Financial Reporting question

Note: Solve in typed words... not in picture

QUESTION 2 Bling Bling Enterprise is a business selling high quality Korean made imported brooch owned by Puan Diva, started its operations on 1 January 2021 .Given below are the transactions of Bling Bling Enterprise for the month of January 2021. Jan 1 3 5 7 Puan Diva brought in RM100,000 cash and deposited the money into business bank account. Purchased delivery van from Second-Hand Dealer Bhd worth RM50,000 on credit. Purchased furniture worth RM5,000 from KSL Furniture and paid by cheque immediately. Received trade discount of 10%. Purchased goods worth RM10,000 from Branded Gems Bhd on credit. Returned defective goods to Branded Gems Bhd amounting to RM1,000. Puan Diva took goods worth RM250 from the business for her personal use. Sold goods to Che Det Enterprise worth RM2,500 by cash. Paid the amount owed to Branded Gems Bhd by cheque. Received cash of RM250 being commission received from Dash Bhd. Paid utilities bill amounted to RM500 by cheque. 8 10 13 22 25 30 The company uses the periodic inventory system to record its inventories. QUESTION 3 The following are business transactions for Ryan Enterprise in January 2021. January 1 January 2 January 4 January 6 January 8 January 14 January 20 January 24 January 31 Mr Ryan started a business with cash of RM 8,000, office equipment of RM 5,000 and cash at bank RM4,000. Bought goods from Sri Iskandar on credit of RM 3,000. Sell goods on credit to Ali RM580. Ali returned goods worth RM80 due to some defects. Mr Ryan took cash of RM 200 from the business for his personal use. Bought a computer from Cyber Sdn Bhd on credit for RM 3,000. Sell goods on cash to Zainab RM900 and grant Zainab a discount of RM50. Ali paid the amount owing by cheque. Pay electricity bills by cash amounting to RM 100. The company uses the periodic inventory system to record its inventories. Required (For Question 2 & Question 3): Analyse the effects for the above transactions on asset, liability, capital, revenue and expense. Use the format given below to answer the questions. Example: January 31 Paid shop rent for the month RM1,500 by cheque. Date Jan 31 Effects Increase Decrease Expense: Rent Asset : Bank Expense Double Entry (Accounts) Debit Credit Rent Expense Bank (1,500) (1,500)