Show me the steps to solveQuestion # $1$: Jasim Brothers is rendering information services and its financial information in Bangladesh Taka for the month of January $2024$ are as shown below:

$($a$)$ Started the business with a cash of Taka $10,900$;

$($b$)$ rendered services on account for Taka $6,200$;

$($c$)$ purchased equipment on account $10,600$;

$($d$)$ Accumulated Depreciation for the month on equipment was Taka $400$;

$($e$)$ Cash purchased of supplies for an amount of Taka $2,800$;

$($f$)$ received cash for an amount of Taka $1,200$ in advance for rendering services in the near future;

$($g$)$ Owner$$s Drawings was Taka $200$;

$($h$)$ Service rendered in cash for an amount of Taka $13,900$

$($i$)$ Payment of rent for the month was Taka $1,000$;

$($j$)$ salaries and wages Expense $3,100$;

$($k$)$ Utilities Expense $1,100$;

$($l$)$ The office space was managed by paying an advance of Taka $3,000.$

Required: $($a$)$ prepare all journal entries, ledgers, and trial balances for the month of January $2024$;

$($b$)$ prepare the monthly income statement, Owner$$s equity statement, and balance sheet.

Question # $2$: $($a$)$ Write in detail with relevant examples about the following external users of financial accounting information and the reasons behind their usages of financial accounting information:

$($i$)$ Taxing authorities

$($ii$)$ Labor unions

$($iii$)$ creditors

$($iv$)$ investors;

$($b$)$

"Assumptions provide a foundation for the accounting process. Two main assumptions are the monetary unit assumption and the economic entity assumption." $$ Write a detailed note on these two assumptions with relevant examples.

$($c$)$ Write short notes on

$($i$)$ ethics in financial reporting and

$($ii$)$ the Sarbanes Oxley Act $($SOX$)$

Question # $3$: $($a$)$ Why is accounting such a popular major and career choice? Accounting is hot because it is obvious that accounting matters! There are a lot of jobs. In many areas in recent years, the demand for accountants exceeded the supply. Not only are there a lot of jobs, but there is also a wide array of opportunities. As one accounting organization observed, $$accounting is one degree with $360$ degrees of opportunity.$$

Required: Describe about the various career opportunities in accounting.

$($b$)$ Accounting and accountants have been becoming issues of criticism, particularly started from Enron scandal and the trends of scandals have been gaining stronger since then. These accounting scandals are not limited to corporate America, rather it has extended worldwide; in this respect Korean Discount is noteworthy.

Required: Describe about Korean Discount and its aftermath effects in China, India, Japan, Hong Kong and Korea as well.

$($c$)$ Compose a detailed note on accounting function of communication with relevant instances and examples to enrich your response.