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vladimir2022 [97]
3 years ago
15

The ledger of Claudell Company includes the following unadjusted normal balances: Prepaid Rent $1,000, Services Revenue $55,600,

and Wages Expense $5,000. Adjusting entries are required for (a) prepaid rent expired $200; (b) accrued services revenue $900; and (c) accrued wages expense $700. Prepare a 10-column worksheet with six rows for the following accounts: Prepaid Rent, Services Revenue, Wages Expense, Accounts Receivable, Wages Payable, and Rent Expense. Enter the necessary adjustments on the work sheet and complete the work sheet for these accounts.
Business
1 answer:
Vinil7 [7]3 years ago
3 0

Answer:

due to a lack of space, I prepared the 10 column worksheet on an excel spreadsheet

Explanation:

Prepaid Rent $1,000

Services Revenue $55,600

Wages Expense $5,000

a) Dr Rent expense 200

    Cr Prepaid rent 200

b) Dr Accounts receivable 900

    Cr Service revenue 900

c) Dr Wages expense 700

    Cr Wages payable 700

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Source: https://www.stlouisfed.org/education/economic-lowdown-podcast-series/episode-9-functions-of-money
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3 years ago
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FinnZ [79.3K]

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