017 4 Problem 2: 10 marks (25 minutes) below are the unatted account balancers for undberg Inc. for March 31, 3022 . Accue Accounts payable Accounts receivable 10 Accumulated depreciation Cash Common Shares Cot of goods so terest expeme teng term investments ang term b 19 Prepaid insurance Retained Caning 22 Salanes espeme Unadjusted Account Balances 27 The apuntant recorded the following adjusting entries at the end of the year Deprecation on the equipment Salaries payable for days of work mance expense for the year metas expense, not yet p 11 All unsaved even bigations were fulfed Ame 3,390 20,100 71,000 110,000 134,000 111.000 Preparatament of Financial Position for the year ended March 31, 20 80.000 25.000 6,000 25.500 1,000 S 3 P Com 017 Clipboard Font A 1 Problem 2: 10 marks (25 minutes) 2 3 Below are the unadjusted account balances for Lindberg Inc. for March 31, 2022 4 5 6 7 Account 8 Accounts payable 9 Accounts receivable 10 Accumulated depreciation 11 Cash 12 Common Shares 13 Cost of goods sold 14 Equipment 15 Interest expense 15 Inventory 17 Long term investments 18 Long term loan 19 Prepaid insurance 20 Retained Earnings 21 Sales 22 Salaries expense 21 Unearned revenue 24 25 26 Unadjusted Account Balances 27 The accountant recorded the following adjusting entries at the end of the year: 2 Depreciation on the equipment Alignment Number 5 B C D E F Amount 3,390 77,850 20,100 73,000 135,000 194,000 155,000 7,333 29,000 80,000 200,000 33,087 25,000 309,000 49,220 6,000 15,500 3,000 4,667 19.087 2,423 29 Salaries payable for 6 days of work 31 Insurance expense for the year 30 Interest expense 32 Income tax expense, not yet paid 33 Alf unearned revenue obligations were fulfilled 34 35 30 Required: Prepare a Statement of Financial Position for the year ended March 11, 2022. 37 30 at 25 mon Q2 25 mins Q 15 m Q4 15 min 05 15 mins Q625 min G Conditional Format as Calculation Formatting Table H Enter your answer in this section AutoSave Off BUSI 1001 522 Final Exam Part Il problems 1-6 Wor File Home insert Draw Page Layout Formulas Data Review View Help Cut Calibe 11 AA Wrap Text Paste Copy BIU A FEDE Merge & C Format Painter Clipboard Font G Alignment A3 H X 1 Problem 2: 10 marks (25 minutes) 2 Below are the unadjusted account balances for Lindberg Inc. for 3 Below are the unadjusted account balances for Lindberg Inc. for March 31, 2022 C 4 Unadjusted Account Balances 5 6 7 Account 8 Accounts payable 9 Accounts receivable 10 Accumulated depreciation 11 Cash 12 Common Shares 13 Cost of goods sold 14 Equipment 15 Interest expense 16 Inventory 17 Long term investments 18 Long term loan 19 Prepaid insurance 20 Retained Earnings 21 Sales 22 Salaries expense 23 Unearned revenue 24 25 26 Amount 3,390 77,850 20,100 73,000 135,000 194,000 155,000 7,333 29,000 80,000 200,000 33,087 25,000 309,000 49,220 6,000 27 The accountant recorded the following adjusting entries at the end of the year 2 Depreciation on the equipment 29 Salaries payable for 6 days of work 30 Interest expense 31 Insurance expense for the year 15,500 3,000 4,567 15,087 2,423 32 Income tax expense, not yet paid 33 All unearned revenue obligations were fulfilled 34 35 36 Required: Prepare a Statement of Financial Position for the year ended March 31, 2022. 37 38 Ready Q1 25 mins Q2 25 mins Q3 15 mins Q4 15 mins Q5 15 mins Q 25 mins Accessibility Investigate a C O