Show the following items by depicting the impact on different assets and liabilities:
(i) Ramson started business with cash ₹8,50,000 and a machinery of ₹3,00,000
(ii) Deposited cash into bank ₹5,50,000
(iii) Purchased furniture of ₹1,74,500 and issued cheque
(iv) Purchased goods of ₹35,600
(v) Paid rent ₹9,400 by cheque
(vi) Received Commission ₹1,400
(vii) Sold goods for ₹54,300 and received cheque
(viii) Purchased stationery ₹650 in cash
(ix) Sold goods to Aman ₹23,000
(x) Purchased goods from ₹Sohan 28,500
(xi) Paid salary ₹31,000 and insurance premium ₹10,000 by cheque
(xii) Paid advertising expenses ₹31,200 by cheque
(xiii) Received cheque of ₹22,800 from Aman and allowed discount of ₹200
(xiv) Issued cheque of ₹28,000 to Sohan and he allowed a discount of ₹500 to us.
(xv) Sold goods to Mohit of ₹56,700
(xvi) Paid freight charges for goods purchased ₹100
(xvii) Purchased goods from Kapil ₹14,000
(xviii) Mohit returned goods to us ₹1,700
(xix) Returned goods to Kapil ₹1,000
(xx) Sold an old machinery for 9,000 cost of machinery ₹10,000
(xxi) Mohit became insolvent and only ₹50,000 could be recovered from him.