13-4 arious liabilities 2. Prepare vester at December 31, 2021. year, included the following account balances. Manufacturing's 2021 financial statements were issued on The unadjusted trial balance of the Manufacturing Equitable at December 31, 2021, the end of its fiscal LO13-1 through LO13-4 April 1, 2022. Other information: Accounts receivable. Accounts payable 10% notes, payable to bank Mortgage note payable $ 92,500 35,000 600,000 1,200,000 a. The bank notes, issued August 1, 2021, are due on July 31, 2022, and pay interest at a rate of 10%, payable b. The mortgage note is due on March 1, 2022. Interest at 9% has been paid up to December 31 (assume 9% i maturity. realistic rate). Manufacturing intended at December 31, 2021, to refinance the note on its due date with a nes 10-year mortgage note. In fact, on March 1, Manufacturing paid $250,000 in cash on the principal balance and refinanced the remaining $950,000. c. Included in the accounts receivable balance at December 31, 2021, were two subsidiary accounts that had been overpaid and had credit balances totaling $18,000. The accounts were of two major customers who were expected to order more merchandise from Manufacturing and apply the overpayments to those future purchases. d. On November 1, 2021, Manufacturing rented a portion of its factory to a tenant for $30,000 per year, payable in advance. The payment for the 12 months ended October 31, 2022, was received as required and was cred ited to rent revenue. Required: 1. Prepare any necessary adjusting journal entries at December 31, 2021, pertaining to each item of other infor mation (a-d). 2. Prepare the current and long-term liability sections of the December 31, 2021, balance sheet. Somatimae nom