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Step # 2: (Work Sheet # 2) Prepare the adjusted Trial Balance for December 31, 2019 Lancer's Adjusted Trial Balance December 31, 2019 Debits Credits

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Step # 2: (Work Sheet # 2) Prepare the adjusted Trial Balance for December 31, 2019 Lancer's Adjusted Trial Balance December 31, 2019 Debits Credits Cash :5 Marketable Securities Accounts Receivable Allowance for Doubtful Accounts $ Food Inventory Prepaid Rent Prepaid Insurance Investments Land Building Equipment Accumulated Depreciation Accounts Payable Income Taxes Payable Accrued Expenses Current Liabilities Dividends Payable LongTerm Debt Capital Stock PaidIn Capital in Excess of Par Retained Earnings {12.811513 From Step # 3) Totals 1' $

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