Question 1 (A) Show journal entries for the scenarios below: (a) Jerry has an agricultural business that sells fertilizer and other equipment for farming. He contributed RM500 cash to be used in the office. RM10,000 into the business bank account and his car is being used to transport all the business goods. The value of the car at the time was estimated to be RM20,000. (b) Jerry has purchased a piece of farming equipment, that he plans to resell. He paid RM5,000 for it. (c) Jerry has sold some goods to a customer, and the customer paid RM4,000 using his debit card. (d) Jerry has purchased a piece of furniture for his office, he still owes the furniture shop XYZ Enterprise RM2,000 for it. (5 marks) (B) Calculate the following figures that are missing in the accounting equation: Assets RM 30,000 69,400 47,500 71,800 ? Accounting Equation Liabilities Equity RM RM 18,000 ? 32,100 ? ? 11,700 ? 19,400 30,500 28.100 (5 marks) [Total: 10 marks]