2.11 Ciera’s business has the following balances at 31 December 2012:

£

Inventory 18 600 Trade payables 23 700 Cash in bank account 13 000 Long-term loan 20 000 Non-current assets – premises 39 000 Trade receivables 6 500 Amounts owed to HMRC 3 800 Ciera’s capital 29 600 Prepare Ciera’s statement of financial position at 31 December. Use the format shown in the chapter examples. Remember to line up columns of figures neatly, and to use a proper heading for the statement of financial position.