points) Aniwaniwa Corp has provided their financial statements as presented below. During the internal audit, you noticed that some of the transactions were not reflected in the accounts and you instructed the accountant to record ther ng transactions. How will the transactions change the information presented in the financial statements? Aniwaniwa Corp. Statement of Financial Position 30 September, 2020 Assets Current Assets Cash and cash equivalents Accounts receivables Inventory Prepaid expenses Other current assets Total current assets Property, plant and equipment Intangible assets Goodwill Other assets Total assets 252,600 430,200 1,560,000 205,000 68,400 2.516,200 3,387.000 2,050,000 780,000 123,700 3,856,900 Liabilities and Shareholders' Equity Liabilities Current liabilities Accounts payable 663.600 st BOTE Q Search or enter website name & 7 0 $ 4 % 5 9 %23 3 8 6 Accounts payable Curren portion of long-term debt Deferred revenues Salaries payable Utilities payable Other current liabilities Total current liabilities Non-current liabilities Total liabililities Shareholder's' Equity Common shares Retained earnings Total shareholders' equity Total liabilities and sharehoders' equity 663,600 24,000 356,700 23,900 450 701,100 1,769,750 3,279,000 5,048,750 3,000,000 808,150 3,808,150 8,856,900 1) Paid biweekly employee salaries of $47,800 which had not been recorded before. 2) Paid outstanding amount of $28,000 to suppliers. 3) Received an invoice for utilities of $900 for the current month, payable at the end of the following month. 4) Paid monthly income tax instalment of $850. 5) Paid $2500 of the balance due on the mortgage. Also paid $133 in interest on the mortgage. Instructions: Prepare the journal entries for the five transactions and indicate how the accounts below will be affected after recording them. otv & 23 Paid biweekly employee salaries of $47,800 which had not been recorded before. Paid outstanding amount of $28,000 to suppliers. -) Received an invoice for utilities of $900 for the current monin, payable at the end of the following month. 4) Paid monthly income tax instalment of $850. 5) Paid $2500 of the balance due on the mortgage. Also paid $133 in interest on the mortgage. Instructions: Prepare the journal entries for the five transactions and indicate how the accounts below will be affected after recording them. (Note: Don't forget to upload your notes incl. journal entries to the dropbox after you submitted the exam). Blank 1: Adjusted Cash and cash equivalents Blank 2: Adjusted Total liabilities Blank 3: Adjusted Shareholders' equity Blank 4: Adjusted Current Liabilities Blank 5: Effect on Operating Profit (=Earnings before interest and taxes, EBIT); (Formatting requirement: If the 5 transactions lead to a total increase of $5,000 write +5000; If the 5 transactions lead to a total decrease of $5,000 write -5000)