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Post the balance from the unadjusted trial balance and the adjusting entries into the $T-$accounts.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. WTI initially records prepaid expenses and unearned

revenues in balance sheet accounts. Its unadjusted trial balance as of December $31$ follows, along with descriptions of

items a through $h$ that require adjusting entries on December $31.$

Additional Informatlon

a$.$ An analysis of WTI's insurance policies shows that $$2,400$ of coverage has expired.

b$.$ An inventory count shows that teaching supplies costing $$2,800$ are available at year$-$end.

c$.$ Annual depreciation on the equipment is $$13,200.$

d$.$ Annual depreciation on the professional library is $$7,200.$

e$.$ On September $1.$ WTI agreed to do five training 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 training courses on September $1,$ and WTI credited Unearned Revenue.

f$.$ On October $15.$ WTI agreed to teach a four$-$month class $($beginning immediately$)$ for an executive with payment due

at the end of the class. At December $31,$$$7,500$ of the tuition revenue has been earned by WTI.

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.

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