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9 pints eBook Print References Problem 4-2A Completing a work sheet LO1 The June 30, 2020, unadjusted trial balance for Trenton Consulting after its first year of operations follows: Trenton Consulting Unadjusted Trial Balance June 30, 2020 Unadjusted Trial Balance Account Debit Credit Cash $ 700 3,000 Accounts receivable Prepaid rent Equipment 3,780 9,400 Accounts payable $ 1,750 Toni Trenton, capital. 27,090 Toni Trenton, withdrawals 7,880 Consulting revenue. 30,400 Wages expense 25,120 1,640 Insurance expense Rent expense 8,520 Totals $ 59,240 $ 59,240 ces Additional information: a. Annual depreciation on the equipment is $1,600. b. The balance in the Prepaid Rent account is for six months of rent commencing March 1, 2020. c. Unpaid and unrecorded wages at June 30 totalled $3,400. d. Accrued revenues at June 30 totalled $4,300. Required: 1.-3. Use the above information to complete the work sheet. TRENTON CONSULTING Work Sheet For Year Ended June 30, 2020 Unadjusted Trial Balance. Adjustments Account Debit Credit Cash Accounts receivable. $ 700 3.000 Debit Credit Adjusted Trial Balance Debit Credit Income Stat Debit Account Cash Accounts receivable Prepaid rent Equipment Accounts payable Toni Trenton, capital Toni Trenton, withdrawals Consulting revenue Wages expense Insurance expense Rent expense Unadjusted Trial Balance Debit Credit $ 700 3,000 3,780 9,400 7,080 25,120 1,640 8,520 1,750 27,090 30,400 TRENTON CONSULTING Work Sheet For Year Ended June 30, 2020 Adjustments Debit Credit Adjusted Trial Balance. Debit Credit Income Stat Debit FOR TROR, Capila Toni Trenton, withdrawals Consulting revenue Wages expense Insurance expense Rent expense Totals Depreciation expense Accumulated depreciation, equip. Wages payable Totals Totals 21,000 7,080 30,400 25,120 1,640 8,520 $ 59,240 $ 59,240 4. Calculate the balance in the capital account as it would appear on the June 30, 2020, balance sheet. Balance in the capital account ces