Question: Please help me solve these accounting questions. QUESTION TWO. The following trail balance was extracted from the hnok The following additional notes have been given:

Please help me solve these accounting questions. QUESTION TWO. The following

trail balance was extracted from the hnok The following additional notes have

Please help me solve these accounting questions.

QUESTION TWO. The following trail balance was extracted from the hnok The following additional notes have been given: 1. Stock at 31/12/17 was GHS 9,996,000 2. Rent prepaid is GHS157, 000 3. Sundry expenses accrued amounted to GHS52, 000 4. Depreciation is provided at rate of 20% on cost. You are required to prepare: a. Trading, Profit and Loss account for the year ended 31/12/2017 b. Statement of financial position or Balance Sheet as at 31/12/2017

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