How to do AE2.6 and AE2.7?

AE2.6 Is Drawings an asset , liability or shareholder's equity? AE2.7 The following is a list of the assets and claims of Crafty Engineering Ltd as at 30 June 2014: Accounts payable Motor vehicles Loan from bank Machinery and tools Bank overdraft Inventory Freehold premises Accounts receivable S 86,000 38,000 260,000 207,000 116,000 153,000 320,000 185,000 (a) Using the vertical format, prepare the statement of financial position of the business as at 30 June 2014 from the above information. (b) Discuss the significant features revealed by this financial report. A significant proportion of the assets are non-current (62.6%). 2. Long-term funds cover the non-current assets adequately (124.1%)