Q3: Taha Consulting Services Inc opened for business on Jan 1 st , 2022. The company maintains the following ledger accounts: [Marks 10] a. On Feb 1 st , borrowed Rs.260, 000 cash from National Bank by issuing 10 percent note payable due in three months. b. On Feb 1st , paid rent for 6 months beginning 1 st May at Rs.28, 000 per month. c. On Feb 2, sold season tickets for a total of Rs.910, 000 cash. The season includes 70 racing days: 20 on Feb, 25 in March, and 25 in April. d. On Feb 4, an agreement was reached with Snack Bars allowing that company to sell refreshments at the track in return for 10 percent of the gross receipts from refreshments sales. e. On Feb 7, paid salaries of Rs.11, 258. Instructions: a. State the type of each transaction and also indicate which transactions could be considered as adjusting entries and why? b. Record each of the above transactions in general journal form. c. Post each entry to the appropriate ledger accounts.