Question: Problem 4-2A Completing a work sheet L01 The June 30, 2020, unadjusted trial balance for Trenton Consulting after its first year of operations follows: Trenton


Problem 4-2A Completing a work sheet L01 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 s 770 Accounts receivable 3,350 Prepaid rent 4,200 Equipment 8,700 Accounts payable $ 1,820 Toni Trenton, capital 28, 630 Toni Trenton, withdrawals 7,780 Consulting revenue 31, 100 Tages expense 25,820 Insurance expense 1,710 Rent expense 9,220 Totals $ 61,350 $61,550 Additional information a. Annual depreciation on the equipment is $1.950. 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 $4,100 d. Accrued revenues at June 30 totalled $5.000. Required: 1-3. Use the above information to complete the worksheet TRENTON CONSULTING Work Sheet For Year Ended June 30, 2020 Adjustments Adjusted Trial Balance Income Statement Balance Sheet Statement of Changes in Equity Debit Credit Debit Credit Debit Credit Deba Cred Account Cash Accounts receivable Prepaid rent Equipment Accounts payable Toni Trenton capital Toni Trento withdrawals Consulting revenue Wages pense Insurance expense Rent expense Totats Depreciation expense Accumulated depreciation equip Wages payable Totals Unadjusted Trial Balance Dobit Credit S 770 3350 4200 8.700 1.120 28 630 7700 31,100 25.120 1.710 9.220 551550 561,550 Total 4. Calculate the balance in the capital account as it would appear on the June 30, 2020, balance sheet Balance in the capital account
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