TUTORIAL TOPIC 2 Question 1 Mr. Azam Ramli started a supermarket, AR Marts, on June 1, 2019. The following transactions occurred during the month of June. June 01 Invested RM40,000 cash in business bank account. 03 Paid RM1,000 for office rent for the month. 08 Purchased goods from Manja Supplier worth RM24,000; RM8,000 is paid by cheque. 10 Cash sales of RM15,000 11 Paid advertising expenses of RM3,200 12 Sold goods on credit to Karim, RM5,200 15 Paid RM6,000 by cheque for the transaction on June,08 18 Azam took out cash from the business bank account RM6,300 for his car maintenance. 20 Additional capital, RM10,000 bank in to the business bank account. 22 Paid Manja Supplier the entire outstanding amount. 25 Received cheque amounted RM3,500 for Karim for the transaction on June 12 29 Paid worker's salaries RM7,600 by cheque. 30 Received utilities bill of RM1,800 (Note: All payments are made by cheque and all receipts are banked at the end of each month) Required: a) Prepare the tabular analysis of June transaction. The column heading should be as follows: Assets = Liabilities + Owner's Equity. (Show the effects of each transaction on the Accounting Equation.Use "+ or "to indicate increase and "- or "to indicate decrease. You are to indicate the amount of change. Write "O" if there are no effects) (18 marks) b) Total the asset, liability and owner's equity [2 marks]