Question 1 (a) STM sells a variety of hardware to Alwyn Ltd, a DIY business. A sale is made on 1st March 2021 for 8,000. Terms are 5% discount if settlement is made within 28 days. Alwyn Ltd settles the account within 21 days. Required: (i) Demonstrate the Double Entry to record all of the above transactions in [4] STM's Accounts. (ii) Explain the Double Entry required for posting the total of the Sales Day [2] Book to the Nominal (General) Ledger. (b) STM earned a profit for the year ended in 2020 of 105,000. During the year, STM introduced further of Capital of 30,000, obtained a Loan of 20,000 and made Drawings amounting to 45,000. Net Assets at the start of the Accounting Year were 200,000. Required: Calculate STM's Closing Capital at the end of 2020. [3] (c) STM' Vehicle Cost Account at 31st December 2020 contained the following information. Bal b/f 80,000, Additions 30,000, Disposals 15,000. Required