Question 1 Identify and explain the additional accounts that the merchandising company likely to use as comparing to those of a service company. (15 marks) Question 2 Prepare adjusting journal entries in the GENERAL JOURNAL for the year ended 31 December 2023. Narratives are required. i. Depreciation on equipment at cost of RM450,000 and accumulated depreciation of RM25,000 is charged at 10% per annum with reducing balance method. (3 marks) ii. Office furniture at cost of RM200,000 is expected to be used for 10 years with salvage value of RM3,000. (3 marks) iii. As at 31 December 2023, commission income received in advance is amounting to RM2,500. iv. Travelling expense accrued for RM300. v. Withdrew RM1,400 cash from the office. (3 marks) (3 marks) (3 marks)