Sage Hill Inc. shows a balance of $526,900 in the Accounts Receivable account on December 31, 2020. The balance consists of the following:

Instalment accounts due in 2021		$91,500
Instalment accounts due after 2021		75,000
Overpayments to creditors		12,750
Due from regular customers, of which $40,000 represents accounts pledged as security for a bank loan		166,000
Advances to employees		69,650
Advance to subsidiary company (made in 2015)		112,000
		$526,900

Show how the information above should be presented on the statement of financial position of Sage Hill Inc. at December 31, 2020.

Sage Hill Inc. Statement of Financial Position choose the accounting period At the Year Month December 31, 2020At the Year End December 31, 2020December 31, 2020
select an opening section name Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' EquityNon-current AssetsTotal from customersCustomersAccounts receivableNon-Current Accounts Receivable
select an opening name for subsection one Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' EquityNon-current AssetsTotal from customersCustomersAccounts receivableNon-Current Accounts Receivable
select a balance sheet item Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' EquityNon-current AssetsTotal from customersCustomersAccounts receivableNon-Current Accounts Receivable
select a balance sheet item AccountsAdvance to subsidiary companyInstalment accounts collectible due after December 31, 2021Instalment accounts collectible due in 2021Other		$enter a dollar amount
select a balance sheet item AccountsAdvance to subsidiary companyInstalment accounts collectible due after December 31, 2021Instalment accounts collectible due in 2021Other		enter a dollar amount
select a balance sheet item Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' EquityNon-current AssetsTotal from customersCustomersAccounts receivableNon-Current Accounts Receivable		enter a subtotal of the two previous amounts
select a balance sheet item AccountsAdvance to subsidiary companyInstalment accounts collectible due after December 31, 2021Instalment accounts collectible due in 2021Other		enter a dollar amount		$enter a total amount for subsection one
select an opening name for subsection two Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' EquityNon-current AssetsTotal from customersCustomersAccounts receivableNon-Current Accounts Receivable
select a balance sheet item AccountsAdvance to subsidiary companyInstalment accounts collectible due after December 31, 2021Instalment accounts collectible due in 2021Other				enter a dollar amount
select a balance sheet item AccountsAdvance to subsidiary companyInstalment accounts collectible due after December 31, 2021Instalment accounts collectible due in 2021Other				enter a dollar amount

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