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PLEASE TYPE THE ANSWER! 5.19. From the following account balances of Graduant as at 31 December 2016, prepare a balance sheet in both the T-format

image text in transcribedPLEASE TYPE THE ANSWER!

5.19. From the following account balances of Graduant as at 31 December 2016, prepare a balance sheet in both the T-format and the narrative classified format. Note: You will need to determine the balance of the retained earnings. Cash at bank Accounts receivable (net) Inventory Other current assets Land and buildings Intangible assets Other financial assets (term deposits) Accounts payable Borrowings Provisions Share capital Retained earnings $ 12000 56000 88 000 16000 359 000 275000 78500 25000 200000 56000 500000

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