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The ledger of Claudell Company includes the following unadjusted normal balances: Prepaid Rent $2,300, Services Revenue $68,600, and Wages Expense $6,300. Adjustments are required
The ledger of Claudell Company includes the following unadjusted normal balances: Prepaid Rent $2,300, Services Revenue $68,600, and Wages Expense $6,300. Adjustments are required for (a) prepaid rent expired $850; (b) accrued services revenue $2,200; and (c) accrued wages expense $1,350. Enter the necessary adjustments on the following work sheet and complete the work sheet for the given accounts. CLAUDELL COMPANY Work Sheet Balance Sheet & Statement of Owner's Equity Credit Adjustments Adjusted Trial Balance Income Statement Credit Debit Credit Debit Credit Debit Credit Debit Account Title Unadjusted Trial Balance Debit Accounts Receivable Prepaid Rent 2,300 Wages Payable Services Revenue 68,600 Wages Expense 6,300 Rent Expense
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