5. The following is the post-closing trial balance for the Whitlow Resources as of December 31, 2022. Account Title Cash Accounts receivable Debits RM 6,000 Credits 3,000 Inventory Equipment Accumulated depreciation Accounts payable Share capital 6,000 12,000 RM 4,500 4,000 9,000 Retained earnings 9,500 Totals RM 27,000 RM 27,000 The following transactions occurred during January 2023: January 1 Sold inventory for cash, RM4,500. 2 Purchased equipment on account for RM6,500 from the Strong Company. 4 Received a RM200 invoice from the local newspaper requesting payment for an advertisement that Whitlow placed in the paper on January 2. 8 Sold inventory on account for RM6,000. 10 Purchased inventory on account for RM10,000. 13 Purchased equipment for cash, RM900. 16 Paid the entire amount due to the Strong Company. 18 Received RM6,000 from customers on account. 20 Paid RM900 to the owner of the building for January's rent. 30 Paid employees RM4,000 for salaries for the month of January. 31 Mr White, the owner has withdrew a cash amounted to RM900 for his personal use.. Required: a. Record the Jan 2023 transactions and prepare a trial balance b. Prepare statement of profit or loss and statement of financial position