- 4 Summer Breeze Company Provided The Following Information On December 31 2020 Accounts Payable Accounts Receivable P 1 (685.57 KiB) Viewed 10 times
4. Summer Breeze Company provided the following information on December 31, 2020: Accounts Payable Accounts Receivable Property, Plant, and Equipment Accumulated Depreciation Mortgage Payable, due in 5 years Share Capital, P100 par Share Premium Cash and cash equivalents Accrued expenses Inventories Long-term investments Notes Payable, long-term debt Notes Payable, short-term debt Office Supplies Unused Patent Prepaid Rent Retained Earnings P350,000 450,000 5,600,000 1,200,000 1,500,000 4,000,000 500,000 800,000 100,000 900,000 950,000 500,000 200,000 50,000 800,000 150,000 1,350,000 Required: Prepare in good form a properly classified statement of financial position as of December 31, 2020.