Following are the business transactions for the month of January 2017 of Mr. Arshad Rehman, who started his business with the name of Rehman Traders Jan. 1. Started business with Rs. 200,000 in bank, cash Rs. 50,000, Merchandise costing 100,000 and furniture worth Rs. 55,000. Jan. 1. Bought a van through cheque 150,000 Jan. 2. Paid rent by cheque 5,000 Jan. 3. Purchased merchandise from Zakir & Sons 100,000 Jan. 5. Cash Sales 15,000 Jan. 8 Paid insurance for three years 25,000 Jan. 10 Cash Sales 30,000 Jan. 12. Purchased merchandise 55,000 Jan. 15 Paid three months advance salary to one of his employee 15,000 Jan. 15. Returned defective goods to Zakir and Sons 6,000 Jan. 18. Paid for advertisement to the agency and give cheque 12,000 Jan. 19. Paid salaries 5,000 Jan. 20 Sold goods to Abid & Co. 35,000 Jan. 22. Purchase stationary 3,000 Jan. 25. Received commission for services render to Mr. Ali 15,000 Jan. 26. Received advanced rent from a business property for 6 months 100,000 Jan. 27. Received from Abid & Co. a cheque in full settlement of his account 34,500 Jan. 29. Paid to Zakir and Sons in full settlement of his account 93,000 Jan. 31. Deposited the cheque in the bank received on 27 Jan and paid utility bills from his account 7,000 Required a) Record the transaction in General Journal b) Prepare relevant Ledger Accounts c) Prepare Trial balance