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
A material is a substance or mixture of substances that constitutes an object. Materials can be pure or impure, living or non-living matter. Materials can be classified based on their physical and chemical properties, or on their geological origin or biological function.
2. Four thousand five when written as numeral is a. 400,005 b. 40,005 3. 741,693 in expanded form is a. 700,000+ 400 + 1,000+600 +90 +3 b. 700,000 + 40,000+ 1,000+600 + 90+3. c. 70,000 + 40,000+ 100+60 +3 4. Three hundred forty thousand twelve when written in standard form is c. 340, 102 RANA a. 340,120 5. 19, 754 in expanded form is b. 340, 012 c. 4,005 a. 10,000+ 9,000 + 700+50 +4 b. 10,000+ 900 +70+50 +4 c. 10,000+ 9,000 + 700+50 +4 Things to remember