Following balances appeared in the books of Ram & Shyam on January 1, 2017 :−Assets : Cash in hand ₹ 30,000; Stock ₹ 36,000; Lal Chand ₹ 7,600; Mukesh Khanna ₹ 16,200; Furniture ₹ 8,000.Liabilities : Ghanshyam ₹ 6,000; Vinod ₹ 8,000.Following transactions took place during Jan. 2017 :− 2017 Jan. 2 Purchased Typewriter for ₹ 7,500. 4 Sold goods for Cash of the list price of ₹ 25,000 at 20% trade discount and 5% Cash discount. 6 Sold goods to Gopal Seth for ₹ 10,000. 8 Gopal Seth returned goods for ₹ 1,500. 12 Purchased goods from Arun ₹ 12,000; and from Varun ₹ 15,000. 13 Settled Arun's account in full after deducting 5% for cash discount. 14 Paid cash to Ghanshyam in full settlement of his account. 16 Received ₹ 7,500 from Lal Chand in full settlement of his account. 17 Purchased a Scooter for office use ₹ 18,000. 20 Sold goods for cash ₹ 20,000. 22 Received from Gopal Seth ₹ 4,850 and discount allowed ₹ 150. 27 Paid for Wages ₹ 7,000 and Salaries ₹ 3,000. 28 Withdrew goods for ₹ 2,000 and Cash ₹ 1,500 for private use. 29 Paid for Life Insurance Premium of the Proprietor ₹ 1,600. Journalise the above transactions, post them into Ledger, balance them and prepare a Trial Balance.