Question 25 b) Using the data below (same as question 24a) calculate the value of: 1. Current Assets (2 marks) II. Non Current Assets (2 marks) III. Current Liabilities (2 marks) IV. Non Current Liabilities (2 marks) V. Owner's Equity (2 marks) Account Balances of Allan Trading as at 30 June 2020 Credit balances: Debit balances: Rent 15,700 310,000 Wages and salary 45,000 85,000 Mortgage loan Accounts payable Commissions received Capital 800,000 31,200 Purchases Telephone 5,300 150,000 3,000 Sales 991,000 Discounts allowed Bad debts 4,000 Discount received 6,700 Accounts receivable 11,000 130,800 Cash at bank Drawings 6,600 Land 100,000 250,000 Building Office equipment Advertising 60,000 2,500 Additional information: Opening Stock on 1st July 2019 was $140,000. Closing Stock on 30th June 2020 was $155,000