5. Following was the position of Rahul as on 1st March, 2016 : Casho in hand ? 1,00,000; Cash at Bank 1.68.000: Furniture * 80,000; Stock 50,000; Debtors-Ashok 10,000; AVI ? 15,000; Creditors Arun * 20,000; Anil 7 30,000; Bank Loan ? 2,00,000.Following transactions took place during March 2016 : Mar. 3, Received a cheque from Ashok in full settlement of his account after deducting 5% cash discount; Mar 4, Deposited the above cheque into bank; Mar. 6, Goods purchased for 10,000 at 10% Trade discount and 2% Cash discount payment made by cheque: Mar. 8, Received a cheque from AVI for ? 14,500 and discount allowed to him 500. Cheque deposited into the bank on the same day; Mar. 10, Cash paid to Arun after deducting 5%Cash discount; Mar. 15, Sold goods to Mohan of the list price 20,000 at a Trade discount 10%; Mar. 20, Mohanreturned goods of the list price 5,000; Mar. 25, Bank charged * 100 for Bank charges; Mar. 31, Commission received from Ram 500. Pass the necessary Journal Entries in the Journal, post them in his Ledger and prepare Trial Balance.​