Preamble: The following Trial Balance was prepared foom the books of Adom Trading Enseprise at the end of the 2022 financial veur Additional infarmation: 1. Inventory at the end of the year was valued an GHic6,.900. 2. The loan was controcted three years ago and annual interest of 5% is puyable at the end of each year. 3. At the end of the year, electricity ening was GHe400 and inuarance prepaid was GHe4,500. 4. Full year's deprociation is charged on asets during the year of acquinition and none in the year of disposal. Depreciation is to be charped as follow: Beildings 2% using the straight-line method Motor Vehicle 20 , uaing the robucing balane method. 40% of the cost of land and baillings is for land. 5. During the year, a vehicle that was bought five years ago at the cost of GHe20,000 was sold for GHes, 200 . 6. During the year, the sole owne, withdrew goods worth GHe1,500 for personal ase. 7. Mr. Obiani who owes the business has heen doclared bankrupt and the thlance on his account GHe 5,700 is to be written oft. The provision for doubtful debts is to be set at 5% of trade revetvables. 8. An additional coetribution of Gite 1,00e by the proprictor inte the busincss hant actount has not yet been recorded in the books of account. Required Activities: (e) Pass the journal entries nooded to post the necessary end-ofyear adjuatments to the rele acconants. (f) Pod the necessary adjusting entries to the relevant ledger accounts and bulance off the aceou (g) Prepare an adjasted trial balance. (b) Prepure a woeksheet showing the secessary adjustunents and the adjusied trial balance. Preamble: The following Trial Balance was prepared foom the books of Adom Trading Enseprise at the end of the 2022 financial veur Additional infarmation: 1. Inventory at the end of the year was valued an GHic6,.900. 2. The loan was controcted three years ago and annual interest of 5% is puyable at the end of each year. 3. At the end of the year, electricity ening was GHe400 and inuarance prepaid was GHe4,500. 4. Full year's deprociation is charged on asets during the year of acquinition and none in the year of disposal. Depreciation is to be charped as follow: Beildings 2% using the straight-line method Motor Vehicle 20 , uaing the robucing balane method. 40% of the cost of land and baillings is for land. 5. During the year, a vehicle that was bought five years ago at the cost of GHe20,000 was sold for GHes, 200 . 6. During the year, the sole owne, withdrew goods worth GHe1,500 for personal ase. 7. Mr. Obiani who owes the business has heen doclared bankrupt and the thlance on his account GHe 5,700 is to be written oft. The provision for doubtful debts is to be set at 5% of trade revetvables. 8. An additional coetribution of Gite 1,00e by the proprictor inte the busincss hant actount has not yet been recorded in the books of account. Required Activities: (e) Pass the journal entries nooded to post the necessary end-ofyear adjuatments to the rele acconants. (f) Pod the necessary adjusting entries to the relevant ledger accounts and bulance off the aceou (g) Prepare an adjasted trial balance. (b) Prepure a woeksheet showing the secessary adjustunents and the adjusied trial balance