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Topshow-clos Title DocuSign Microsoft Word Help Saved W GWS LES SUR LE SI. Additional Information Items a. An analysis of WTI's Insurance policies shows that $3,600 of coverage has expired. b. An inventory count shows that teaching supplies costing $3,120 are available at year-end. c. Annual depreciation on the equipment is $14400 d. Annual depreciation on the professional library is $7.200. e. On September 1, WTI agreed to do five courses for a client for $2,500 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 $12,500 cash in advance for all five courses on September 1, and WTI Credited Unearned Training Fees 1. On October 15, WT agreed to teach a four-month class (beginning immediately for an executive with payment due at the end of the class. At December 31, $11.450 of the tuition has been earned by WTI. 9. WT'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 h. The balance in the Prepaid Rent account represents rent for December WEI TECHNICAL TOITUTE Dadjusted Trace Credit 836, J L M Logitech Saved $ 26,793 0 10,304 15, 458 2,062 30,913 $ 9,275 98,000 Cash Accounts receivable Teaching supplies Prepaid insurance Prepaid rent Professional library Accumulated depreciation Professional library Equipment Accumulated depreciation-Equipment Accounts payable Salaries payable Unearned training fees Common stock Retained earnings Dividends Tuition fees earned Training fees earned Depreciation expense-Professional library Depreciation expense-Equipment Salaries expense Insurance expense Rent expense Teaching supplies expense Advertising expense Utilities expense Totals 16,489 25,000 0 12,500 27,351 75,000 41,220 OK 105, 100 39,158 ant cences 0 0 49,464 0 I 22,682 0 7.214 5.771 $ 309,881 $309.881 24 C. Esc FS FB Tal F7 FB @ B 9 Cape w E R Y U

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