2. John Paul & Sons began business on 19 Jan 2020 with capital of N50,000 at Bank. The following transactions occurred during the month of January 2020: 1-Jan Paid office rent by bank N10,000 1-Jan Bought goods paid by cheque N10,000 2-Jan Sold good for cash to Umeh N20,000 2-Jan Sold goods on credit to Adamu N70,000 7-Jan Adamu returned good N10,000 12-Jan Bought goods on credit from Eze N50,000 20-Jan Bought Computer from XYZ Itd on creditN40,000 23-Jan Adamu paid for goods by cash receiving a cash discount of 10% 24-Jan Bought goods on credit from Eze N100,000 receiving a trade discount of 10% 30-Jan Withdrew cash from bank for office use N20,000 31-Jan Paid salaries by cash N30,000 You are required to: a. Write up the cash book for the month January 2020. (15 marks) b. Explain how the discount columns shall be posted into the relevant accounts (10 marks)