Enter the following transactions in Two-column Cash Book of Reema, Chandigarh and find out cash and bank balances: 2018 ₹ April 1 Cash balance ₹ 2,000, bank balance ₹ 24,500 April 2 Cash sales ₹ 60,000 plus CGST and SGST 6% each April 5 Deposited in Bank 50,000 April 7 Issued cheque to Sohan 10,000 April 9 Sold goods for cash ₹ 10,000 plus CGST and SGST 6% each April 12 Received a cheque from National Insurance Co. Ltd. against claim lodged last year 19,800 April 14 Sold goods to Niraj of ₹ 25,000 plus CGST and SGST 6% each, received cash ₹10,000 and balance by cheque. Allowed him discount ₹500 April 16 Purchased furniture for ₹10,000 plus CGST and SGST 6% each, paid for furniture by cheque April 18 Sold old furniture for ₹ 10,000 plus CGST and SGST 6% each and received cash April 20 Paid into bank cheque of Niraj and cash 2,500 April 22 Paid to Suman by cheque 2,500 April 26 Suman's cheque returned on technical ground and paid cash for equal amount April 28 Bank charged its commission of ₹ 300 plus CGST and SGST 6% each April 29 Bank paid insurance premium as per standing instructions 2,500 April 30 Nigam paid into bank directly, intimation received on the same day 5,000