1: The following are the balances of ABC Wholesale Company. As an Accountant, you are required to prepare a balance sheet for the ABC Wholesale Company. ABC Wholesale Company December 31, 2021 Particulars (20 marks) Sales Revenue Salaries and wages Short-Term Investments Long-Term Debt RM 500,000 46700 2810 16257 Accounts Receivable 2727 Prepaid Expenses 2026 10 year Hong Leon Bank Loan 45409 Net Property, Plant & Equipment 27466 Property, Plant & Equipment 60940 Accounts Payable Buildings Land & Improvements 2315 31809 1406 Machinery & Equipment 52674 Sales commission 6000 Cost of goods sold 30,000 Short Term Debt 7124 Sales, General & Administrative (SG&A) 5000 Utilities 1500 Other Current Liabilities 9907 Repair and maintenance expense 600 Rent expense 5600 Long-term Notes Payable 15135 Common Equity Insurance expense Retained Earnings 23581 450 9682