Question 1 Mr. Femandes is the owner of a sole proprietorship, F. Fernandes Enterprise. The following is his accounting record as at 1 August 2022. Paid rent in cash RM75. Date Business Transactions 1 Started the business with RM16,000 cash and RM11,000 in the bank. 2 3 Bought goods on credit: J Biggs RM830, D Martin RM610, and P Lot RM590. Bought goods for cash RM370. 4 5 6 7 8 12 15 7722 24 28 Required: Bought stationery paying by cheque RM62. Sold goods on credit: D Twigg RM370, B. Hogan RM290, K. Fletcher RM410. Paid wages and rent in cash of RM160 and RM175. Returned goods to D. Martin RM195. B. Hogan returns goods RM35. Bought a van on credit from B. Black for RM6,100 Received part of the amount owing from K. Fletcher by cheque RM250. Paid by cheque: J Biggs RM830; D. Martin RM415, B. Black RM6,100. State the double entry for the above transactions. (Total: 20 Marks)