Smith is a trader dealing in textiles. For the

following transactions, pass journal entries for the

month of January, $2018.$

Jan. Rs$.$

$1$ Commenced business with cash $70,000$

$2$ Purchased goods from X and Co $.$ on

credit $30,000$

$3$ Cash deposited into bank $40,000$

$4$ Bought a building from L and Co $.$ on

credit $95,000$

$5$ Cash withdrawn from bank for office

use $5,000$

$6$ Cash withdrawn from bank for personal use of

Ananthu $4,000$

$7$ Towels given as charities $3,000$

$8$ Shirts taken over by Ananth for personal

use $12,000$

$9$ Sarees distributed as free samples $3,000$

$10$ Goods $($table clothes$)$ used for office

use $200$