Below is the unadjusted trial balance for Dawson Designs.
REQUIRED:
(1) Identify the errors in the trial balance. All accounts have normal balances.
(2) Prepare a corrected trial balance. 
Definitions:
Living Expenses
costs associated with day-to-day life, such as housing, food, and transportation.
Percent Rate
The percentage that indicates the rate at which a certain value, such as interest, increases or decreases.
Percent Rate
a rate that describes a portion of a hundred in finance, often related to interest or growth rates.
Portion
A part or segment of the whole, often expressed as a fraction or percentage.
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