Willis Consulting follows the approach of recording prepaid expenses as expenses and unearned revenues as revenues. Willis's unadjusted trial balance for the year ended March 31, 2014, follows.

Additional information:
a. A review of the Consulting Fees Earned account showed that $6,400 of the balance has not yet been earned.
b. The balance in the Rent Expense account was paid on January 15, 2014, and represents seven months of rent beginning February 1, 2014.
c. It was determined that $1,900 of the balance in the Insurance Expense account was used by March 31, 2014.
Required
Refer to Exhibit 3.22 and use the information provided to complete the columns above.

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Willis Consulting Trial Balances March 31, 2014 Adjusted Trial Balance Trial Balance Account Dr. Cr. Dr Dr. 32,000 7 Cash 8 Accounts receivable 9 Prepaid rent 10 Prepaid insurance 11 Accounts payable 12 Unearned consulting fees 13 Bruce Willis, capital 14 Consulting fees earned 15 Rent expense 16 Insurance expense 17 Totals 63,000 5 16,000 38,400 82,000 38,990 2,410 136,400 $136,400