seThe following information was obtained from the records of Lesedi Hairdressing Salon for the month of February $20\mathrm{.}1$:

Lerato saved R$700000$ so that she can start her own hairdressing salon in Midrand. On $1$ February $20\mathrm{.}1,$ Lerato opened a business bank account, Lesedi Hairdressing Salon, at ABC Bank and she deposited R$300000.$ On $2$ February $20\mathrm{.}1$ she bought equipment for R$1200000$ via the business banking app. On $3$ February she purchased furniture on credit from Unique Salon Furnishers for R$560000.$ On $14$ February $20\mathrm{.}1,$ Lerato used the business banking app to R$56000$ to pay for installation of a pre$-$cast fence at her home. On $16$ February she used the business debit card to pay R$72000$ for the rental of the business property. On $25$ February Lerato obtained a loan of R$2000000$ from XYZ Bank with a payback period of more than a year. This amount was paid into the bank account of Lesedi Hairdressing Salon. During her first month of trading, she rendered services on credit only to clients on credit for R$64000.$

Required:

After taking into account all the information provided in the scenario above, please fill in the total assets section of the statement of financial position as at $28$ February $20\mathrm{.}1$ of Lesedi's Hairdressing Salon.

Instructions:

Follow the format of the statement of financial position as provided in the study units $1$ to $5.$

Use a full stop to indicate any decimals $($eg: $1000\mathrm{.}01)$

Round off to the second decimal after the full stop $($eg: $50\mathrm{.}56)$

LESEDI HAIRDRESSING SALON

STATEMENT OF FINANCIAL POSITION AS AT $28$ FEBRUARY $20\mathrm{.}1$