QUESTION 2 Below are the transaction in relation to Mutiara Enterprise for January 2020 Transactions Eg: Paid stationeries by cheque Effects Double entry Increase Dr Stationery expenses Cr Bank Decrease asset 1. Owner brought in cash into the business 2. 3. 4. 5. Owner brought in furniture into the business Purchased goods on credit from Sweety Enterprise Received a loan from ABC Bank Paid employees wages by cheque Required: a) Identify the effects (increase/decrease) of the above transactions on assets, liabilities, owner's equity, revenues and expenses. (5 marks) b) Identify the double entry for the above transactions marks) (Total: 10 marks) (5