Record the following transactions in the Journal of Ashoka Furniture Traders: 2018 ₹ Jan 1 Started business with cash 50,000 Jan 2 Deposited into bank from his Savings Account 3,50,000 Jan 10 Purchased machinery of ₹ 1,00,000. An old machine (personal) valued at ₹15,000 was given in exchange and balance was paid by cheque. IGST was levied and charged 12% Jan 15 Paid installation charges for machinery 2,000 Jan 20 Purchased timber from Singh & Co. of the list price of ₹ 20,000 plus CGST and SGST 6% each He allowed 10% Trade Discount. Jan 25 Timber costing ₹ 5,000 was used for furnishing the office Jan 31 Sold furniture to Rakesh of the list price of ₹ 10,000 and allowed him 10% Trade Discount. Charged CGST and SGST 6% each Jan 31 Old furniture valued at ₹ 500 was taken from Rakesh in exchange. CGST and SGST 6% each was paid. Feb 10 Sent cheque to Singh & Co. in full settlement 19,000 Feb 15 Received from Rakesh in full and final settlement 9,000 Feb 20 Paid wages 15,000 Feb 25 Issued a cheque for ₹ 5,000 in favour of the landlord for rent of February. ​​