please help with the statement of financial position and include notes that explain how you got to the answer

QUESTION TWO (25 Ma Make use of the information below and draw up the following: PRE-ADJUSTMENT TRIAL BALANCE ON 28 FEBRUARY FOR BBE TRADERS 2019 280 000 Ordinary share capital (R1 ea) Ordinary share premium 30 000 41 000 Retained Income Loan from Umgeni Bank (15% p.a.) Land and Buildings Equipment Accumulated depreciation on equipment 27 000 360 000 50 000 20 000 82 000 Inventory 40 000 Trade debtors 1 500 Allowance 16 300 Bank 750 Cash float 250 Petty cash Trade creditors SARS (Income tax) 12 800 7 000 Nominal accounts section 476 000 Sales 8 000 Sales returns 208 000 Cost of sales 90 000 Salaries and wages 17 000 Directors fees 4 000 Audit fees 2 000 interest on loan 1 400 Credit losses 9 900 Rent income 7 700 2 600 Commission income Packing material 400 Insurance 11 200 Sundry expenses 5 000 Dividends on ordinary shares (interim) Opcamen CATI/S 01/101 UH101 013 Dr Stiphon ASandwanaho Stelan eita scademc Dech Group Criel faecue Offe Head Office-ain Camp ACC S12 Inated y Authred B Office Docmont Revn N evsion Date CONTROLLEO COPY issue Dais Page 2 of 5 Adjustments to be effected on 28 February 2019 The following was found as per physical count 1. 1. Trading Stock RB0 300 1.2. Packing Material R700 2. Depreciate equipment at 10 % p.a on the diminishing balance method 3. Write of further credit losses of R2000 4 Adjust allowance for credit losses to 5% of trade debtors 5. Provide for the outstanding interest on loan 6 Provide rates at 2% on value of land and buildings REQUIRED 2.1. STATEMENT OF FINANCIAL POSITION for BBE Traders 28 Feb 2019 (15) 2.2 Notes to the statement of financial position, specifically the property, plant and equipment note (10 QUESTION TWO (25 Ma Make use of the information below and draw up the following: PRE-ADJUSTMENT TRIAL BALANCE ON 28 FEBRUARY FOR BBE TRADERS 2019 280 000 Ordinary share capital (R1 ea) Ordinary share premium 30 000 41 000 Retained Income Loan from Umgeni Bank (15% p.a.) Land and Buildings Equipment Accumulated depreciation on equipment 27 000 360 000 50 000 20 000 82 000 Inventory 40 000 Trade debtors 1 500 Allowance 16 300 Bank 750 Cash float 250 Petty cash Trade creditors SARS (Income tax) 12 800 7 000 Nominal accounts section 476 000 Sales 8 000 Sales returns 208 000 Cost of sales 90 000 Salaries and wages 17 000 Directors fees 4 000 Audit fees 2 000 interest on loan 1 400 Credit losses 9 900 Rent income 7 700 2 600 Commission income Packing material 400 Insurance 11 200 Sundry expenses 5 000 Dividends on ordinary shares (interim) Opcamen CATI/S 01/101 UH101 013 Dr Stiphon ASandwanaho Stelan eita scademc Dech Group Criel faecue Offe Head Office-ain Camp ACC S12 Inated y Authred B Office Docmont Revn N evsion Date CONTROLLEO COPY issue Dais Page 2 of 5 Adjustments to be effected on 28 February 2019 The following was found as per physical count 1. 1. Trading Stock RB0 300 1.2. Packing Material R700 2. Depreciate equipment at 10 % p.a on the diminishing balance method 3. Write of further credit losses of R2000 4 Adjust allowance for credit losses to 5% of trade debtors 5. Provide for the outstanding interest on loan 6 Provide rates at 2% on value of land and buildings REQUIRED 2.1. STATEMENT OF FINANCIAL POSITION for BBE Traders 28 Feb 2019 (15) 2.2 Notes to the statement of financial position, specifically the property, plant and equipment note (10