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Tome Buchworten D200 Acid Wear Anal 20%. Edition per than the guest Receta AOC cevi A Dec $8.500 112100 . SU 130.000 14300 Cibond (Common

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Tome Buchworten D200 Acid Wear Anal 20%. Edition per than the guest Receta AOC cevi A Dec $8.500 112100 . SU 130.000 14300 Cibond (Common Share Co 1530 Det tror 500 12000 Den per S350 31200 SED 522.000 Mom REDO BIS 32.000 1300 100 Notes: Unlimited common shares are authorized and 2,360 have been issued and are currently outstanding, The notes payable is payable over 5 years and $4,400 will be paid by December 31, 2021. Do not enter dollar signs or commas in the input boxes Round all answers to the nearest whole number Do not use the negative sign for any values. a) Prepare a statement of comprehensive income by function for the year ended December 31, 2020. Beach Wear Inc. Statement of Comprehensive Incomo For the Year Ended December 31, 2020 Sales Revenue (net) 19520 Cost of Goods Sold Gross Profit 6060 Selling Expenses Administrative Expenses 2680 > Operating Profit 1100 Finance Costs Profit before Income Tax Income Tax Expense Profit for the Year from Continuing Operations 7920 Profit for the Year from Discontinued Operations Profit for the Year Other Comprehensive Income, Net of Tax Gain on Foreign Currency Translation Adjustments (net of tax) Total Comprehensive Income Preventioned in outyder the year andet December 31, 2070 There was no big bi the accumulated the coppie did not see any new.common the screer ended 2010 Beach Wear Statement of changed in Equity For the Year Ended December 11, 2010 Coman Share tained ning see 13600 1617 Total Equity Obec ON www c) Prepare a statement of financial position as at December 31, 2020 25000 Beach Wear Inc Statement of Financial Position As at December 31, 2020 Assets Long-Term Assets Property, plant and Equipment (net) Total Long-Term Assets Current Assets Prepaid Insurance 1900 Merchandise Inventory 17600 Accounts Receivable 13100 Cash 20000 52600 Total Current Assets Total Assets 77600 Equity Attributable to Owners Common Shares, unlimited authorized, 2360 issued 13500 Retained Earnings Reserves Total Equity Attributable to Owners Liabilities Long-Term Liabilities Notes Payable, Long-Term Portion Total Long-Term Liabilities Current Liabilities Accounts Payable Unearned Revenue Notes Payable, Current Portion Total Current Liabilities Total Liabilities Total Equity and Liabilities

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