Part A (20 marks) 1. You are required to set up a business as a sole trader. Explain why you would set-up a sole trader business rather than a partnership. (10 marks) 2. You are required to create transactions related to the business that you have created for the month of August 2023. All the transactions are to be explained with the nature of your business (be creative). [Eg: For credit sales - you can write as (a) sold books on credit for RM1 0,000 or (b) Sold a dozen of book on credit worth RM1,00 each book The second one reflects creativity.] Marks will be based on your creativity. (10 marks) You must have the following transactions