(Solved): QUESTION 1 (10 MARKS) (a) Describe the steps in the accounting process. (4 marks) (b) Two groups o ...

QUESTION 1 (10 MARKS) (a) Describe the steps in the accounting process. (4 marks) (b) Two groups of users require accounting information. Identify these TWO (2) groups of users and provide examples for each. (6 marks) QUESTION 2 (20 MARKS) En Kamarul, a sole proprietor of Kenagan Sdn Bhd, started his trading business on 1 March 2024. The transaction as follow: \table[[Date,Transactions],[March 1,En Kamarul contributes RM60,000 cash to start the business.],[3,\table[[Opened a business current account at Standard Chartered Bank and bank in],[RM58,000 cash.]]],[6,\table[[En Kamarul brought his van and computer worth RM80,000 and RM5,000],[respectively into the business.]]],[9,\table[[Purchased office equipment RM12,000 from Yayasan Pengguna Sdn Bhd and],[paid half of the amount by cheque and the other half is still owing.]]],[13,\table[[Standard Chartered Bank approved a loan for RM40,000 and directly credited the],[amount into the business bank account.]]],[17,\table[[Erlane, a customer, bought some goods worth RM5,000 and paid cash RM3,000.],[The balance will be paid next month.]]],[22,\table[[En Kamarul took some goods worth RM900 to give to the charity club and cash],[RM1,000 for his personal used.]]],[28,\table[[Paid the full amount owing to Yayasan Pengguna Sdn Bhd by cheque and],[received 5% discount.]]]] REQUIRED: (a) Journalize (double entry) the above transactions of Kenangan Sdn Bhd for the month of March 2024. (20 marks) please help to do the calculation and answer of the question please . double entry please for each