Answer question two (2) and any other 1. a. In clear terms, discuss the evolution of accounting. (3 marks) b. You have recently been appointed the chief financial officer of a parastatal under Ministry of finance and on your resumption of office, the Director General asked you to explain to the management your functions in the organisation. Explain these functions to enable the management understand your functions in the organisation. (3 marks) c. Accounting is the record of business and economic activities that are carried out within an accounting period. Explain this definition. (2 marks) 2. a. Double entry system of accounting was introduced for certain purposes. What are the principal objectives of double entry system? (3 marks) b. Record the following transactions in the books of Muazu and Company. Nov. 1: Muazu & Company started business with N2,000,000 which was deposited in bank. November 2: Paid N3, 000,000 cash to bank. November 3: Made purchases with N6,000,000 November 4: Borrowed N4, 000,000 cash from Ahmed Ahmed