1. The following is a list of assets and claims of a home appliance manufacturing company at a particular point in time:
   • Short-term borrowings: £23,000
   • Property: £270,000
   • Inventories of raw materials: £21,000
   • Trade payables: £29,500
   • Plant and equipment: £126,000
   • Loan from Home Appliance Finance Co. (long-term borrowing): £103,500
   • Inventories of finished goods: £33,000
   • Delivery vans: £59,000
   • Trade receivables: £42,000

Required:

Write out a financial statement in the standard format incorporating these figures. (Hint: There is a missing item that needs to be deduced and inserted.)