b. Ms. Afreen is a licensed dentist. During the first month of the operation of her business, the following transactions occurred: May 1 Invested Tk. 500,000 cash in her business. 5 Purchased dental supplies on account for Tk. 50,000. ..20 Borrowed Tk. 100,000 from the bank on a note payable. " ,, 25 Received Tk. 20,000 in cash from the customers who have previously been billed. ,, 31 Paid by the owner Tk. 30,000 of the amount due in transaction on May 5. " Required: Journalize the transactions. c. ABC Company started business on January 1. The ledger of ABC Rental Agency on March 31 of the current year includes the selected accounts, shown below, before adjusting entries have been prepared. Cash Prepaid Insurance Supplies Equipment Accumulated Depreciation- Equipment Mortgage Payable Unearned Rent Revenue Rent Revenue Interest Expense Salaries and Wages Expense Capital Total An analysis of the accounts shows the following. Debit Credit Tk. 30,000 3,600 2,800 45,000 Tk. 8,400 10,000 10,200 40,000 0 17,200 30,000 98,600 98,600 1. Interest rate on mortgage is 12%. (The mortgage loan was taken on January 1) 2. One-third of the unearned rent revenue was earned during the quarter. 3. Insurance expires at the rate of tk.200 per month. 4. Salaries accrued on March 31 are tk. 1,000. Required: Prepare the adjusting entries at March 31.