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Analyze and record these transactions. (Enter amounts that decrease account balance using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Indicate whether it is Revenues, Expenses or Dividends declared in the last column. In case if there is no effect then select "Not Applicable". Post entries in the order presented in the problem statement.) Analyze and record these transactions. (Enter amounts that decrease account balance using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Indicate whether it is Revenues, Expenses or Dividends declared in the last column. In case if there is no effect then select "Not Annlicable". Post entries in the order nresented in the nroblem statement.) Analyze and record these transactions. (Enter amounts that decrease account balance using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Indicate whether it is Revenues, Expenses or Dividends declared in the last column. In case if there is no effect then select "Not Applicable". Post entries in the order presented in the problem statement.) Cullumber Meat Ltd. (CML) is a commercial distributor of plant-based meat substitutes to grocery stores and chains in Western Canada. CML and the company's management team have successfully grown the operation to the point where they are able to distribute their products nationally. CML had the following transactions in the month of September: Sept. 1CML borrowed $22,000 from the bank. The interest rate on the loan is 3% per annum, and the terms of the loan state that the loan is to be repaid at the end of each month in the amount of $1,650 per month plus interest. 1 CML renewed the annual insurance policy covering its warehouse and paid the premium for the 12-month policy in the amount of $2,700. The term of the policy is from September 1 to August 31 of the following year. 4 The company purchased inventory at a cost of $34,900 from a producer on account. 10CML recorded its sales for the first 10 days of the month. Total sales (half in cash and half on account) amounted to $23,700, and the inventory related to these sales was determined to have a cost of $18,000. 19 Paid $7,900 to suppliers who had previously sold CML inventory on account. 27 Paid employee wages in the amount of $4,500. 29 CML accepted a payment of $7,900 from a local independent grocer who placed an order for 790kg of plant-based sausages to be delivered in mid-October for an Oktoberfest promotion. 30CML made the necessary month-end entry related to the insurance policy. 30CML made the necessary month-end entry related to record the bank loan

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