Question 1 Below are the opening and closing balances of Sweet Dreams Enterprise, a trader at the night market for year 2014 and 2015: As at 31.12.2014 Van - GH18,000 Furniture - GH5,400 Trade Receivables - 12,300 Inventories - GH9,000 Cash & Bank - GH15,000 Trade Payables - GH3,600 Loan from Kaya - GH10,500 As at 31.12.2015 Van (net of depreciation) - GH15,000 Furniture (net of depreciation) - GH4,800 Trade Receivables - GH18,600 Inventories - GH11,400 Cash & Bank - GH23,400 Trade Payables - GH5,400 Loan from Kaya - GH6,000 Drawings - GH15,600 Madam Abowoso the owner of sweet dreams Enterprise wants to determine the amount of profit or loss she made in 2015