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The June 30 , 2017 , unadjusted trial balance for Trenton Consulting after its first year of operations follows : Trenton Consulting Unadjusted...
financial accounting 1 work sheet
financial accounting !!!The June 30 , 2017 , unadjusted trial balance for Trenton Consulting after its first year of operations follows :"Trenton ConsultingUnadjusted Trial BalanceJune 30 , 2017\UnadjustedTrial BalanceAccountDebit\CreditCashYOUIccounts receivable*3, 400Prepaid rent\41 6DUEquipment\8, 600Accounts payable\1, 8305Toni Trenton , Capital28 , 850oni Trenton , withdrawalsConsulting revenue*31 , 200wages expense25 , 920Insurance expense1 . 720Rent expense9. 0 60Totals61 , 88061 , 880Additional information :"2 . Annual depreciation on the equipment is $2 , 000 .`6 . The balance in the Prepaid Rent account is for six months of rent commencing March 1 , 2017 .C. Unpaid and unrecorded wages at June 30 totalled $4 , 200 .\d . Accrued revenues at June 30 totalled $5 , 100 .\Required :`1 . - 3 . Use the above information to complete the work sheet ."TRENTON CONSULTINGWork SheetFor Year Ended June 30 , 2017Balance Sheet &Unadjusted Trial Balance*AdjustmentsAdjusted Trial Balance*Income StatementStatement of Changes inEquityAccountDebitCreditDebitCreditDebitDebitCreditDebitCreditCash780\Accounts receivable*3. 400*Prepaid rent\Equipment*8. 600Accounts payable*1 , 830|\Toni Trenton , capital28 , 850\Toni Trenton , withdrawal7 , 880Consulting revenue*31 , 200Wages expense25 , 920|Insurance expense*1 , 720Rent expense9 , 320|Totals$ 61 , 880 | $ 61 , 880*Depreciation expense*\Accumulated depreciation , equip ."Wages payable\Totals\Totals4 . Calculate the balance in the capital account as it would appear on the June 30 , 2017 , balance sheet .Balance in the capital account*