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* A 0-A Heading 5 1 Normal 1 No Spac. Heading 1 Heading 2 Heading 6 Paragraph Styles Question 3: 17.5 marks] The following account

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* A 0-A Heading 5 1 Normal 1 No Spac. Heading 1 Heading 2 Heading 6 Paragraph Styles Question 3: 17.5 marks] The following account information for Al Awad Corporation, prepare a statement of financial position in report form for the company as of December 31, 2020. All accounts have normal balances. (Net Income JD 100800) Equipment JD 50,000 Interest Expense 2,400 Interest Payable 600 long-term Notes Receivable 12,500 Retained Eamings 161,100 Dividends 50,400 Land 150,000 Inventory 105,000 Bonds Payable 78,000 Financial Assets measured at FV through P&L 3,500 Notes Payable (due in 6 months) 24,400 Share Capital Ordinary 150,000 Accumulated Depreciation - Equip. 10,000 Prepaid Advertising 3,600 Buildings 90,500 Supplies 2,500 Treasury shares 1,000 Financial Assets measured at FV through OCI 4,500 Taxes Payable 3,000 Utilities Expense 1,320 restricted cash (petty cash) 300 Advertising Expense 1,560 Salaries and Wages Expense 53,040 Salaries and Wages Payable 900 Accumulated Dep. - Buildings 20,000 Cash 45,000 Depreciation Expense 8,000 Land Held for Investment 30,000 C Answer Question 1 Total Non-Current Assets that will be reported at 31/12/2020 statement of financial position, is: 2 Total Current Liabilities that will be reported at 31/12/2020 statement of financial position, is: 3 Total Equity that will be reported at 31/12/2020 statement of financial position, is: 4 Total Current Assets that will be reported at 31/12/2020 statement of financial position, is: 5 Amount of Property, Plant, and Equipment to be reported at 31/12/2020 statement of financial position, is: Headings 1 Normal 1 No Spac... Heading 1 Heading 2 Heading 6 Paragraph Styles To Al Awad Corporation statement of financial position as of December 31, 2020

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