The June 30, 2023, unadjusted trial balance for Trenton Consulting after its first year of operations follows:

Required
1. Enter the unadjusted trial balance onto a work sheet.
2. Using the following additional information, enter the adjustments onto the work sheet:
a. Annual depreciation on the equipment is $1,500.
b. The balance in the Prepaid Rent account is for six months of rent commencing March 1, 2023.
c. Unpaid and unrecorded wages at June 30 totalled $3,200.
d. Accrued revenues at June 30 totalled $4,100.
3. Complete the work sheet.
4. Calculate the balance in the capital account as it would appear on the June 30, 2023, balance sheet.

Analysis Component:
What effect does a loss have on the accounting equation?

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1 AWNT 2 3 4 Home P18 Trenton Consulting Trial Balance.xlsx Insert Page Layout Formulas Data Review View fx A 14 Consulting revenue 15 Wages expense 16 Insurance expense 17 Rent expense 18 Totals Trenton Consulting Unadjusted Trial Balance June 30, 2023 5 6 7 Cash 8 Accounts receivable 9 Prepaid rent 10 Equipment 11 Accounts payable 12 Toni Trenton, capital 13 Toni Trenton, withdrawals Account B Dr. Unadjusted Trial Balance 680 2,900 3,660 9,600 6,880 24,920 1,620 8,320 58,580 C Cr. 1,730 26,650 30,200 58,580