ates) Paragraph Styles Question 1 [80 marks] Following the Covid-19 pandemic, the job market has been very challenging especially when many businesses have to reduce the number of employees in order to reduce operational costs. New graduates have been under the pressure when employment is concern and have to do the best to generate income. After completing your degrees at University Muhibal you have observed that there are opportunities in some areas and has decided to start a small business(sole proprietor)selling merchandise goods. You are required to: i) Describe the business that you are starting in terms of the type of business and rationale for the selection of the type of business, location, types of products, and means of getting capital and the amount of capital, number of workers, premise and other details necessary to start a business. ii) [10 marks] Based on your creativity. list business transactions required to start the business, preferably on 1 January 2020. (example: January 1 2020 Write down ten transactions for each month that may occur in the month of January and February 2020. The transactions for the two months should involve these items, inclusive of existing transactions: