Makuto Lenin has registered as a sole proprietor for trading of IT hardware and accessories. On 15 April 2021, he used his personal savings as start-up capital [refer to Doc 1] for his business named TEKNO Enterprise. There were no other transactions in April 2021.Recently, Makuto has given you the task of preparing accounts for the month ended 31 May 2021. You are given 18 documents and Makuto note [refer to “Doc” zip file] which can assist you to complete your task.Your task consists of the following:a. Record the relevant transactions in the books of prime entryb. Post the entries to the general ledgers (in “T” account format)c. Prepare trial balance as at 31 May 2021d. Prepare statement of profit or loss for the month ended 31 May 2021e. Prepare statement of financial position as at 31 May 2021The presentation of the above must be in proper format.For more information on A Sole Proprietor check on:https://en.wikipedia.org/wiki/Sole_proprietorship
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