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help!!!! The ledger of Claudell Company includes the following unadjusted normal balances: Prepaid Rent $1,900, Services Revenue $64,600, and Wages Expense $5,900. Adjusting entries are
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The ledger of Claudell Company includes the following unadjusted normal balances: Prepaid Rent $1,900, Services Revenue $64,600, and Wages Expense $5,900. Adjusting entries are required for (a) prepaid rent expired $650; (b) accrued services revenue $1,800; and (c) accrued wages expense $1,150. Prepare a 10-column worksheet with six rows for the following accounts: Prepaid Rent, Services Revenue, Wages Expense, Accounts Receivable, Wages Payable, and Rent Expense. Enter the necessary adjustments on the work sheet and complete the work sheet for these accounts. CLAUDELL COMPANY Work Sheet Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet Account Title Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Accounts Receivable 1,800 Prepaid Rent 1,900 650 Wages Payable 1,150 Services Revenue 64,600 1,800 5,900 1,150 Wages Expense Rent Expense 650Step by Step Solution
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