Consider the partial adjusted trial balance of Lisa Landscaping
at December 31, 2020.
LISA LANDSCAPING
Adjusted Trial Balance
December 31, 2020
Account Title Debit Credit
Cash $22,000
Supplies 8,000
Prepaid Rent 5,500
Equipment 66,000
Accumulated Depreciation-Equipment $10,650
Accounts Payable 6,250
Salaries Payable 1,250
A. Lisa, Capital 52,320
A. Lisa, Withdrawals 11,250
What is the book value of property, plant, and equipment?
$55,350
$76,650
$10,650
$66,000