QUESTION TWO ACCOUNTING THEORY 12 MARKS Geraldine runs a business from her home as a sole trader. She sells clothes she makes on-line and has one employee. She has called her business The Clothes Horse. tttttttttt 8 The accountant has applied the period reporting concept when the financial statements for The Clothes Horse were prepared. Balance Day is 30 June each year. Give an example from the financial statements that shows this. (1 mark)