The following account balances were provided by Adam's Company as of December 31, 2015: Notes receivable-trade...

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The following account balances were provided by Adam's Company as of December 31, 2015: Notes receivable-trade Notes payable-trade Income tax payable Patent Cash on hand awaiting deposit Accounts receivable - trade Finished goods Claims receivable Franchise Goods in process Goodwill Factory supplies Office supplies Cash in bank Sinking fund Raw materials Ordinary shares, par P100 Time deposit, due in 60 days Investment in subsidiary Allowance for doubtful accounts Land Withholding tax payable SSS payable Accumulated depreciation - building Accumulated depreciation - machinery T Refundable deposit of customers - long term Prepaid insurance Investment in bonds Bonds payable Building Machinery Advances to officers collectible in 2018 Share premium Retained earnings Accrued interest on notes receivable Deferred tax liability Accounts payable Trading securities Cash surrender value Retained earnings appropriated for contingencies Warranty payable 2,500,000 1,500,000 250,000 150,000 500,000 2,000,000 ma 900,000 200,000 200,000 400,000 500,000 100,000 40,000 1,400,000 250,000 300,000 8,000,000 1,000,000 1,200,000 200,000 2,500,000 150,000 300,000 1,500,000 1,000,000 100,000 180,000 500,000 6,000,000 6,000,000 3,000,000 1,800,000 200,000 3,860,000 120,000 100,000 2,500,000 400,000 120,000 500,000 300,000 Sen 1 be 75227 Required: Prepare the statement of financial position of Adam's Company as of December 31, 2015 with supporting schedule. The following account balances were provided by Adam's Company as of December 31, 2015: Notes receivable-trade Notes payable-trade Income tax payable Patent Cash on hand awaiting deposit Accounts receivable - trade Finished goods Claims receivable Franchise Goods in process Goodwill Factory supplies Office supplies Cash in bank Sinking fund Raw materials Ordinary shares, par P100 Time deposit, due in 60 days Investment in subsidiary Allowance for doubtful accounts Land Withholding tax payable SSS payable Accumulated depreciation - building Accumulated depreciation - machinery T Refundable deposit of customers - long term Prepaid insurance Investment in bonds Bonds payable Building Machinery Advances to officers collectible in 2018 Share premium Retained earnings Accrued interest on notes receivable Deferred tax liability Accounts payable Trading securities Cash surrender value Retained earnings appropriated for contingencies Warranty payable 2,500,000 1,500,000 250,000 150,000 500,000 2,000,000 ma 900,000 200,000 200,000 400,000 500,000 100,000 40,000 1,400,000 250,000 300,000 8,000,000 1,000,000 1,200,000 200,000 2,500,000 150,000 300,000 1,500,000 1,000,000 100,000 180,000 500,000 6,000,000 6,000,000 3,000,000 1,800,000 200,000 3,860,000 120,000 100,000 2,500,000 400,000 120,000 500,000 300,000 Sen 1 be 75227 Required: Prepare the statement of financial position of Adam's Company as of December 31, 2015 with supporting schedule.