Mr. Ashwin commenced business (in the name of M/s Ashwin Associates) from April 1, 2013 as a garment manufacturer. Following are the transactions for the six months ending September 30, 2013.

1. \(\mathrm{M} / \mathrm{s}\) Ashwin Associates commenced business activity with initial capital of ₹ \(30,00,000\) in cash on April 1.

2. Deposited ₹ \(25,00,000\) in bank on April 1 .

3. Borrowed from GE Capital Company ₹10,00,000 against security (of personal house) on April 1.

4. Purchased following assets on April 1:

(i) Installed furniture \& fittings for ₹2,50,000.

(ii) Machinery from Sewing Machinery Works for ₹15,00,000 (paid 50 per cent by cheque) and the balance is payable by October-end.

5. (i) On April 1 took a building (to be used as a factory for manufacturing garments) on rent of ₹ 10,000 per month.

(ii) Deposited ₹20 lakh by cheque with HUDA for purchase of industrial plot.

6. On April 10, purchased raw-materials (cloth) valued ₹ \(6,50,000\) from Delicate Cloth House on credit and incurred freight expenses (for raw materials) of ₹20,000.

7. On May 3, purchased raw materials (cloth) from Vardhman Thread Company for ₹5,00,000 on credit but returned ₹1,50,000 worth of cloth due to different quality on May 4.

8. On June 15, sold goods (garments) on credit to Bombay Dying Men's Wear for ₹ \(10,00,000\).

9. On July 15, sold goods (garments) on credit to Fancy Ladies Showroom ₹ \(15,00,000\), but due to bad quality Fancy Ladies Showroom returned garments worth ₹1,50,000 on July 17.

10. On July 30, received cheque from Bombay Dying Men's Wear for ₹ \(8,00,000\).

11. On August 1, bought a car (to be used in office) for ₹ \(5,00,000\) and the payment was made by cheque.

12. On August 1, withdrew for personal use ₹ 50,000 .

13. On August 17, cash sales made to Catmoss Fashion Wear for ₹ \(8,00,000\).

14. On August 30, received cheque from Fancy Ladies Showroom for ₹ \(10,00,000\).

15. On September 30, issued cheque to Delicate Cloth House for ₹ \(5,00,000\).

16. Other expenses for the period April to September (payable on the last date of the month) are as under:

(i) Salary of supervisor, ₹10,000 per month.

(ii) Wages of workers, ₹ \(1,00,000\) per month.

(iii) Salary of accountant, ₹ 10,000 per month.

(iv) Salary of salesmen, ₹ 15,000 per month.

(v) Sundry expenses are incurred at the rate of ₹5,000 per month.

17. Advertisement expenses, ₹ \(2,00,000\) on September 30.

18. Packaging expenses, ₹ 50,000 on September 30 .

19. Electricity bill of ₹ 20,000 payable by cheque on June 30 and ₹ 30,000 on September 30 .

20. Telephone bill, ₹ 12,000 payable by cheque on June 30 and ₹ 8,000 on September 30 .

21. On September 30, interest paid to GE Capital Company for 6 months, ₹ \(50,000\).

REQUIRED: (i) Journalise the above transactions into a general journal, (ii) Post them into a general ledger book and (iii) Prepare trial balance. (Assume 80 per cent of electricity bill is to be charged to factory).