Hakim started a toy shop business on 1 August 2022. He started the business with an investment of RM 5,000. From this amount of investment, RM 1,000 was in cash and RM 4,000 was in bank account. August 1 Borrow from Citibank RM 2,000 2 Paid rent for office RM 750 using online banking 5 Paid wages to shop assistant RM 120 by cash 6 Bought a computer RM 3,000 in cash 8 Purchased goods RM 1,380 by cheque 10 Sold toys for RM 650 cash 12 Withdrew RM 200 cash to pay for his mothers medical bills 15 Bought goods on credit from Siam Sdn Bhd RM 830 18 Sold goods on credit to Kenny Enterprise for RM 1,250 19 Purchased goods worth RM 3,789 from Panda Sdn Bhd, paid by cheque RM 2,000 and balance to be paid in the next month 20 Bought office equipment by online banking RM 2,500 23 Paid electricity bills RM 325 by cash 25 Paid internet bills for RM 230 by online banking 27 Returned goods amounted to RM 515 that previously purchased from Panda Sdn Bhd 28 Returned damaged goods worth RM 310 to Siam Sdn Bhd 29 Kenny Enterprise return wrong colour goods of RM 480 30 Bought stationeries of RM 90 using cash money 30 Hakim invested further RM 3,000 into the business 31 Paid RM 300 to Siam Sdn Bhd through online banking 31 Received cheque from Kenny Enterprise RM 500 Required: (a) Prepare a Prime Book Entry for the above transactions (10 marks) (b) Record the transactions in Ledgers and Balance-off the ledgers. (15 marks) (c) Extract a trial balance. (10 marks) (d) Prepare Statement of Profit or Loss & Statement of Financial Position. (15 marks) (e) Good accounting practices in a business protect the company from any fraudulent activities and ensure the credibility of a business. Briefly explain how accountant can ensure good accounting practices being implemented in a business.