The following information relates to the business of Mr. Emeka Eze, a sole trader, for the year ended 30 June 2023. (a) Explain FOUR distinctions between a Trading Account and a Profit and Loss Account as used in the final accounts of a sole trader. (8 marks) (b) The following errors were discovered after the preparation of Mr. Emeka Eze's draft final accounts, which showed a net profit of ₦215,600: (i) A credit sale of ₦18,500 to a customer had been completely omitted from the books. (ii) Closing stock had been overvalued by ₦12,000. (iii) Depreciation of ₦9,400 on motor vehicles had not been charged. (iv) A cash payment of ₦6,200 for stationery had been debited to the Purchases Account. (v) Rent received of ₦5,000 had been credited to the Sales Account. (vi) Drawings of ₦14,000 made by Mr. Eze had been debited to the Salaries Account. Prepare a Statement of Corrected Net Profit, clearly showing the effect of each correction on the draft net profit. (12 marks)