Required: 1.1. Record the transactions (1-16) in the accounting format provided. Note that the accounting equation is sensitive to +/- and to general ledger accounts. (40) Format to be used: Asset Financial impact Liability Financial Account impact Equity Financial Account impact Account Accounts +500 Bank 1.2. 500 payable Record the transactions (1-16) in the accounting records via general journals for the financial year ended 31 July 2022 (30)