BBA $4093/$BBA $6053$

Assignment $1(15\%)$

Q$3.$ The following is the list of financial information of Axia Ltd$.$ For the year ended December $31,2011.$

$\backslash$table$[[$Items$,\backslash$table$[[$Dec $2017],[($RM$)]]],[$Long$-$term bond,$45,180],[$Cash in hand,$25,913],[$Motor Vehicles,$170,799],[$Account Receivable,$23,186],[$Inventories$,3,956],[$Cash at the bank,$40,388],[$Office supplies,$25,809],[$Account payable,$55,888],[$Short$-$term investment,$12,087],[$Taxes payable,$32,687],[$Land$,41,304],[$Plant$,$ Property and equipment,$22,283],[$Deferred revenue,$7,543],[$Interest Payable,$11,964],[$Short$-$term debt,$8,784],[$Long$-$term debt,$2,797],[$Long$-$term lease,$93,735]]$

Required: Based on the above financial information prepare Statement of Financial Position for Axia Ltd for the year ended December, $2011.$