Prepare a Trial balance for Sole proprietor with $15$ entries. The total debits should be equal to sh$.4,657,500.$ All elements of financial statements must be included. The value of capital sh$.1,000,000.$

$(8$ marks$)$

Add $4$ notes adjusting the trial balance; include an accrual, prepayment and depreciation.

$(4$ marks$)$

Prepare the income statement and the statement of financial position.

$(18$ marks$)$