T-account from unadjusted trial balance
Asked Jun 18, 2008, 07:15 AM
I have to prepare T-accounts with balances from the unadjusted trial balance.
In the Unadjusted Trial Blance, there are
1) Accumulated depreciation - A Cr $10000
2) Accumulated depreciation - B Cr $15000
10) Depreciation expense - A Dr $0
11) Depreciation expense - B Dr $0
Are these supposed to be included on the T-accounts? If so, which categories do theybelong to - assets, liabilities, or equity?
Please help! I'm stuck looking for an answer for last 3 hours:( :( :(