Meerabelle Communications Online (MCO) is an advertising consultancy firm. It updates its accounts daily. REQUIRED; Indicate the immediate effect of the following errors on each of the accounting elements described in the column headings below, using the following code: 0 - overstated, understated, NE - no effect Do not copy the question. Copy the table below before answering. Net Profit Total Assets Total Liabilities Owner's Equity Error eg. For Example: Received RM500 cash for advice given to a customer but recorded the transaction as RM50. U NE U (1) MCO bought a state of art printer for RM16,000 on account. It was wrongly recorded as RM61,000. (i) MCO paid its telco bill used for the month, RM770 cash. The debit entry was wrongly recorded as Office equipment (iii) The owner of MCO invested RM100,000 cash as additional capital into the business. However, it was recorded as Loan Payable. (iv) MCO owes RM500 for repairs and maintenance expense made on the last day of the month. No adjustment was done. (v) MCO purchased and used some office supplies for RM333, that were on offer. The owner paid using his personal cash but the cash at bank account was credited