Question 1 Brian started in business on 1 December 2021. The following is a list of his transactions for his first month of trading: December, 2021 Dec 1 2 3 4 5 Opened a business bank account with RM 25,000 from his personal account Paid one month's rent of RM 2,000 by cheque Bought goods costing RM 5,000 on credit from Linda Purchased motor car from Savoy Motors RM 4,000 on credit Purchased goods costing RM 3,000 on credit from Sydney Cash sales of RM 6,000 More goods costing RM 10,000 purchased from Linda on credit Sold goods on credit to Ann for RM 8,000 Returned RM 2,000 of goods to Linda Paid RM 6,000 in cash into the bank Ann returned RM 1,000 of goods 10 15 20 22 23 24 25 26 28 29 30 31 Paid by cheque another month's rent of RM 2,000 31 Brian introduced RM 5,000 additional capital into the business by cheque Withdrew RM 500 in cash from the bank to open a petty cash account Cheque received from Ann for RM 5500 Offices expenses of RM 250 paid out of petty cash Sent a cheque to Savoy Motors for RM 4,000 Cheques sent to Linda and Sydney for RM 8,000 and RM 2,000 a) Records the following transactions in journal b) Enter the above transaction in Brian's ledger account for December 2021 balance off the account and bring down the balances as at 1 January 2022. c) Compile a trial balance as at 31 December 2021