Question: can someone help with these as some i got incorrect 11 Balance, and Evaluating the Current Ratio LO2-4, 2-6 Injection Plastics Company has been operating



11 Balance, and Evaluating the Current Ratio LO2-4, 2-6 Injection Plastics Company has been operating for three years. At December 21 2020, ne accounting records reflected the following Cash Investments (short-ters) Accounts receivable Inventories Notes receivable (long-term) Equipment Factory building 127,600 Intim 3,200 Aable 4,200 Accrued abilities 30,00 Short-ters borrowings 2.300 horas payable (long-ter) 5,50 Contributed capital 9.500 Retained earnings 3. 15,300 3.300 3,300 54.500 303,00 37,000 During the year 2021, the following summarized transactions were completed a. Purchased equipment that cost $20.600 paid $7.300 cash and signed a one year note for the balance Issued 3,300 additional shares for $19.800 cash clent 58,300 to a manager, who signed a two-year note d Purchased short-term investments for $10,300 inch e Paid $6.300 on the note in transaction() Borrowed $13.300 cash on December 31, 2021, from the bank and signed a note payable June 30, 2022 9. Purchased a patent an intangible assets for $4,300 cash n Built an addition to the factory for $28.900; paid $10,300 in cash and signed a three year note for the balance Hired a new president at the end of the year. The contract was for $91,500 per year plus options to purchase company shares at a set price based on company performance Retured defective equipment to the manufacturer receiving a cash refund of S2.200 Required: 18 2 Post the T-accounts for each of the accounts on the statement of financial position and enter the balances at the end of 2020 beginning balances for 2021 Begal beg tal Cash 27.500 19.800 13.300 2.300 3300 10.3001 Ent Endal 62.000 Accounts Receivable De
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