The following transactions were engaged in during the month of March 20 by Dr. Rafiqul Islam: 1. Opened his practice by investing Tk. 1,00,000 in the business 2. Bought office equipment for Tk.70,000 on account from Medical Products, Inc. 3. Paid Tk.20,000 for various medical supplies for the office 4. 5. Received Tk. 16,000 in fees earned during the first month of operations Paid office rent for the month, Tk.2,000 6. paid medical assistant salary for the month, Tk.4,000 7. Paid to Medical Products, Inc., Tk.30,000 on account 8. Withdraw Tk.5,000 for personal use Required 1. Prepare a tabular summary of the transactions in the following form: Cash + Supplies + Equipment Liabilities + Capital (OE) (08 Marks) 2. Prepare the income statement, owner's equity statement, and balance sheet on March 31, 2020 for Rafiqul Islam. (4+4+4=12 Marks)