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2nd time post. I need your help please!?! q3 cash basis. The partnership's books were closed at December 31, 2024, by the bookkeeper, who prepared

2nd time post. I need your help please!?! q3

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cash basis. The partnership's books were closed at December 31, 2024, by the bookkeeper, who prepared the general ledger trial balance that appears as follows: Bramble, Sunland, and Coronado General Ledger Trial Balance December 31, 2024 Debit Credit Cash $15,200 Accounts Receivable Inventory Land Buildings Allowance for Depreciation of Buildings Equipment Allowance for Depreciation of Equipment Goodwill Accounts Payable Allowance for Future Inventory Losses Bramble, Capital Sunland, Capital Coronado, Capital Totals 43,000 27,500 9,000 52,600 56,100 4,700 Your inquiries disclose the following: accrual basis and that any adjustments necessary for 2023 should be allocated according to the 2023 profit allocation agreement. should be in good form. (Do not prepare formal financial statements or formal journal entries.) (Round answers to 0 decimal places, e.g. 5,125.) 2. The following amounts were not recorded as prepayments or accruals. The advances from customers were recorded as sales in the year the cash was received. 3. In 2024, the partnership recorded a provision of $8,300 for anticipated declines in inventory prices. You convinced the partners that the provision was unnecessary and should be removed from the books. declining balance method at twice the straight-line depreciation rate. follows

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