Question: need help solving all of this please help. Garcla Technical Institute (GTI), a school owned by Jose Garcla, provides training to individuais who pay tuition

need help solving all of this please help.
 need help solving all of this please help. Garcla Technical Institute
(GTI), a school owned by Jose Garcla, provides training to individuais who
pay tuition directly to the school. GTI also offers training to groups
in off-site locations. Its unadjusted trial balance as of December 31, 2022,
is found on the trial balance tab. GTI initially records prepaid expenses
and unearned revenues in balance sheet accounts. Descriptions of items a through
h that require adjusting entries on December 31 follow. a. An analysis
of GTI's insurance policies shows that $2,550 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 $6,400. d. Annual depreciation

Garcla Technical Institute (GTI), a school owned by Jose Garcla, provides training to individuais who pay tuition directly to the school. GTI also offers training to groups in off-site locations. Its unadjusted trial balance as of December 31, 2022, is found on the trial balance tab. GTI initially records prepaid expenses and unearned revenues in balance sheet accounts. Descriptions of items a through h that require adjusting entries on December 31 follow. a. An analysis of GTI's insurance policies shows that $2,550 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 $6,400. d. Annual depreciation on the professional library is $12,200. e. On November 1, GTI agreed to do a special six-month course (starting immedlately) for a client. The contract calls for a monthly fee of $3,000, and the client paid the first five months' fees in advance. When the cash was recelved, the Unearned Training Fees account was credited. f. On October 15, GTI agreed to teach a four-month class (beginning immediately) for an executive with payment due at the end of the class. At December 31, $3,200 of the tuition has been earned by GTI. 9. GTI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the rate of $160 per day for each employee. h. The balance in the Prepald Rent account represents rent for December. For transactions ah, review the unadjusted balance and prepare the adjusting entry necessary to correctly report the revenue earned or the expense incurred. Each adjustment is posted automatically to the general ledger and trial balance as soon as you click "record entry". Journal entry worksheet 678 An inventory count shows that teaching supplies costing $3,120 are available at year-end. Note: Enter debits before credits. Journal entry worksheet 2 On November 1, GTI agreed to do a special six-month course (starting immediately) for a client. The contract calls for a monthly fee of $3,000, and the client paid the first five months' fees in advance. When the cash was received, the Unearned Training Fees account was credited. Note: Enter debits before credits. Journal entry worksheet 2 On October 15, GTI agreed to teach a four-month class (beginning immediately) for an executive with payment due at the end of the class. At December 31,$3,200 of the tuition has been earned by GTI. Note: Enter debits before credits. Journal entry worksheet GTI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the rate of $160 per day for each employee. Note: Enter debits before credits. Journal entry worksheet 2 5 The balance in the Prepaid Rent account represents rent for December. Note: Enter debits before credits. Use the drop-downs to select the accounts properly included on the income statement. The unadjusted or adjusted balances will appear for each account, based on your selection. Adjusted Garcla Technical Institute Balance Sheet December 31, 2022 Assets Current assets \begin{tabular}{|c|c|c|} \hline & $0 & \\ \hline ; & 0 & \\ \hline & 0 & \\ \hline & 0 & \\ \hline & 0 & \\ \hline & 0 & \\ \hline & & s \\ \hline \multicolumn{3}{|l|}{ Plant assets } \\ \hline & s & \\ \hline & 0 & m, \\ \hline & & 0 \\ \hline & 0 & \\ \hline & 0 & \\ \hline & & 0 \\ \hline & & 0 \\ \hline & & $ \\ \hline \end{tabular} Liabilitios Current liabilities \begin{tabular}{|l|l|l|l|} \hline & \$ & 0 & \\ \hline & & 0 & \\ \hline & & 0 & \\ \hline & & 0 & \\ \hline & & $ & 0 \\ \hline \end{tabular} Equity \begin{tabular}{|l|r|r|r|} \hline \multicolumn{2}{|c|}{} & \multicolumn{2}{|c|}{} \\ \hline \multicolumn{2}{|c|}{ Equity } & & \\ \hline \multicolumn{2}{|c|}{} & & \\ \hline & & 0 & \\ \hline & & & 0 \\ \hline & & $ & 0 \\ \hline \end{tabular} St of Retained Earnings Impact on incon For each adjustment, indicate the income statement and balance sheet account affected, and the impact on net Income. If an adjustment caused net income to decrease, enter the amount as a negative value. Net income before adjustments can be found on the income statement tab. (Hint: Select unadjusted on the drop-down.) Show less A

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