QUESTION 1 (Time: 12-15 minutes) Rashid Cafe has current assets of OMR 20,800, property and plant of OMR 41,300; and other assets totaling OMR 12,700. Non current liabilities are OMR 1,700 and account payable are OMR 3,400. Requirements: a Use the above information to write Rashid Cafe' accounting equation. (Rubrics: 0.5 mark for the correct answer, 0.5 mark for the workings and calculations Total 1 mark) b How much in economic resources does Rashid Cafe owns and controls ? (Rubrics: 0.5 mark for the correct answer. Total 0.5 mark) How much does Rashid Cafe owe creditors? (Rubrics: 0.5 mark for the correct answer. Total 0.5 mark) C d How much of the business's assets do the Rashid Cafe shareholders own? (Rubrics: 0.5 mark for the correct answer. Total 0.5 mark)