IMRAN, a professional tailor, started to operale CUT AND SEW SHOP in January 2020. She brought in her own vehicle wonh RM180,000 for the business and cah of RM50,000. The following transactions were completed in the very first month of operation January Paid RM3,000 for three months rental starting from January 2020 1 Received ordered furniture for merchandise display and paid RM12.000 for the whole amount 2 Purchased tailoring accessories as merchandise inventory from BULL SUPPLIER for RM5.700 FOR Shipping point deras 215/20 Paid freight on purchases from BULL SUPPLIER for RMICO 7 Purchased chiffon materials from LOOKNICE ENTERPRISE for RM3.500 FOR destination terms V10 nfcom 8 Cash sales RMI 900. The cost of the merchandise solid was RRSS 9 Returned 3 meters of chiffon Materials to LOOKNICE sing RM300 10 Sold merchandise totalled RM4.600 50 UUM CULTURAL DANCE GROUP Terms 5/10, 1/30. The cost of the merchandise was RMI S40 11 Paid BULL SUPPLIER the full amount for purchases made on 2 January IMRAN ton chiffon materials costing RM250 as a present for her Daughter 15 Obtained a loan from INASIS BANK BERHAD for RM25,000 cash payable in 2 years. 17 Sold merchandise costing RM2.2000 TISSA UUM for RMS.S00. Terms 5/10 30 20 Paid LOOKNICE in full. Received payment from UUM CULTURAL DANCE GROUP a full 22 Sold merchandise to PROBATE GROUP for RM2,010 and received cash. The cost of the merchandise was RM900 25 Purchased tailoring accessories from BULL SUPPLIER for RM3,900, FOB shipping point term 2/10,n30. Paid freight charges of RM70 27 Paid RM300 to PROBATE GROUP for merchandise restomed that costs RM130 30 Paid utility bills totalled RM510 and RM4.200 salary to employees 31 Purchased a one-year insurance policy starting from Fehoury 2020 for RM4,200 At the end of the month, the following adjustments need to be made Rental expenses for the month 1 GROUPS (W) Vehicles are to be deprecated at the rate of 10% per (ii) Furniture are to be depreciated at the rate of 5% per (i) A total of RM370 salary remained payable at the end of the month YOU ARE REQUIRED TO: - Journalire all the transactions and the adjusting entries in the general journal b. Post all the entries from general journal to general ledger c. Prepare the Adjusted Trial Balance for the month d. Prepare the Statement of Profit or Loss and Other Comprehensive Income for the month c. Prepare the Statement of Changes in Equity for the month 1. Prepare the Statement of Financial Position as at the end of the month & Provide analyses for the month on the following 1. Current Ratio 2. Acid Test Ratio 3. Total Assets Tumover 4. Profit Margin 5. Return on Assets 6. Return on Equity