Q3. Please provide work shown as well so I can learn how to do this. Please answer in format provided in the question.

the 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: the accrual basis and that any adjustments necessary for 2023 should be allocated according to the 2023 profit allocation agreement. 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 $8,400 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: goodwill before admitting the new partner. 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 .) Allowance for Future Inventory Losses Sunland, Capital Coronado, Capital Whispering, Capital Prepaid Insurance Advances from Customers Allowance for Doubtful Accounts