Syarikat Achmar was involved in the following transactions during December:

Date	Transactions
1 December	Started a financial planning services company by investing RM150,000 cash and office equipment of RM50,000.
2	Purchased RM12,000 of office equipment on credit.
3	Purchased RM3,000 of office supplies on credit.
4	Completed service for a client and received a payment of RM9,000 cash.
8	Completed service for Syarikat Juara on credit amounting to RM17,000.
10	Paid the supplier for the office equipment purchased on 2 December.
14	Paid RM9,600 being the annual premium for an insurance policy.
18	Received payment in full from Syarikat Juara for the service completed on 8 December.
27	Owner withdrew RM6,500 cash from the company to pay personal expenses.
30	Paid RM1,750 cash for the utility bills in December.
31	Received RM20,000 cash from a client for a financial service to be rendered next year.

Required:

1. Analyse the effects of the above transactions to the accounting equation by using the format given below:

Assets	=	Liabilities	+	Owners Equity

(6)

2. Prepare journal entries to record all of the above transactions.

(5.5)

3. Prepare the trial balance as at 31 December 2021.

(3)