Activity No.2 Prepare a Report Form of SFP as of December 31, 2020. The following pieces of information were taken from XYZ Company. Use a separate sheet for your answers. Arrange the following using the Report form of ŠFP. Long Term Payable Notes Payable Property Plant and Equipment Accounts Receivable Accounts Payable Accumulated Depreciation Cash Owner's Capital Unearned Income P 600,000.00 220,000.00 850,000.00 66,000.00 75,000.00 200,000.00 97,000.00 25,345.00 344,000.00 66,700.00 47,890.00 257,840.00 224,500.00 Notes Receivable Prepaid Expenses Accrued Expenses Inventory Intangible Assets

Activity No.2 Prepare a Report Form of SFP as of December 31, 2020. The following pieces of information were taken from XYZ Company. Use a separate sheet for your answers. Arrange the following using the Report form of ŠFP. Long Term Payable Notes Payable Property Plant and Equipment Accounts Receivable Accounts Payable Accumulated Depreciation Cash Owner's Capital Unearned Income P 600,000.00 220,000.00 850,000.00 66,000.00 75,000.00 200,000.00 97,000.00 25,345.00 344,000.00 66,700.00 47,890.00 257,840.00 224,500.00 Notes Receivable Prepaid Expenses Accrued Expenses Inventory Intangible Assets

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter14: Decentralized Operations

Section: Chapter Questions

Problem 14.3E

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