Example 2 (chapter 2, page 20) 1. Property, plant and equipment 14 000 2. Long term bank loan 1 000 3. Accumulated profit of previous years 100 4. Property, plant and equipment under construction 1 200 5. Intangible assets 4 000 6. Long term financial assets 3 000 7. Notes payable (bill of exchange - liabilities) 500 8. Goods for resale 4 500 9. Net profit 200 10. Cash in bank 800 11. Materials 2 100 12. Trade receivables 300 13. Tax, custom and insurance liabilities 300 14. Cash in hand 100 15. Finished goods 1500 16. Trade liabilities 400 Required: Prepare Balance sheet at 1 January. Calculate share capital and equity