Rasa Sayang Enterprise, a grocery shop business was set up on 1 November 2022. Below are the business transactions during the month of November 2022. Date November 2022 2 Transactions 7 9 10 12 14 15 18 20 Owner brought in RM90,000 cash and furniture valued at RM22,000 into the business. Purchased goods worth RM7,000 on credit from Pacific Store. Sold goods worth RM5,500 on credit to Sally. Purchased a display cabinet on credit from Ali Furniture worth RM4,200. The payment will be paid in four equal instalments starting next month. Returned damaged goods to Pacific Store worth RM300. A credit note of RM300 was issued to Sally for the return of damaged goods. Cash sales to Marina worth RM1,300. Received full settlement from Sally for the amount due after deducting a cash discount of RM50. The sum was received by electronic funds transfer. Owner withdrew goods worth RM500 from the business for personal consumption. 21 Sold furniture for RM 22,000 to Ali Samad. Received cash RM 10,000 and remaining balance will be paid at the end of month. Required: Using the format below, answer the following questions: a) Date a. Increase Effects b. Double Entry Decrease Debit Credit Identify the effects (increase or decrease) on assets, liabilities, revenues, expenses or capital for the above transactions. (10 marks) b) Show the accounts to be debited and credited for the above transactions. (10 marks) (Total: 20 marks)