a$)$ Nyabusi a sole trader has prepared the following balance as at $31$ March $2023$

ksh

Sales

Discount Received

Rent Received

Returns outwards

Creditors

Bank Overdraft

Capital

Purchases

Salaries and Wages

Office expenses

Insurance premiums

Electricity

Stationery

Advertising

Telephone

Business Rates

Discounts allowed

Returns Inwards

Stocks as at $1$ April $2022$

Warehouse, shop and office

Fixtures and fittings

Debtors

Cash in till

Drawings

$378,500\mathrm{.}00$

$2,400\mathrm{.}00$

$7,500\mathrm{.}00$

$7,700\mathrm{.}00$

$18,700\mathrm{.}00$

$30,000\mathrm{.}00$

$287,500\mathrm{.}00$

$261,700\mathrm{.}00$

$45,700\mathrm{.}00$

$8,400\mathrm{.}00$

$3,100\mathrm{.}00$

$1,600\mathrm{.}00$

$6,200\mathrm{.}00$

$8,400\mathrm{.}00$

$2,100\mathrm{.}00$

$7,500\mathrm{.}00$

$600\mathrm{.}00$

$4,100\mathrm{.}00$

$120,600\mathrm{.}00$

$210,000\mathrm{.}00$

$12,800\mathrm{.}00$

$13,000\mathrm{.}00$

$500\mathrm{.}00$

$26,000\mathrm{.}00$

The following further information was obtained:

$$ Closing stock was ksh $102,500\mathrm{.}00$

$$ Electricity charges accrued ksh $700\mathrm{.}00$

$$ Advertising expenses accrued ksh $500\mathrm{.}00$

$$ Insurance premiums paid in advance ksh $900\mathrm{.}00$

$$ Business rates prepaid ksh $1,500\mathrm{.}00$

Required:

Prepare a trial balance, trading, statement of financial performance for the year ended $31$ March $2024$ and statement of financial position as at that date. $(20$ marks$)$