Fresh Bouquet Enterprise is a local organic fertilizer distributor for flower nurseries around Malacca and Johor. The company has the following opening balances for the month of August 2019. Account RM Bank 25,000 (debit) Inventories 5,300 (debit) Accounts Receivable 7,200 (debit) Accounts Payable (Cameron Enterprise) 2,700 (credit) Capital 34,800(credit) The following transactions occur during the month: August 2019 2 Deposited RM7,000 into the bank as additional capital 4 Bought 60 packs of organic fertilizer on credit RM5,200 from Cameron Enterprise. 5 Bought a second hand van worth RM70,000 from Great Auto. Paid RM6,000 by cheque and remaining balance by loan from Megah Bank. 7 Bought 20 packs of organic fertilizer for cheque RM1,740. 10 Sold 40 packs of organic fertilizer on credit RM4,000 to Highland Flowers. 12 Highland Flowers returned 5 pack of fertilizer total of RM500 to Fresh Bouquet Enterprise due to wrong specifications. 19 Sold 15 packs of fertilizer amounted to RM1,500 by cheque. 29 Paid Cameron Enterprise RM3,200 by cheque 31 Ending inventory amounted to RM2,167 Required: a) Journalize the Aug's transactions by using periodic inventory system. b) Post to accounts and prepare a trial balance as at 31st Aug 2019. Prepare the Statement of Profit or Loss for the month ended 31st Aug 2019