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i already filled in some parts, need help with the rest. please answer as quick as possible. THANK YOU! Eric Shehan is a student working

i already filled in some parts, need help with the rest. please answer as quick as possible.
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Eric Shehan is a student working on an internship at Mahon Ltd. On December 31, 2020, the company had its year end. Eric's boss brought him the following information: Accounts Payable $219,000. Wages Expense $364,000 Cash 116,000 Notes Receivable 198,000 Notes Payable 248,000 Rent Expense 32,000 Inventory 312,000 Dividends Declared 178,000 Common Shares 350,000 Supplies 11,000 Sales Revenue 3,405,000 Insurance Expense 16,000 Retained Earnings (at January 1, 2020) 1,149,000 Equipment 1,695,000 Cost of Goods Sold 2,044,000 Accumulated Depreciation, Equipment 161.000 Utilities Expense 86,000 Miscellaneous Expense 32,000 Interest Revenue 10,000 Uneamed Revenue 28.000 Accounts Receivable 426,000 Advertising Expense 54,000 Interest Expense 6,000 1 These account amounts are correct, but Eric's boss advised him that the information did not reflect the following information: Accrued interest of $5,000 on the notes receivable. Employees earned $79,000 in bonuses based on achieving sales targets. These are payable on January 10, 2021. Accrued interest on the note payable amounting to SS 000 is due in January 2021 As of December 31, 2020, the supplies still on hand had a cost of $7.000. The insurance expense includes $3,000 in premiums related to coverage for 2021 Depreciation for 2020 is $169,000 on the equipment. The company's board declared additional dividends of $250.000, which are payable to shareholders on January 15, 2021. Nm of in on Determine the amounts that would appear in an adjusted trial balance for Mahon Ltd, as at December 31, 2020. Mahon Ltd. Adjusted Trial Balance December 31, 2020 Debits Credits Cash 116000 Accounts Receivable 426000 Prepaid Insurance Supplies Inventory 312000 Interest Receivable Notes Receivable 198000 1695000 Equipment Accumulated Depreciation Equipment Accounts Payable Unearned Revenue Wages Payable Interest Payable Dividends Payable Notes Payable Common Shares Retained Earnings Wapes Payable Interest Payable Dividends Payable Notes Payable Common Shares Retained Earnings Dividends Dedared Sales Revenue Interest Revenue Cost of Goods Sold Utilities Expense Interest Expense Wages Expense Rent Expense Insurance Expense Miscellaneous Expense Advertising Expense Supplies Expense Depreciation Expense Prepare a statement of income for the year ended December 31, 2020. Mahon Ltd Statement of Income For the Year Ended December 31, 2020 Revenues Sales Revenue $ Interest Revenue Total Revenues Expenses Cost of Goods Sold $ Utilities Expense Interest Expense Wages Expense Rent Expense Insurance Expense Miscellaneous Expense Advertising Expense Supples Expense Depreciation Expense Total Expenses Net Income / Losa) Calculate the amount of retained earnings as at December 31, 2020. Ending retained earnings, Dec. 31, 2020 $ e Textbook and Media List of Accounts Prepare a classified statement of financial position as at December 31, 2020. (Note: The note receivable and note payable are dae in 2021) List Current Assets in order of liquidity Mahon Ltd. Statement of Financial Position December 31, 2020 Assets Current Assets Cash Accounts Receivable Notes Receivable Supplies Prepaid insurance Interest Receivable Inventory Total Current Assets Non-current Assets Equipment Less Accumulated Depreciation Equipment Total Non-current Asset Total Assets Liabilities and Shareholders' Equity Current Liabilities Accounts Payable Unearned Revenue Wages Payable Interest Payable Dividends Payable Notes Payable Total Current Liabilities $ Shareholders' Equity Common Shares Retained Earnings Total Shareholders Equity .- Total Liabilities and Shareholders Equity

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