Meera Traders 20=9 On I June 20-9 the following transactions took place: - Repaid $2000 bank loan by cheque. - Received a cheque from a credit customer - Paid a credit supplier $90 in cash. for $125. - Bought goods on credit for $140. Prepare the statement of financial position of Meera Traders on I June 209 after the above transactions have taken place. 5 A business provided the following information: a Calculate the value of the assets. b Calculate the value of the liabilities. c Use the accounting equation to calculate the owner's equity