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3. The following information relates to S. Singh books as at the 29 September 1989. Assets/Liabilities Stock Bank Loan (5yrs) Creditor Fixtures Land Debtor Mortgage

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3. The following information relates to S. Singh books as at the 29 September 1989. Assets/Liabilities Stock Bank Loan (5yrs) Creditor Fixtures Land Debtor Mortgage Amount $ Assets/Liabilities Amount $ 55 000 3 months loan 15 000 120 000 Machinery 12 000 50 000 Bank 250 000 1 000 Motor vehicle 70 000 15 000 Cash 100 000 30 000 200 000 You are required to: 1. Prepare Singh's Balance Sheet as at 29 September 1989 in order of permanency

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