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, 2013, 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, 2013, follow.

Additional Information Items

a.	An analysis of WTI's insurance policies shows that $3,250 of coverage has expired.
b.	An inventory count shows that teaching supplies costing $3,650 are available at year-end 2013.
c.	Annual depreciation on the equipment is $14,900.
d.	Annual depreciation on the professional library is $8,900.
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 $4,200, 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 2014.
f.	On October 15, WTI agreed to teach a four-month class (beginning immediately) for an individual for $4,700 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 $270 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, 2013
	Debit		Credit
Cash	$	51,000
Accounts receivable		0
Teaching supplies		9,700
Prepaid insurance		13,700
Prepaid rent		4,700
Professional library		52,000
Accumulated depreciationProfessional library			$	11,700
Equipment		97,000
Accumulated depreciationEquipment				16,700
Accounts payable				44,700
Salaries payable				0
Unearned training fees				21,000
Common stock				27,000
Retained earnings				97,000
Dividends		67,000
Tuition fees earned				144,300
Training fees earned				57,000
Depreciation expenseProfessional library		0
Depreciation expenseEquipment		0
Salaries expense		67,000
Insurance expense		0
Rent expense		41,500
Teaching supplies expense		0
Advertising expense		7,700
Utilities expense		8,100
Date General Journal Debit Credit Dec 31 Insurance expense 3,250 Prepaid insurance 3,250 Dec 31 Teaching supplies expense 3,650 Teaching supplies 3,650 Dec 31 Depreciation expenseEquipment 14,900 Accumulated depreciationEquipment 14,900 Dec 31 Depreciation expenseProfessional library 8,900 Accumulated depreciationProfessional library 8,900 Dec 31 Unearned training fees 8,400 Training fees earned 8,400 Dec 31 Accounts receivable 11,750 Tuition fees earned 11,750 Dec 31 Salaries expense 1,080 Salaries payable 1,080 Dec 31 Rent expense 4,700 Prepaid rent 4,700