Liland AS AS has submitted accounts as of 31.12.2020 The accounts have not been accrued. You will be commissioned to prepare the final balance sheet for 2020. Set up income statement and balance sheet. You must take into account the following factors: The company is not liable for services tax

1) Advance salary in .31.12.2020 is 4. 2 ) Liland AS has carried out inventory counts and has two item groups in stock. The inventory lists show the following valuations:

Product group FIFO Specific assignment Real value

A 8 10 10

B 15 12 20

7) Accrued, unpaid interest amounts to NOK 3 as of 31.12.2020 8) Accrued, unpaid salary amounts to NOK 4 as of 31.12.2020. 9) The tax rate is 22%. 10) Liland wants to distribute the maximum dividend