3. Pass journal entries for the following transaction and prepare these ledgers: Cash Account and purchase Account Mr. Ashish commenced business on January 3, 2012 with Rs 100,000 On 20th January he took a house on rent and paid rent of the month i.e. 2000/month On 1 February He paid salary to the employees Rs 20,000. On the same date salary became due for some other employees but was not paid, the salary amounted to Rs 20,000. On 10th July raw material was purchased for Rs 100000. On 25 March machines were purchased for Rs 90000. On 4 April he deposited in a Bank Rs 20,000. 10 April he purchased goods for cash Rs 60,000. 25 April he sold goods for cash Rs 74,000 5 May he purchased furniture and paid by cheque Rs 15,000