Question: The assignment is based on Yours Trader, a sole proprietorship. You work in the business as a consulting Finance Analyst. You are expected to assess

The assignment is based on Yours Trader, a sole proprietorship. You work in the business as a consulting Finance Analyst. You are expected to assess the financial performance of the business for the year ended December 31, 2023. The financial performance can only be measured from the financial statements; hence you will be required to first extract a trial balance from which you then prepare the financial statements for the business. The financial statements comprised the Statement of Profit and Loss and the Statement of Financial Position (Balance Sheet)

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