Question 1 (10 Marks} A fire partially destroyed the offices of the Firesafe Company on 30th May 2011. Some accounting records were retrieved. Required: Prepare a balance sheet from the following information: Cash Plant Incendiary chemicals Salary expenses Accounts payable Incendiary plastic containers Total current assets Equipment Loan payable 29'\" May 2012 Motor vehicles Accounts receivabfe Land Buildings Owners' equity Total non-current assets Total assets Total current liabilities Loan payable 130"1 June 2010 Bank overdraft Total non-current assets Tn-I-nl Ilnlqlllvl-lnn $ 200 30 000 1? 500 2 300 '? '? ? 7" 000 1? 000 '? 1? 800 50 000 12 500 '? 118 000 156 000 47 300 '? 7' 300 50 000 I")