Wells Technical Institute (WTI) 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 $3,335 of coverage has expired.
2. An inventory count shows that teaching supplies costing $2,891 are available at year-end.
3. Annual depreciation on the equipment is $13,342.
4. Annual depreciation on the professional library is $6,671.
5. On September 1, WTI agreed to do five training courses for a client for $2,700 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 $13,500 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, $9,653 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	$ 27,094
Accounts receivable	0
Teaching supplies	10,420
Prepaid insurance	15,632
Prepaid rent	2,085
Professional library	31,262
Accumulated depreciationProfessional library		$ 9,380
Equipment	97,000
Accumulated depreciationEquipment		16,675
Accounts payable		23,000
Salaries payable		0
Unearned revenue		13,500
Common stock		23,818
Retained earnings		79,000
Dividends	41,684
Tuition revenue		106,293
Training revenue		39,599
Depreciation expenseProfessional library	0
Depreciation expenseEquipment	0
Salaries expense	50,022
Insurance expense	0
Rent expense	22,935
Teaching supplies expense	0
Advertising expense	7,295
Utilities expense	5,836
Totals	$ 311,265	$ 311,265

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