Jeyaseeli is a sole proprietor having a provisions store. Following are the transactions during the month of January, 2020. Journalise them. N 11!1109876543211 Jan. (Dollars) 1 Commenced business with cash - 80,000 2 Deposited cash with bank - 40.000 3 Purchased goods by paying cash - 5,000 4 Purchased goods from Lipton & Co. on credit - 10,000 5 Sold goods to Joy and received cash - 11,000 6 Paid salaries by cash -5,000 7 Paid Lipton & Co. by cheque for the purchases made on 4th Jan. 8 Bought furniture by cash -4,000 9 Paid electricity charges by cash -1,000 10 Bank paid insurance premium on furniture as per standing instructions - 300