Prepare a statement of financial position for 2021

1 Prepaid Insurance 780 Cash 780 2 Inventory 24,000 Accounts Payable 24,000 3 Accounts Receivable 36,000 Sales Revenue 36.000 Cost of Goods Sold 20,000 Inventory 20,000 4 Cash 26000 Accounts Receivable 78,000 Service Revenue 104,000 5 Accounts Payable 26,000 Cash 26,000 6 Cash 49,200 Accounts Receivable 49,200 7 Advertising Expense 2,400 Cash 2,400 8 Interest Expense 2100 Bank Loan Payable 6,000 Cash 8100 9 Cash 600 Dividend Revenue 600 10 Utilities Expense 3,000 Cash 3,000 11 Dividends Declared 2,400 Cash 2,400