Answer ALL questions. QUESTION 1 (25 MARKS) 1. Ali decided to start a business. He would like to request your help on the preparation of cashbook. 1 Jan Start the business with a cash investment of RM5,000 and bank investment of RM10,000 2 Jan Received RM1,500 in cash sales. 4 Jan Paid RM800 in cash for rent expense. 7 Jan Purchased office supplies for RM200 in cash. 10 Jan Received RM2,000 cash from a customer as an accounts receivable payment. 12 Jan Deposited RM2,500 cash into the bank account. 15 Jan Paid a supplier RM700 in cash and received a 5\% discount on the purchase for early payment. Required: a) Prepare a cashbook with correct format to record the following transactions. (15 marks) 2. Explain cashbook why it is importance to the business. (4 marks) 3. Give Three (3) examples of book of prime entry and explain its purpose