参考资料

Let's break down and solve the Unadjusted Trial Balance provided for Wells Technical Institute step-by-step. The trial balance is a list of all the accounts in the general ledger, showing their balances. Each account can have either a debit or a credit balance, and in a trial balance, the total debits should equal the total credits.

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, 2017, follows. WTI initially records prepaid expenses and unearned revenues in balance sheet accounts.

Wells Technical Institute (WTI), a school owned by Tristana Wells, provides training to individuals whopay tuition directly to the school. WTI also offers training to groups in off-site locations. Its unadjustedtrial balance as of December 31, 2017, follows. Descriptions of items athrough hthat require adjustingentries on December 31, 2017, follow.