Jim decides to start a small business that he runs himself as a sole trader. The following transactions occurs for the month of February 2020: 1 Feb Capital of RM20,000 was introduced by Jim. 3 Feb Jim purchased goods worth RM3,000 on credit from Jenny. 5 Feb Credit sales of RM4,000 were made to Jeremy. 6 Feb Rent was paid at cash of RM700. 10 Feb A second-hand van was purchased for RM5,000 by cash. 13 Feb Jim took RM500 cash from the business for personal use. Jeremy returns goods to Jim that were purchased for RM50. 20 Feb 26 Feb Jim pays amount due to Jenny and gets a 5% discount for early payment. c) d) To prepare the trial balance as at 28 February 2020. (11 marks) To prepare the statement of profit and loss for the month ended 28 February 2020. (7 marks) To prepare the statement of financial position as at 28 February 2020. (7 marks)