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The ledger of Claudell Company Includes the following unadjusted normal balances: Prepaid Rent $2,500, Services Revenue $70,600, and Wages Expense $6,500. Adjustments are required for
The ledger of Claudell Company Includes the following unadjusted normal balances: Prepaid Rent $2,500, Services Revenue $70,600, and Wages Expense $6,500. Adjustments are required for (a) prepaid rent expired $950; (b) accrued services revenue $2,400; and (c) accrued wages expense $1,450. Enter the necessary adjustments on the following work sheet and complete the work sheet for the given accounts. CLAUDELL COMPANY Work Sheet Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Account Title Balance Sheet & Statement of Owner's Equity Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit 2.500 Accounts Receivable Prepaid Rent Wages Payable Services Revenue Wages Expense 70,600 6.500 Rent Expense
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