Date Particulars Rs.'000 Initial capital to commence the business (cash). 72,000 Paid key money to rent a building .. 3,000 Opened a current account 52,000 Credit purchases from Upul. 30,000 Purchased goods for cash. 1,000 Sold goods to ABC & Company... 32,000 Purchased goods from Thakur Brothers.. 13,000 Paid Arun an advance for goods ordered.. 2,000 Goods returned from ABC & Company... 3,000 Sold goods to Peter.. 3,000 Deposited a cheque received from Clark as an advance for goods ordered by him.. 3,000 Purchased furniture. Payment made by cheque. 2,000 Clark's cheque dishonored. 3,000 Paid wages by cash. 500 Additional capital deposited in Bank.. 10,000 Received goods from Arun..... 12,000 Received commission (in cash). 600 A new cheque received from Clark and deposited. 5,000 Goods returned to Upul. 200 10 Goods sold to Nayana... 10,000 10 Goods dispatched to Clark.. 12,000 11 Postage and telegrams expenses met by cash. 200 13 Goods returned by Nayana.. 500 15 Purchased stationery for cash.... 200 18 Deposited in the Bank.. 500 19 Paid to Upul by cheque.. 9,000 20 Cash sales.. 750 22 Received cheque from ABC & Company. 19,000 22 Discount allowed to ABC & Company for prompt payment. 950 25 Salaries paid by cash.... 700 28 Rent paid.. 500 28 Cheque issued to Thakur Brothers.. 5,000 29 Purchased goods - payment by cash... 5,000 29 Drawings (cash). 1,000 30 Paid to Upul by cash.... 5,000 31 Discount received from Upul for prompt payment.. 1,000 31 Received a cheque from ABC & Company and deposited. 5,000 31 Discount allowed to ABC & Company for prompt payment.. 250 Prepare journal entries, cash book (triple column), required subsidiary books, post all the transactions to respective ledger accounts, prepare the trial balance and financial statements