Journalise the following transactions in the books of Bhushan Agencies:(i) Received from Bharat cash ₹ 20,000, allowed him discount of ₹ 500.(ii) Received from Vikas ₹ 35,000 by cheque, allowed him discount of ₹ 750.(iii) Received from Akhil ₹ 38,000 in settlement of his dues of ₹ 40,000 in cash.(iv) Received from Amrit ₹ 50,000 by cheque on account against dues of ₹ 60,000.(v) Paid cash ₹ 40,000 to suresh, availed discount of 2%.(vi) Paid by cheque ₹ 25,000 to Mehar and settled her dues of ₹ 26,000.(vii) Paid ₹ 25,000 to Yogesh by cheque on account.(viii) Purchased goods costing ₹ 1,00,000 against cheque and availed discount of 3%.(ix) Purchased goods costing ₹ 60,000 from Akash & Co., paid 50% immediately availing 3% discount.(x) Sold goods of ₹ 30,000 against cheque allowing 2% discount.(xi) Sold goods of ₹ 60,000 to Vimal received 50% of due amount allowing 2% discount.