Please write very briefly

Review Questions 1 Describe the final accounts of a sole trader. 2 Explain what is meant by'year-end adjustment' 3 Explain the following terms: a. Non-current asset b. Current asset; c. Non-current liability, and d. Current liability 4 Explain the purpose of preparing the statement of comprehensive income S Explain the purpose of preparing the statement of financial position. 6 Explain briefly the objectives of preparing financial statements