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 Accounts receivable 3,000 Prepaid rent 3,780 Equipment 9,400 Accounts payable $ 1,750 Toni Trenton, capital 27,090 Toni Trenton, withdrawals 7,080 Consulting revenue 30,400 Wages expense 25, 120 Insurance expense 1,640 Rent expense 8,520 Totals $ 59,240 $ 59,240 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 Adjusted Trial Balance Income Statement Balance She Statement of Ch Equity Debit $ 700 Account Debit Credit Debit Credit Debit Credit Debit Credit Cash $ 700 $ 700 3,000 3,000 3,000 3,780 9,400 9,400 9,400 1,750 Accounts receivable Prepaid rent Equipment Accounts payable Toni Trenton, capital Toni Trenton, withdrawals Consulting revenue Wages expense 1,750 27,090 27,090 7,080 7,080 7,080 30,400 4,300 34,700 34,700 3,400 28,520 28,520 1,640 Insurance expense 1,640 25,120 1,640 8,520 59,240 Rent expense Totals $ $ 59,240 Depreciation expense Accumulated depreciation, equip. Wages payable Totals $ 3,400 $ 4,300 $ 50,340 $ 63,540 $ 30,160 $ 34,700 $ 20,180 $ $ 30,160 $ 34,700 $ 20,180 $ Totals