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Part A Fabula Berhad prepares yearly financial statements. Below are listed some selected accounts and their balances as at 31 December 2021 before any adjustments have been made for the year. Accounts Office Supplies Life Insurance Equipment Accumulated Depreciation - Equipment Vehicles Accumulated Depreciation - Vehicles Accounts Payable 10% Notes Payable Unearned Revenues Petrol & Toll Expenses Telephone & Internet Expenses Accounts Receivable RM 270,000 300,000 200,000 10,000 500,000 50,000 469,800 240,000 426,800 36,000 10,000 450,000 An analysis of the account balances by the company's accountant provided the following additional information: 1. A physical count of office supplies revealed that one-third (1/3) still on hand as at 31 December 2021. 2. A five-year life insurance policy was purchased on and effectively used from 1 January 2021. 3. Depreciation for the year to be computed as follows: a. Equipment is 5% using straight line method. b. Vehicles is 10% using reducing balance method. 4. The amount of unearned revenue that remains unearned at the end of the year is RM126,800. 5. Borrowed notes payable by signing on 1 January 2021 with 10% interest accrued annually. 6. Accrued petrol and toll expenses amounted RM11,000 of which yet to be recorded at the end of the year. 7. Telephone and internet expenses are charged RM1,000 per month. The amount stated above does not include charges for November and December 2021. 8. Accounts receivable of RM300,000 have been collected at the end of the year. 9. Accounts payable of RM260,000 have been paid at the end of the year. Required: Prepare adjusting entries for the above transactions. Show all workings (if any). (10 marks)