QUESTION 1 Puan Endang and Mr Hyder are small entrepreneurs who are in the manufacturing business of processing health products in North Perlis. Their business was registered under the Partnership Act 1961 under the name Endang Hyder Partnership (EHP). In the final quarter of 2021, EHP had a net income of RM80,000. Endang's balance of capital as of 1 October 2021 was RM60,000 and Hyder RM80,000. Meanwhile, there was a drawing of RM10,000 made by Hyder on 31 December 2021. The details of the agreement between them are as follows: 1. Salary of RM4,000 per month is allowed on Endang and RM8,000 per month on Hyder. 2. Interest on authorized capital at the rate of 10% per annum of the initial balance of capital. 3. Profit and loss are divided equally. 4. The partnership uses the fluctuating capital method to account for its equity. Required: Set up for EHP businesses: A. The table of the distribution of profit and loss for the 3 months ended December 31, 2021. B. Closing entry to record profit and loss distribution as of 31 December 2021. C. The Partnership Capital Statement for the 3 months ended 31 December 2021. D. Explain what "unlimited liability" means