6. (Journal Entries) Journalise the following transactions in the books of Sudhir : 2016Jan. 1 Sudhir having no capital of his own started business with 50,000 borrowed from his friend Shiva @ 10% pa.Jan 5 Purchased goods for 5,000.Jan 12 Received invoice at 10% trade discount from Rohit and Sons and supplied these goods to Madan, listed at73.000Jan 20 Madan is declared insolvent and 25% is recovered in full settlement.Jan. 25 Purchased goods for 1,000 from Nanda and supplied it to Halen for 1,300. Halen returned goods worth 390,which in turn returned to NandaFeb. 9 Bought a horse for 1,500 and a cart for 2,000 for delivering goods to the customers.Feb. 25 The horse bought on Feb. 9 died and its carcase was sold for 200.Feb. 28 Supplied goods for 300 to Sudhir for domestic use.March 3 300 were paid to Mohan out of business funds for the repair of Sudhir's residential house,​