Question 1 Not yet answered Mr. Rahman opened a business firm on June 1, 2019. During June 2019, the following events and transactions occurred in the business: Marked out of 16.00 P Flag question June 1 Started business with cash $10,000; goods $7,000 and furniture $6,000. 3 Purchased furniture of $5,000 of which, those worth $1,500 are for office use and the balance for stock. 4 Truck fare paid on purchase of goods $4,000 5 Transportation paid on sale of goods $3,000 11 Brought a family car of $5000 into business. 12 Took an air conditioner of $3000 from business for family use. 13 Inventory of $5,000 destroyed by fire. 14 Payment made to creditors to the value of $10,000 at 10 percent discount. 15 Sold goods for cash $10,000 and on credit $5,000. 17 Sold a car for $5,000 and purchased a new truck for business with the proceeds plus $6,000 from office cash. 19 Rent of $1,500 paid by cheque. 21 Received commission of $4,000 in cheque. 25 Returned goods to Tommy Company $5,000. 27 Cash of $7000 and goods of $1,500 were stolen from the company. 29 Donations given: cash $1000, goods $500 table worth $2000. 30 Furniture purchased of $6,000 with a discount of 5%. Required: Prepare journal entries