solution part 1:
1
a.
Insurance
expense
2,807
Prepaid
insurance
2,807
2
b.
Teaching
supplies expense
2,433
Teaching
supplies
2,433
3
c.
Depreciation
expense—Equipment
11,227
Accumulated
depreciation—Equipment
11,277
4
d.
Depreciation
expense—Professional library
5,614
Accumulated
depreciation—Professional library
5,614
5
e.
Unearned
training fees
2,700
Training fees
earned
2,700
6
f.
Accounts
receivable
2,819
Tuition fees
earned
2,819
7
g.
Salaries
expense
100
Salaries
payable
100
8
h.
Rent
expense
2,097
Prepaid
rent
2,097
solution part 2: (Are you...