Question 4 Not yet answered Marked out of 12.00 Flag question Fresh Foods Inc. experienced the following during 2020: 1) On November 30, Fresh Foods received rent of $9,000 in advance for a lease on unused cold storage space. This rent will be earned evenly over three months. 2) On September 30, Fresh Foods signed a six-month, 9% note to purchase store fixtures costing $12,000. The note requires payment of principal and interest at maturity. 3) Sales of $400,000 were covered by Fresh Food's product warranty. At January 1, 2020, estimated warranty payable was $12,400. During the year, Fresh Foods recorded warranty expense of $22,300 and paid warranty claims of $24,600. 4) Fresh Foods owes $100,000 on a 5% long-term note with interest payable July 31 and January 31. At December 31, $20,000 of the principal is payable within one year, Required: For each item, drag and drop to indicate the account and the related amount to be reported as a current liability Fresh Foods Inc.'s balance sheet at December 31, 2020. Important: if there are multiple accounts relating an item, enter accounts in alphabetical order. Note: there may be unused responses when the question is complete. Item # Account Name Amount ($) 1) Unearned rent revenue $9,000 2) 3) 4) Type here to search RI F - M 2) 3) 4) ID Estimated warranty earned Long-term note payable Unearned rent revenue Rent payable Short-term note payable Interest payable Accrued liabilities Portion of long-term note payable due within one year Estimated warranty payable Accounts payable $100,000 $1,080 $10,100 $2,083 $21,600 $540 $5,000 $12,400 $270 $14,700 $3,000 $2,500 $22.300 $20,000 $12,000 $9,000 $6,000 Next page Type here to search CH