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The ledger of Claudell Company includes the following unadjusted normal balances: Prepaid Rent $2,100, Services Revenue $66,600, and Wages Expense $6,100. Adjusting entries are required
The ledger of Claudell Company includes the following unadjusted normal balances: Prepaid Rent $2,100, Services Revenue $66,600, and Wages Expense $6,100. Adjusting entries are required for (a) prepaid rent expired, $750; (b) accrued services revenue $2,000; and (c) accrued wages expense $1,250. Enter the necessary adjustments on a work sheet and complete the work sheet for these accounts. CLAUDELL COMPANY Work Sheet Unadjusted Trial Adjustments Adjusted Trial Balance Income Statement Balance Sheet Balance Account Title Accounts Receivable Prepaid Rent Wages Payable Services Revenue Wages Expense Rent Expense Dr. Cr Dr. Cr Dr. Cr. Dr. Cr. Dr Cr 2,100 66,600 6,100
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