Answer in word or text. No hand writing or picture please. Thank u.

QUESTION 2 Below is the detail of transactions for Hips Book Caf for October 2020: 2020 October 1 2 5 6 7 8 12 15 18 No N Rayyan start up Hips Book Caf with RM20,000 capital invested into bank. He purchase furniture and fittings for RM4,000. Bank loan of RM30,000 obtained from Maybank deposited into bank. He purchased first batch of books of RM15,000 from PTS Publication on credit. Hips Book Caf advertise their service for RM650 paid later. Cash sales of RM1,550 was recorded at end of day. Credit sales was made to Big Book Worms for RM1,700. Credit sales was made to Suka Baca for RM2,000. Return inwards from Suka Baca due to printing error. Sales amount was RM650. Hips Book Caf return RM3,500 to PTS Publication due to printing error. Hips Book Caf received RM1,000 from Big Book Worms being partial payment. Hips Book Caf pays the following: RM1,200 of rent, RM1,100 of staff wages and utilities RM220. Hips Book Caf pay the advertising invoiced earlier. Rayyan took out RM500 from cash register machine at end of day. 21 22 28 29 30 REQUIRED: Prepare the Journal entries as at 31 October 2020