The financial information of Ann O'Dell's Music Store at 30 September 2021 is presented to the right. Required 1. Prepare the statement of financial position of the business at 30 September 2021. 2. What does the statement of financial position report: financial position or wealth generated? Which financial statement reports the other information? (Complete the necessary drop downs. Fill in the relevant cells with its corresponding figures.) Requirement 1 Fill in the heading for the statement of financial position. Enter all the assets in the first column and their amounts in the second column. Add the assets to calculate the total assets. Assets Enter all the liabilities in the first column and their amounts in the second column. Add all the liabilities to calculate the total liabilities. Liabilities Our final step in completing the statement of financial position is to complete the owner's equity section and balance the totals. Remember that total assets were 67,100 and total liabilities were 9,800. Owner's equity Requirement 2 Choose the correct answer using the drop-down lists. The statement of financial position reports Now select the financial statement that reports wealth generated of the company. The reports wealth generated. Equipment Inventories 12,800 Sales revenue 11,100 45,000 Trade receivables 6,500 Loan payable 5,700 Trade payables 4,100 Rent expense 500 Ann O'Dell's equity ? Cash at bank 2,800 Salary expense 2,000