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. Jim purchased goods worth RM3,000 on credit from Jenny. 3 Feb 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. 20 Feb Jeremy returns goods to Jim that were purchased for RM50 Jim pays amount due to Jenny and gets a 5% discount for early payment 26 Feb Required: a) b) To prepare the journal entries for the February transactions. (21 marks) To record the above transactions in the relevant ledger accounts and balance-off the accounts (24 marks) To prepare the trial balance as at 28 February 2020 (11 marks) c)