Question 1 (20 mark) State Bank of Ryde provides short term finance for its clients. The following traction took place botween the bank and its client, Rhodan Asia Supermarket. 2019 January 1 Rhodes Asin Supermarket discounted its own 60-day bill of catchango made out to the Country Bank of Monman. The fince value of the bill win $90, 000 and the bill was discounted at 3% p... March 1 Paid the State Bank of Rydo the amount duo on the bill. April 1 Rhodes Asia Supermarket discounted its own 120-day bill of exchange made out to the State Bank of Ryde. The face value of the bill was $60,000 and the bill was discounted at 5% p.a. August 1 Paid the State Bank of Ryde the amount due on the bill. 01 Provide journal entries for the above transactions and necessary adjustments, assume the financial year end is 30 June every year