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. Its unadjusted trial balance as of December 31, 2015, follows. WTI initially records prepaid expenses and unearned revenues in balance sheet accounts. Descriptions of items a through h that require adjusting entries on December 31, 2015, follow.

Additional Information Items

a.	An analysis of WTI's insurance policies shows that $3,071 of coverage has expired.
b.	An inventory count shows that teaching supplies costing $2,662 are available at year-end 2015.
c.	Annual depreciation on the equipment is $12,285.
d.	Annual depreciation on the professional library is $6,142.
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 $2,600, and the client paid the first five months' fees in advance. When the cash was received, the Unearned Training Fees account was credited. The fee for the sixth month will be recorded when it is collected in 2016.
f.	On October 15, WTI agreed to teach a four-month class (beginning immediately) for an individual for $3,440 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 accruals are applied to the nearest half-month; for example, October recognizes one-half month accrual.)
g.	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.
h.	The balance in the Prepaid Rent account represents rent for December.

WELLS TECHNICAL INSTITUTE Unadjusted Trial Balance December 31, 2015
	Debit		Credit
Cash	$	26,491
Accounts receivable		0
Teaching supplies		10,187
Prepaid insurance		15,284
Prepaid rent		2,039
Professional library		30,565
Accumulated depreciationProfessional library			$	9,171
Equipment		71,305
Accumulated depreciationEquipment				16,303
Accounts payable				34,885
Salaries payable				0
Unearned training fees				13,000
T. Wells, Capital				64,800
T. Wells, Withdrawals		40,755
Tuition fees earned				103,924
Training fees earned				38,717
Depreciation expenseProfessional library		0
Depreciation expenseEquipment		0
Salaries expense		48,907
Insurance expense		0
Rent expense		22,429
Teaching supplies expense		0
Advertising expense		7,132
Utilities expense		5,706
Totals	$	280,800	$	280,800

1.Post the balance from the unadjusted trial balance and the adjusting entries in to the T-accounts.

2.Prepare an adjusted trial balance.