Following balances appeared in the books of Radhika Traders as on 1st April, 2017:−Assets: Cash ₹ 8,000; Cash at Bank ₹ 7,000; Stock ₹ 30,000; Debtors : ₹ 36,000 (Mohan ₹ 10,000; Sohan ₹ 12,000; Dinesh ₹ 14,000); Furniture ₹ 5,000; Building ₹ 25,000.Liabilities: Creditors− X ₹ 5,000; Y ₹ 6,000. In April, 2017, the following transaction took place: 2017 ₹ April 2 Bought goods of the list price of ₹ 6,000 from Khanna Brothers less 15% trade discount and 2% cash discount and paid 40% price at the same time. 3 Received a draft from Mohan in full settlement and deposited it into Bank 9,750 5 Purchased goods from Suresh of the list price of ₹ 8,000 at 20% trade discount and paid him by cheque. 8 Sold goods and received a cheque 25,000 10 Deposited the above cheque into Bank 12 Sohan deposited in our Bank A/c 4,000 16 Paid Income Tax by Cheque 5,600 20 Received a cheque from Sohan and sent to Bank 7,800 Discount allowed 200 21 Withdrew from Bank−for office 2,000 for private use 4,000 23 Sent a cheque to X in full settlement of his A/c 4,900 27 Cheque of Sohan returned by the bank as dishonoured. 28 Dinesh was declared insolvent and a payment of 60 paise in a ₹ received from his estate by a Cheque 30 Bank allowed Interest 350 Paid for Rent by cheque 1,500 Paid for traveling expenses by cheque 500 Pass Journal entries for the above transactions.