On 1 March 2020 JSMR started a business with cash Rs 20,00,000. March 3 Cash deposited into the bank Rs. 15,00,000. March 6 Goods purchased for cash Rs 5,00,000 at 20% trade discount. March 8 Machinery Purchased Rs.2,50,000 and installation expenses paid Rs. 50,000. Amount paid by cheque. March 12 Computer Purchased paid by cheque Rs. 30,000. March 16 Goods sold for Cash Rs. 6,00,000 and deposited in to the bank same day. March 18 Carriage paid Rs. 10,000. March 20 Goods Sold on credit to Mohit& Brother Rs.2,00,000 at 25% trade discount. March 25 Furniture Purchased for office use paid by cheque Rs. 50,000. March 26 Cheques received from Mohit and brother Rs 1,00,000 and deposited into Bank same day. March 27 Cash withdrawn from bank for office use Rs.40,000. March 28 Advertisement Expenses paid by cheque Rs. 20,000. March 29Commission Received Rs. 10,000.