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	$	660
Accounts receivable		2,800
Prepaid rent		3,540
Equipment		8,400
Accounts payable				$	1,710
Toni Trenton, capital					24,810
Toni Trenton, withdrawals		6,680
Consulting revenue					30,000
Wages expense		24,720
Insurance expense		1,600
Rent expense		8,120
Totals	$	56,520		$	56,520

Additional information:

1. Annual depreciation on the equipment is $1,400.
2. The balance in the Prepaid Rent account is for six months of rent commencing March 1, 2020.
3. Unpaid and unrecorded wages at June 30 totalled $3,000.
4. Accrued revenues at June 30 totalled $3,900.

Required: 1. - 3. Use the above information to complete the work sheet. 4. Calculate the balance in the capital account as it would appear on the June 30, 2020, balance sheet.