Mr. Akmal established a tour agency on 1 January 2021. The transactions for the month are as follows: Date 1 2 Transactions Started in business and deposited RM60,000 into a bank account opened specially for the business. Owner buys some goods for RM8,000 from Salleh, and agrees to pay them some time within the next two weeks. 10 Bought office equipment worth RM10,000 by cheque. 11 Sold goods worth RM5,000 on credit. 12 Received cheque of RM5,000 from customer 14 Paid creditors amount due RM8,000 by cheque. 25 Paid utility expenses amounting to RM400 by cheque. 27 The business borrows RM30,000 from the bank, the loan to be repaid in 3 years. 30 Received dividend for the year 2021 for RM5,000. This amount has been credited in the company's bank account. As per the example provided below, you are required to: 1 January 2021- Started in business and deposited RM60,000 into a bank account opened specially for the business. 2019 Effects Account to be debited Account to be credited Book prime of Jan 1 Increase bank Bank RM 60,000 entry General journal Increase capital Capital RM60,000 a) Show the effects (increase/decrease) upon assets, liabilities, expenses, revenue and owner's equity for the transactions. (4 marks) b) State the journal entries (debit/credit). (4 marks) c) Identify the appropriate book of prime entry to record the transactions. (2 marks)