1. The following is a list of assets and claims of an electronics manufacturing company at a particular point in time:
   • Short-term borrowings: €17,000
   • Property: €250,000
   • Inventories of raw materials: €20,000
   • Trade payables: €27,000
   • Plant and equipment: €120,000
   • Loan from Electronics Finance Co. (long-term borrowing): €100,000
   • Inventories of finished goods: €28,000
   • Delivery vans: €55,000
   • Trade receivables: €38,000

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.)