Part 2

Recording adjustments for accrued and prepaid expense items and unearned income. On September contained the accounts and balances shown below Problem 12.3B Objectives 12-2 12-3 30,2019, after one month of operation, the general ledger of Cross Timbers Company INSTRUCTIONS 1. Prepare a partial worksheet with the following sections: Trial Balance, Adjustments, and Adjusted Trial Balance. Use the data about the firm's accounts and balances to complete the Trial Balance section 2. Enter the adjustments deseribed below in the Adjustments section. Identify each adjustment 3. Complete the Adjusted Trial Balance section ACCOUNTS AND BALANCES with the appropriate letter. (Some items may not require adjustments.) $26,460 Dr Cash Supplies Prepaid Rent Prepaid Advertising Prepaid Interest Furniture Accumulated Depreciation-Furniture Equipment Accumulated Depreciation-Equipment 740 Dr. 4,200 Dr. 3,750 Dr. 450 Dr. 4,840 Dr. 9,000 Dr