You have the following information for Mr Vuong’s store for fiscal year 20X0: January: 1st Signed a 6-months rental contract for the store (@ $500 per month and pay full in advance) and bought $500 of supplies (cash paid) 3rd Purchased a vehicle at cost of $8,000 on credit 5th Purchased goods at cost of $5,000 on credit 6th Sold goods @ $11,000 and received cash (the mount of good originally costs $6,000) 8th Borrowed $9,000 cash from bank 16th Paid for the vehicle by cash (@ $5,000) 17th Invested more $5,000 in cash to the business 26th Purchased goods at cost of $4,000 by cash 27st Sold goods (which originally cost $3,000) @$1,500 on credit 31st Vehicle’s depreciation was estimated @$80 Additional information: Beginning balances of the month were: Cash $10.000 Inventory $3.000 Trade Payable $3.000 Bank Loan Payable $4.000 Vuong’s Equity $6.000 The amount of supplies still on hand at the end of the month was valued @ $200 Requirement: Journalise the transactions in January and answer the following questions: What is the closing balance of COGS Account at the end of Jan? What is the closing balance of Cash Account at the end of Jan? What is the NBV (Net Book Value) of the vehicle at the end of Jan? What is the closing amount of Owner’s Equity as of 31st Jan?