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QUESTION 1 (30 MARKS: 54 MINUTES) Tara owned a business known as Hybrid Sdn. Bhd. The following transactions were completed during the month of January 2017: Additional information: i. Insurance expired during the month of January 2017 was RM200. ii. Ending inventory of supplies was RM875. iii. Depreciation of office equipment for the month of January 2017 was RM675. iv. Accrued receptionist salary on 31 January was RM150. v. Unearned fees on 31 January were RM1,150. REQUIRED: (a) Prepare the journal entries to record each of the transactions including all the necessary adjustments for the month of January 2017 (Omit the explanations). (10 Marks) BKAFI023 INTRODUCTION TO FINANCIAL ACCOUNTING (b) Post the journal entries in (a) above to a three column ledger. (10 Marks) (c) Prepare an adjusted trial balance for Hybrid Sdn. Bhd. for the month of January 2017. (4 Marks) (d) Prepare the Statement of Profit or Loss and Other Comprehensive Income for Hybrid Sdn. Bhd. for the month of January 2017. (2 Marks) (e) Prepare the Statement of Financial Position for Hybrid Sdn. Bhd. as at 31 January 2017. (4 Marks)