Rina runs a small bakery in Bandar Baru Nilai. At the beginning of the year, on 1 January, the ledger of her bakery showed the following account balance: Cash RM5000, Account Receivable RM2300, Inventory RM1400, Account Payable RM850, Capital RM20,000. The following transactions occurred during January 2020: Jan 2 Purchase goods from Choconis worth RM3,000, RM1,000 is paid in cash and the balance will be paid on 15 January. 3 Paid RM850 to the outstanding creditors. 4 Purchased goods worth RM2,000 on credit from Betty Trading. 8 Cash sales of RM7,000 10 Purchase office supplies for RM500. 11 Cash sales of RM3,000 12 Paid advertising expenses of RM400. 15 Paid Choconis the balance due on 2 January purchase. 20 Credit sales to Koperasi Petani, RM5,200. 23 Purchase new mixer for RM3000 cash.