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Business
Accounting
Account Title Dodot Laudry Service Unadjusted Trial Balance January 1, 2023 Cash Account Receivable Laundry Supplies Laundry Equipment Depreciation-Equipment Vehicle Depreciation-Vehicle Accounts Payable Unearned Revenue Dodot, Capital Dodot, Drawings Laundry Service Revenue Rent Expense Salaries Expense Utilities Expense Laundry Supplies Expense Debit Credit 650,000 72,000 19,000 150,000 85,000 8,000 0 0 42,000 78,000 600,000 420,000 60,000 42,000 54,000 0 1,140,000 1,140,000

Account Title Dodot Laudry Service Unadjusted Trial Balance January 1, 2023 Cash Account Receivable Laundry Supplies Laundry Equipment Depreciation-Equipment Vehicle Depreciation-Vehicle Accounts Payable Unearned Revenue Dodot, Capital Dodot, Drawings Laundry Service Revenue Rent Expense Salaries Expense Utilities Expense Laundry Supplies Expense Debit Credit 650,000 72,000 19,000 150,000 85,000 8,000 0 0 42,000 78,000 600,000 420,000 60,000 42,000 54,000 0 1,140,000 1,140,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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what accounts are needed to be adjusted in this unadjusted trial balance, and try to adjust it

Account Title Dodot Laudry Service Unadjusted Trial Balance January 1, 2023 Cash Account Receivable Laundry Supplies Laundry Equipment Depreciation-Equipment Vehicle Depreciation-Vehicle Accounts Payable Unearned Revenue Dodot, Capital Dodot, Drawings Laundry Service Revenue Rent Expense Salaries Expense Utilities Expense Laundry Supplies Expense Debit Credit 650,000 72,000 19,000 150,000 85,000 8,000 0 0 42,000 78,000 600,000 420,000 60,000 42,000 54,000 0 1,140,000 1,140,000
Transcribed Image Text:Account Title Dodot Laudry Service Unadjusted Trial Balance January 1, 2023 Cash Account Receivable Laundry Supplies Laundry Equipment Depreciation-Equipment Vehicle Depreciation-Vehicle Accounts Payable Unearned Revenue Dodot, Capital Dodot, Drawings Laundry Service Revenue Rent Expense Salaries Expense Utilities Expense Laundry Supplies Expense Debit Credit 650,000 72,000 19,000 150,000 85,000 8,000 0 0 42,000 78,000 600,000 420,000 60,000 42,000 54,000 0 1,140,000 1,140,000
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