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The Lannister Company, located in Crawleyville, Indiana, manufactures replica swords that are sold worldwide. The date is December 31, 2019, which is the end of

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The Lannister Company, located in Crawleyville, Indiana, manufactures replica swords that are sold worldwide. The date is December 31, 2019, which is the end of the company's fiscal year. As such, the Lannister Company is prepared to draft its financial statements. Your job is to create these financial statements using the following information regarding account balances. Accounts Payable $ 35,000 Investments in Real Estate 75,000 210,000 Accounts Receivable Land 50,000 Accumulated Depreciation Equipment Loss from Employee Strike 21,000 25,000 Mortgage Payable Notes Payable 250,000 Advertising Expense 20,000 30,000 Cash 287,000 Notes Receivable 28,000 Common Stock 200,000 Patents 60,000 Cost of Goods Sold 1,800,000 Prepaid Insurance 6,000 Freight-Out 5,000 Retained Earnings 100,000 Equipment 120,000 Salaries and Wages Expense 250,000 Depreciation Expense 10,000 Sales Discounts 10,000 Dividends 15,000 Sales Revenue 2,500,000 Gain on Disposal of Plant Assets 3,000 12,000 Salaries and Wages Payable 79,000 Income IaX EXpense Sales Returns and Allowance 15,000 24,000 Insurance Expense 5,000 4,000 Interest Expense Trademarks 31,000 20,000 Interest Payable Unearned Sales Revenue 5,000 2,000 Interest Revenue Utility Expense 17,000 Inventory 40,000 Additional data: . S10,000 of the Notes Payable is due in 2020 while the remainder is due beyond that year. 85,000 of the Interest Payable is due in 2020 while the remainder is due beyond that year. 820,000 of the Mortgage Payable is due in 2020 while the remainder is due beyond that * year

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