ANSWER THIS QUESTION Question The following trial balance relate to A to Z manufacturing enterprises for the year ended 31/12/22 Additional information i. Value of the closing stock (1/1/22) -Raw materials - shs3,500 - W.I.P. shs4,200 - Finished goods shs12,300 ii. Prepaid royalty expenses shs2,000 iii. Rent expenses to be apportioned as follows : 4/8 - factory department, the rest to the administration department iv. Unpaid direct labour costs shs1,000 v. Insurance expense to be apportioned as follows 4/6 - selling and distribution department, 2/6 - factory department vi. Factory building to be depreciated at a rate of 15% p.a. on cost vii. Factory machinery to be depreciated at a rate of 8% p.a. on net book value. Required Using the vertical format, prepare i. Manufacturing account for the year ended 31/12/22 ii. Trading and profit and loss account for the year ended 31/12/22 iii. Balance sheet as at 31/12/22