Prepare the Statement of Financial Position of Concha Traders as at 28 February 2017. The notes to the financial statements are not required. Where applicable, show calculations in brackets.

INFORMATION CONCHA TRADERS PRE-ADJUSTMENT TRIAL BALANCE ON 28 FEBRUARY 2017

	Debit (R)	Credit (R)
Balance sheet accounts section
Capital		162 000
Drawings	70 000
Vehicles at cost	180 000
Equipment at cost	120 000
Accumulated depreciation on vehicles		90 000
Accumulated depreciation on equipment		38 000
Trading inventory	70 000
Debtors control	32 000
Provision for bad debts		4 000