Journalise the following transactions of a hypothetical firm during the period January 1 to January 31. January

Journalise the following transactions of a hypothetical firm during the period January 1 to January 31.

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January 11 January 2 January 3 January 4 January 6 January 6 January 6 January 10 January 12 January 17 January 20 January 25 January 31 Ajit commenced business with cash, *10,00,000. Deposited cash into bank, 7,50,000. Purchased building for 2,00,000 and payment is made by cheque. Purchased goods for cash, *50,000. Purchased goods on credit, 1,00,000 from XYZ & Company. Paid cartage on goods purchased, 25,000. Cash purchase of furniture for office, *50,000. Sold goods for cash, *1,75,000. Sold goods on credit to Shyam, 60,000. Withdrew from the bank, 230,000 for private use. Paid sundry expenses, 10,000 in cash. Paid salaries of office staff, 20,000 in cash. Paid rent, 20,000 by cheque.