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CASH Php 1,000,000 LAND 1,000,000 ACCOUNT RECEIVABLE 400,000 PREPAID ASSETS 20,000 OFFICE SUPPLIES 25,000 INVENTORIES 200,000 BUILDING 2,400,000 ACCOUNT PAYABLE 300,000 BANK LOANS 400,000 ACCRUED

CASH Php 1,000,000 LAND 1,000,000 ACCOUNT RECEIVABLE 400,000 PREPAID ASSETS 20,000 OFFICE SUPPLIES 25,000 INVENTORIES 200,000 BUILDING 2,400,000 ACCOUNT PAYABLE 300,000 BANK LOANS 400,000 ACCRUED EXPENSES 150,000 MARKETABLE SECURITIES 100,000 MORTGAGE PAYABLE 1,300,000 NOTES PAYABLE 2,000,000 CASH 1,200,000 INVENTORIES 100,000 RETAINED EARNINGS 2,565,000 ACCOUNT PAYABLE 100,000 ADDITIONAL PAID IN CAPITAL 500,000 MARKETABLE SECURITIES 150,000 LAND 1,000,000 PREPAID EXPENSES 20,000 BUILDING 1,600,000 BANK LOANS 100,000 MORTGAGE PAYABLE 200,000 RETAINED EARNINGS 100,000 ADDITIONAL PAID IN CAPITAL 1500,000 REQUIRED A.Prepare the STATEMENT OF FINANCIAL POSITION FOR BUENAFLOR CORPORATION for DECEMBER 31, 2021, using the accounts provided above. B.COMPUTE FOR: 1. TOTAL CURRENT ASSETS 2. NON - CURRENT ASSETS 3. TOTAL NON-CURRENT ASSETS 4. TOTAL ASSETS 5. CURRENT LIABILITIES 6. TOTAL CURRENT LIABILITIES 7. TOTAL NON-CURRENT LIABILITIES 8. TOTAL LIABILITIES 9. TOTAL SHARE HOLDER'S EQUITY 10. TOTAL LIABILITIES AND SHARE HOLDER'S EQUITY

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