A to Z Enterprises ltd.s trial balance extracted from its books on 31^st December 2020 revealed the following balances:

Capital account 112,000

Purchases 92,400

Sales 157,240

Premises at cost 64,000

Motor vehicles at cost 30,000

Accumulated depreciation - motor vehicles 8,200

Fixtures and fittings at cost 6,500

Accumulated depreciation fixtures & fittings 1,100

Motor vehicle expenses 7,300

Rates 2,300

Balance at bank 4,200

Wages & salaries 42,000

Drawings 9,600

Insurance 2,000

Trade debtors 18,000

Provision for doubtful debts 560

Trade creditors 15,000

Sundry expenses 16,200

Long-term loan 20,000

Stock at 1^st January 2020 19,250

Cash in hand 350

314,100 314,100

The following additional information was available on 31^st December 2020:

1. Stock at 31^st December 2020 was 22,400.
2. There were wages and salaries of 1,200 owing.
3. There was a payment of 1,200 on 30^th September 2020 to cover 12 months insurance.
4. On reviewing debtors, it was discovered that a debt of 800 would not be recovered and that a further 1,200 was doubtful.
5. Depreciation is calculated at 25% reducing balance method on motor vehicles and 10% straight line method on fixtures and fittings.
6. Loan interest at 10% has not been recorded.

Required.

Prepare the statement of financial position (balance sheet) as at 31st December 2020 for A to Z Enterprises ltd.