Question 6 On 1" September 2019, the ledger of CooWart Sdn. Bhd. contains the following liabilities accounts vo Ringgit Malaysia (RM) Accounts Payable Unearned Service Revenue Sales Tax Payable 47,352 15,400 10,350 During the month, the following transactions occurred. 1 2 10 13 25 30 31 Borrowed RM70,000 from OK Bank on 12 months, 7% notes payable Provided services for customers who had made advance payments of RM8,000. Paid RM10,350 sales tax payable to Custom Department by cash. Purchased printing machine on credit, RM14,500 from Perfect Printing Sdn Bhd Paid RM26,742 for accounts payable by cash. Sales for September 2019 amounted to RM167,480 included 5% of tax Accrued the interest on notes payable. Required: a) b) Journalize the above transactions Prepare the current liabilities section of Statement of Financial Position at 30 September 2019 CooWart Sdn Bhd paid its accrued interest on 5 October 2019. Journalize this transaction. c) Question 7 Sharp Focus Sdn Bhd has been sued for RM0.5 million for a workplace injury involved one of its employees while working at the entity's outlets in June 2017. The lawsuit was filed in September 2017. The legal advice is that is it possible that the company will lose the lawsuit. Further evidence in June 2018 indicates that it is possible that the company will be liable and estimated of the lawsuit is RM1.5 million. Based on Malaysian Financial Reporting Standards (MFRS) 137 Provisions, Contingent Liabilities and Contingent Assets, Determine how the entity should treat the lawsuit above as at 31 December 2018 and 2019