Hello, Im an accounting and finance student I need help solving this homework and showing the steps so I can understand:

The question requires to Prepare the statement of financial position as year ended 31 December 2019:

Q1: Twitter Enterprise sells electrical products including washing machines, air conditioners, water heaters and televisions. The following balances were extracted from the books of Twitter Enterprise as at 31 December 2019. List of Accounts Debit Credit (RM) (RM) Capital 363,600 Inventories as at 1 January 2019 22,500 Freehold Land 250,000 Motor Vehicles 96,000 Office Equipment 25,000 Accumulated Depreciation as at 1 January 2019 Motor Vehicles 38,400 Ofice Equipment 5.890 5% Fixed Deposit 50,000 Bank 55,800 Cash 2,470 Accounts Receivables 21,500 Accounts Payables 36,400 10% Loan from Bank FB 40,000 Purchases 115,600 Sales 265,000 Return Inwards 150 Return Outwards 800 Discounts Received 1,960 Discounts Allowed 570 Insurance on purchase 350 Bank Charges 1,000 Rental expense 9,600 Stationeries 800 Carriage expenses 4,800 Salaries 78,000 Utilities 8,460 General Expenses 8,280 Advertising Expenses 10,200 Commission received 9.000 Drawings 580 Allowances for Doubtful Debt as at I January 2019 610 761,660 761,660