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nnect mhedc urnUrl: https%3A%2F%2Fo ucation com%2fpaamweb%2Frderhtm" - Search. Chapter Help a. An analysis of WTI's insurance policies shows that $3,732 of coverage has expired b. An inventory count shows that teaching supplies costing $3,235 are available at year-end 2017 c. Annual depreciation on the equipment is $14,929 d. Annual depreciation on the professional library is $7.464 e. On November 1, WTI agreed to do a special six-month course (starting immediately) for a client. The contract calls for a monthly fee of $2,700, and the client paid the first five months' fees in advance. When the cash was received, the Unea ned Training Fees account was credited. The fee for the sixth month will be recorded when it is collected in 2018 f. On October 15, WTI agreed to teach a four-month class (beginning immediately) for an individual for $4,640 tuition per month payable at the end of the class. The class started on October 15, but no payment has yet been received (WTI's ccruals are applied to the nearest half-month, for example, October recognizes one-half month accrual) g. WI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the rate of $100 per h. The balance in the Prepaid Rent account represents rent for December. day for each employee WELLS TECHNICAL INSTITUTE Unadjusted trial Balance December 31, 2017 Debit 28,302 Cash Accounts receivwable Teaching supplles Prepaid insurance Prepaid rent Professional library Accumulated 10,884 16,329 2, 178 32, 655 Prev 34ofsolll Next > GEceived everythiag lneedec

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