Learning Task 1.1 – SFP Preparation
Prepare a SFP for ABM Company for this year ended December 31 both in account and
report form using the following information below:
ABM Capital P 23570 Unearned Revenue
Accounts Payable 3000 Accumulated Depreciation 2000
Accrued Expense 450 Inventory 39800
Building 100000 Cash 32800
Prepaid Rent 1000