUTE
Unadjusted Trial Balance
December 31
	Debit	Credit
Cash	$ 27,396
Accounts receivable	0
Teaching supplies	10,536
Prepaid insurance	15,806
Prepaid rent	2,108
Professional library	31,610
Accumulated depreciationProfessional library		$ 9,484
Equipment	103,000
Accumulated depreciationEquipment		16,861
Accounts payable		23,000
Salaries payable		0
Unearned revenue		11,000
T. Wells, Capital		111,787
T. Wells, Withdrawals	42,149
Tuition revenue		107,477
Training revenue		40,040
Depreciation expenseProfessional library	0
Depreciation expenseEquipment	0
Salaries expense	50,579
Insurance expense	0
Rent expense	23,188
Teaching supplies expense	0
Advertising expense	7,376
Utilities expense	5,901
Totals	$ 319,649	$ 319,649

Required:

1. Prepare the necessary adjusting journal entries for items a through h. Assume that adjusting entries are made only at year-end.