QUESTION 2 Mr. Yasin started a sole proprietorship business, Minima Enterprise, to sell home and office furniture on 1 January 2021. The following business transactions occurred in the month of January 2021: Transactions Date January 1 Mr. Yasin brought into the business RM20,000 cash. 5 Purchased home and office furniture worth RM42,400 on credit from Woody Factory 6 Purchased a lorry worth RM35,000 from Yap Truck Trading. Paid RM5,000 in cash as a deposit, and the remaining balance was to be paid in three month time. 8 Sold bedroom set worth RM10,500 on credit to Haikal. 10 Returned damaged dinner table worth RM2,900 to Woody Factory. 15 Sold office furniture worth RM5,800 in cash to Tax Consult firm. 17 29 30 Paid utility bills of RM600 by cash. Mr. Yasin took bookshelves worth RM1,370 for his home. Haikal returned a defective bedside drawer worth RM300. 31 Tax Consult firm returned the office chair worth RM300 due to its wrong colour and was refunded accordingly. Required: Using the format given below, answer the following questions: Date a. i. Effects a. ii. Journal Entry January Increase Decrease Debit Credit b. Books of Prime Entry For example 1 Asset Equity Cash RM20,000 Capital RM20,000 Cash receipt journal a. For the transactions from 5 January 2021 to 29 January 2021, identify: i. The effects (i.e., increase or decrease) of the transactions on the asset, liability, equity, income, or expense. ii. The accounts to be debited and credited