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please choose from the list Show how the total mortgdge liability should be reported on the statement of financial position at December 31,2020 . (Enter
please choose from the list
Show how the total mortgdge liability should be reported on the statement of financial position at December 31,2020 . (Enter account name only and do not provide descriptive information. Round answers to O decimal places, eg. 15,250.) December 31, 2020 Current Liabilities Current Assets Current Liabilities Intangible Assets Non-current Investments Non-current Liabilities Property, Plant and Equipment Equity Total Assets Total Non-current Assets Total Non-current Liabilities Total Intangible Assets Total Liabilities Total Liabilities and Equity Total Non-current Investments Total Non-current Liabilities Total Property, Plant and Equipment Total Equity Cullumber Electronics Statement of Financial Position (Partial) December 31,2020 Current Liabilities R$ 39488 Current Portion of Mortgage Pavable Accounts Payable Accounts Receivable Accumulated Depreciation - Equipment Allowance for Doubtful Accounts R$ 361674 Buildings Cash Current Portion of Mortgage Payable Equipment Gain on Realization Income Summary Inventory Land Loss on Realization Liabilities Mortgage Payable Noncash Assets Notes Payable Salaries and Wages Payable Supplies Cullumber Electronics Statement of Financial Position (Partial) December 31,2020 Current Liabilities Current Portion of Mortgage Payable R$ 39488 Current Assets R$ 361674 Current Liabilities Intangible Assets Non-current Investments Non-current Liabilities Property, Plant and Equipment Equity Total Assets Total Non-current Assets Total Non-current Liabilities Total Intangible Assets Total Liabilities Total Liabilities and Equity Total Non-current Investments Total Non-current Liabilities Total Property, Plant and Equipment Total Equity d be reported on the statement of financial position at December 31, 2020. (Enter tive information. Round answers to 0 decimal places, eg. 15,250.) Electronics Financial Position rtial) R$ Rs Prepare the entries for (1) the loan and (2) the first installment payment. (Credit account titles are automatically indented when anount is enterad Do not indent manually. Round answers to 0 declmal ploces, eg. 15,250. Recond journal entries in the order presented in the oroblen? Prepare an installment payments schedule for the first 4 years. (Round answers to 0 decimal places, e.g. 15,250.) Cash Payment Interest Expense Reduction of Principal Principal Balance $439500 \begin{tabular}{rr|} $51523 & $5185 \\ \hline 51523 & 12035 \\ \hline 51523 & 10850 \\ \hline 51523 & 9630 \\ \hline \end{tabular} 401162 361674 4067341893 \begin{tabular}{|r|} \hline 321001 \\ \hline 279108 \\ \hline \end{tabular} Cullumber Electronics issues a R $439,500,3%,10-year mortgage note on December 31, 2019. The proceeds from the note are to be: used in firancing a new research laboratory. The terms of the note provide for annual installment payments, exclusive of real estate takes and incurance, of R\$51.523. Payments are due on December 31 . Show how the total mortgdge liability should be reported on the statement of financial position at December 31,2020 . (Enter account name only and do not provide descriptive information. Round answers to O decimal places, eg. 15,250.) December 31, 2020 Current Liabilities Current Assets Current Liabilities Intangible Assets Non-current Investments Non-current Liabilities Property, Plant and Equipment Equity Total Assets Total Non-current Assets Total Non-current Liabilities Total Intangible Assets Total Liabilities Total Liabilities and Equity Total Non-current Investments Total Non-current Liabilities Total Property, Plant and Equipment Total Equity Cullumber Electronics Statement of Financial Position (Partial) December 31,2020 Current Liabilities R$ 39488 Current Portion of Mortgage Pavable Accounts Payable Accounts Receivable Accumulated Depreciation - Equipment Allowance for Doubtful Accounts R$ 361674 Buildings Cash Current Portion of Mortgage Payable Equipment Gain on Realization Income Summary Inventory Land Loss on Realization Liabilities Mortgage Payable Noncash Assets Notes Payable Salaries and Wages Payable Supplies Cullumber Electronics Statement of Financial Position (Partial) December 31,2020 Current Liabilities Current Portion of Mortgage Payable R$ 39488 Current Assets R$ 361674 Current Liabilities Intangible Assets Non-current Investments Non-current Liabilities Property, Plant and Equipment Equity Total Assets Total Non-current Assets Total Non-current Liabilities Total Intangible Assets Total Liabilities Total Liabilities and Equity Total Non-current Investments Total Non-current Liabilities Total Property, Plant and Equipment Total Equity d be reported on the statement of financial position at December 31, 2020. (Enter tive information. Round answers to 0 decimal places, eg. 15,250.) Electronics Financial Position rtial) R$ Rs Prepare the entries for (1) the loan and (2) the first installment payment. (Credit account titles are automatically indented when anount is enterad Do not indent manually. Round answers to 0 declmal ploces, eg. 15,250. Recond journal entries in the order presented in the oroblen? Prepare an installment payments schedule for the first 4 years. (Round answers to 0 decimal places, e.g. 15,250.) Cash Payment Interest Expense Reduction of Principal Principal Balance $439500 \begin{tabular}{rr|} $51523 & $5185 \\ \hline 51523 & 12035 \\ \hline 51523 & 10850 \\ \hline 51523 & 9630 \\ \hline \end{tabular} 401162 361674 4067341893 \begin{tabular}{|r|} \hline 321001 \\ \hline 279108 \\ \hline \end{tabular} Cullumber Electronics issues a R $439,500,3%,10-year mortgage note on December 31, 2019. The proceeds from the note are to be: used in firancing a new research laboratory. The terms of the note provide for annual installment payments, exclusive of real estate takes and incurance, of R\$51.523. Payments are due on December 31 Step by Step Solution
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