LO8, 9 From the following account balances of Graduant as at 31 December 2016, prepare a balance 5.19 * sheet in both the T-format and the narrative classified format. Note: You will need to determine the balance of the retained earnings. $ 12000 Cash at bank Accounts receivable (net) Inventory Other current assets 56 000 88 000 16 000 Land and buildings Intangible assets Other financial assets (term deposits) Accounts payable Borrowings Provisions Share capital Retained eamings 359 000 275 000 78500 25 000 200 000 56 000 500 000