can you help me with this one? the subject is conceptual framework and accountinh standards

PROBLEMS Problem 8-1 (IAA) om 5,000,000 500.000 880.000 2,500,000 20.000 100,000 30.000 10.000 60,000 50.000 100,000 500,000 Simple Company provided the following account balances December 31, 2020: Sharempital Share premium Retained earnings Serial bonds payable (P500,000 due every July 1 of each year) Employees income tax payable Notes payable Accrued expenses Accrued interest on note payable Income tax yable Allowance for doubtful accounts Advances from customers Accounts receivable Accumulated depreciation-building Accumulated depreciation machinery Investment in bonds Land Machinery Factory supplies Notes receivable Building Cash Claim receivable Finished goods Franchise Goods in process Prepaid insurance Raw materials Trading securities Tools Goodwill Plant expansion fund Accounts payable Required: 1,600,000 1,300,000 1,500,000 1,500,000 2,000,000 50,000 150,000 4.000.000 420,000 20,000 400,000 200,000 600,000 20,000 200,000 250,000 40,000 100,000 500,000 300,000 Prepare a properly classified statement of financial position on December 31, 2020, 162 2 Ta, sales Problem 8-2 (IAA) Exemplar Company provided the following account balances on December 31, 2020: Accounts receivable Advances to officers not currently collectible Sinking fund Building Long-term refundable deposit Cash and cash equivalente Cash surrender value Equipment Patent Accrued interest on notes receivable Inventories Land Land held for speculation Notes receivable Computer software Prepaid expenses Trading securities Unearned rent income Retained earnings (deficit) Share premium - preference Premium on bonds payable Preference share capital Share premium - ordinary Notes payable SSS payable Accounts payable Accrued salaries Accumulated depreciation-building Accumulated depreciation equipment Allowance for doubtful accounts Bonds payable Dividends payable Ordinary share capital Withholding tax payable Preference share redemption fund Required: 400,000 100.000 400,000 5,000,000 50,000 500,000 60,000 1,000,000 100,000 10,000 1,300,000 1,500,000 500,000 250,000 3,250,000 70,000 280,000 40,000 (1,800,000) 500,000 1,000,000 2,000,000 200,000 00.000 10.000 400,000 100.000 2,000,000 200,000 20.000 5.000.000 120.000 5.000.000 30,000 350,000 Prepare a properly classified statement of financial position on December 31, 2020. 163