The primary goal of accounting is to provide information to an organization's users in order for them to make better decisions. 

Discuss the information needs of internal and external users in making better decisions.

Mr. Adam commenced his audit firm on 1 January 2023. Prepare the journal entries for the following transactions during January 2023.

Date	Transactions
January 1	Adam, the owner of Syarikat ABC, contributed RM10,000 to his company.
5	Syarikat ABC purchased office supplies for RM1,500 on credit from Office Depot.
15	Syarikat ABC paid RM800 cash to settle the accounts payable to Office Depot.
21	Syarikat ABC earned RM5,000 cash for revenue for services rendered to a customer.
30	Adam withdraws RM1,200 in cash to settle his personal loan.
31	Syarikat ABC incurred RM800 of utility expenses for the month, to be paid later.