Alpaca Company presented the following unadjusted trial balance. As you can see, the trial balance is not balanced since the former accountant made several errors.

ALPACA CORPORATION
TRIAL BALANCE
JAN 31, 2020
	DEBIT	CREDIT
Cash	$ 10,000
Accounts Receivable	80,000
Equipment	120,000
Accounts Payable		$ 48,000
Wages Payable		0
Capital, Moose		123,200
Service Revenues		86,000
Wages Expense	16,200
Rent Expense	14,000
Insurance Expense	12,000
Utilities Expense	3,000
TOTAL	$ 255,200	$ 257,200

After reviewing the financial records, you found the following four errors:

1. Cash revenues of $10,000 had completely been omitted. They had not been recorded at all.
2. A customer had paid cash of $20,000 for accounts receivable. The previous accountant, erroneously, debited accounts receivable $20,000 and credited cash $20,000.
3. Accrued unrecorded wages of $3,000.
4. An entry for rent was correctly recorded. However, when the accountant posted the amount on the ledger, the posted amount was $200 instead of $2,200.

REQUIRED:

1. Prepare four properly formatted journal entries to correct the above four errors
2. Prepare a corrected and properly formatted trial balance as at Jan 31, 2020
3. Please explain why you come up with those number, be specific.
4. Remember to respond in essay format (except when recording journal entries or showing calculations. N.B: For parts that ask for the journal entry, it is easier to simply write the journal entry in journal entry format rather than trying to explain a journal entry in essay format.