() (A) Kaluciser Sdn. Bhd. buys and sells furniture. During the month of May, the following receipts and payments occurred. Business transactions Date 2020 May 1 2 2 3 6 8 10 13 15 18 20 23 Balance brought down from April 2020: Cash in hand RM200 and Cash in bank RM3,261. Pay rental expenses using cash RM183. Credit sales to Lena RM350. Purchase stationery RM115 by cash. Cash sales RM194. Transfer cash of RM581 to the bank. Purchase goods on credit RM334. Pay creditor, En. Lazi RM317 by cheque. Withdraw cash RM195 from the bank for business's use. Pay Lara Sdn Bhd RM63 by cash. Purchase goods by cash RM125. Received RM565 from Faizal Sdn Bhd, RM65 was received in cash and the remaining by cheque. Withdraw cash of RM85 for personal use. Pay salary expenses RM349 by cash. Maniam Sdn Bhd settle his amount of RM1055 by cash. Purchased furnitures RM119 using cash. Paid Shamala a cheque in settlement of outstanding invoice of RM800 and deducting RM35 cash discount. Receive a cheque from Kenny RM575 after deducting RM25 cash discount. 24 27 28 31 31 31 Required: Prepare a three-column cash book and balance the cash book at the end of the month. (12 Marks) (B) Explain accrual concept, the type of accruals with an example and how should the accounting treatment be in the financial statement. (5 Marks) (17 Marks)