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Seved The June 30, 2020, unadjusted trial balance for Trenton Consulting after its first year of operations follows Trenton Consulting Unadjusted Trial Balance June 30,
Seved 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 $ 630 Accounts receivable 2,658 Prepaid rent 3,360 I Equipment 8,100 Accounts payable $ 1,680 Toni Trenton, capital Toni Trenton, withdrawals 23,550 6,380 Consulting revenue 29,700 Wages expense 24,420 Insurance expense 1,570 Rent expense 7,820 Totals $ 54,930 $54,930 Additional information: a. Annual depreciation on the equipment is $1,250. The balans the Dronald Dan mina March 3030 Help Save & Exit Submit a. Annual depreciation on the equipment is $1,250. 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 $2,700. d. Accrued revenues at June 30 totalled $3,600. 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 Stat Account Debit Credit Debit Credit Debit Credit Cash $ 630 $ 630 630 Debit $ 630 Credit $ Accounts receivable 2,650 Prepaid rent 3,360 Equipment 8,100 www Prev 1 of 1 Next Saved Unadjusted Trial Balance Help Save & Ext Submit Adjustments Adjusted Trial Balance Income Statement Account Debit Credit Debit Credit Debit Credit Debit Credit Cash $ 630 630 $ 630 $ 630 Accounts receivable 2,650 Prepaid rent 3,360 Equipment 8,100 Accounts payable 1,680 Toni Trenton, capital 23,550 Toni Tronton, withdrawals 6,380 29,700 Consulting revenue 24,420 Wages expense 1,570 Insurance expense 7,820 Rent expense Totals Depreciation expense Accumulated depreciation, equip. Wages payable Totals $ 54,930 $ 54,930 $ 630 $ 0 $ 630 $ 0 $ 630 $ 0 $ 1 al Balance Credit $ Book rences 1,680 23,550 29,700 $ 54,930 Adjustments Adjusted Trial Balance Income Statement Statement of Changes in Equity Debit Credit Debit Credit Debit Credit Debit Credit 630 $ 630 $ 630 $ 630 $ 630 $ 0 $ 630 $ 0 $ 630 $ 630 $ 0 S 0 Help Save & Exit Submit Totals 05 630 $ 0 $ 630 $ S 630 $ 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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