BAKESHOP FS (1/3)

PLEASE NOTE: Chegg only allows me to upload one picture per question. There are 3 pictures needed to complete these questions. The picture below is the FIRST PIC and you will need to connect it with the SECOND PIC and THIRD PIC. I will give the points as well on the SECOND PIC and THIRD PIC for the inconvenience. IT WILL BE TITLED:

BAKESHOP FS (2/3) https://www.chegg.com/homework-help/questions-and-answers/bakeshop-fs-2-3-continuation-first-question-titled-bakeshop-fs-1-3--please-go-back-want-se-q57983654?trackid=DIJvQckh

BAKESHOP FS (3/3) https://www.chegg.com/homework-help/questions-and-answers/bakeshop-fs-3-3-last-continuation-second-question-titled-bakeshop-fs-2-3--q57984004?trackid=DIJvQckh

Based on the given below, prepare the following:

a. Statement of Financial Position b. Statement of Comprehensive Income c. Statement of Changes in Shareholders Equity d. Statement of Cash Flows e. Notes to Financial Statements f. Dividend Allocation

Spring Bake Shop started operating on January 1, 2019. Provided below is the adjusted trial balance for two years

The link is for 2nd and 3rd pic is already attached above.

Spring Bake Shop Corporation Adjusted Trial Balance December 31 2020 2019 Debit Debit Credit 5,500,000.00 819,500.00 Credit 5,800,000.00 807,300.00 3,685,000.00 3,350,000.00 260,000.00 1,400,000.00 1,420,000.00 1,600,000.00 73,700.00 110,000.00 700,000.00 700,000.00 800,000.00 67,000.00 5% Preference share capital, P100 par Accounts payable Accounts receivable Accumulated depreciation - Building Accumulated depreciation - Cooking equipment Accumulated Depreciation - Office equipment Accumulated depreciation - Store equipment Allowance for doubtful accounts Building Cash Cooking equipment Cost of goods sold Depreciation expense - building Depreciation expense - office equipment Depreciation expense - store equipment Dividends payable Doubtful accounts Finished goods inventory Freight-out Income tax expense Income tax payable Insurance expense of goods sold in transit Interest expense Interest income Land Loss due to fire Notes payable, due on December 31, 2021 Office equipment Office supplies 7,500,000.00 821,480.00 3,500,000.00 22,744,988.00 150,000.00 720,000.00 800,000.00 5,500,000.00 887,410.00 3,500,000.00 21,201,730.00 110,000.00 700,000.00 800,000.00 ? ? 6,700.00 1,374,912.00 2,144,700.00 2,891,080.00 67,000.00 1,354,320.00 1,949,700.00 2,545,940.00 2,889,580.00 2,544,740.00 428.940.00 96,000.00 389,940.00 60,000.00 100,000.00 20,000.00 7,000,000.00 500,000.00 4,000,000.00 0.00 800,000.00 500,000.00 3,600,000.00 17.870.00 3,500,000.00 16,250.00 Spring Bake Shop Corporation Adjusted Trial Balance December 31 2020 2019 Debit Debit Credit 5,500,000.00 819,500.00 Credit 5,800,000.00 807,300.00 3,685,000.00 3,350,000.00 260,000.00 1,400,000.00 1,420,000.00 1,600,000.00 73,700.00 110,000.00 700,000.00 700,000.00 800,000.00 67,000.00 5% Preference share capital, P100 par Accounts payable Accounts receivable Accumulated depreciation - Building Accumulated depreciation - Cooking equipment Accumulated Depreciation - Office equipment Accumulated depreciation - Store equipment Allowance for doubtful accounts Building Cash Cooking equipment Cost of goods sold Depreciation expense - building Depreciation expense - office equipment Depreciation expense - store equipment Dividends payable Doubtful accounts Finished goods inventory Freight-out Income tax expense Income tax payable Insurance expense of goods sold in transit Interest expense Interest income Land Loss due to fire Notes payable, due on December 31, 2021 Office equipment Office supplies 7,500,000.00 821,480.00 3,500,000.00 22,744,988.00 150,000.00 720,000.00 800,000.00 5,500,000.00 887,410.00 3,500,000.00 21,201,730.00 110,000.00 700,000.00 800,000.00 ? ? 6,700.00 1,374,912.00 2,144,700.00 2,891,080.00 67,000.00 1,354,320.00 1,949,700.00 2,545,940.00 2,889,580.00 2,544,740.00 428.940.00 96,000.00 389,940.00 60,000.00 100,000.00 20,000.00 7,000,000.00 500,000.00 4,000,000.00 0.00 800,000.00 500,000.00 3,600,000.00 17.870.00 3,500,000.00 16,250.00