$1.$ John is a sole proprietor having a provision store. Following are the transactions during the month of January, $2021.$ Journalize them.

JAN Rs$.$

Commenced business with cash $80,000$

Deposited cash with bank $40,000$

Purchased goods by paying cash $5,000$

Purchased goods from Lime & Co$.$ on credit $10,000$

Sold goods to Joy and received cash $11,000$

Paid salaries by cash $5,000$

Paid Lipton & Co$.$ by cheque for the purchases made on $4$th Jan.

Bought furniture by cash $4,000$

Paid electricity charges by cash $1,000$

Bank paid insurance premium on furniture as per standing instructions $300$