From the following transactions of M/s Lal and Peela, write up the journal in proper form, post the ledger and take out a Trial Balance:

| **Year** | | **Rs. ** | | --- | --- | --- | | Jan. 1 | Assets: Cash in hand Rs. 200: Cash at bank Rs. 6,800; Stock of goods Rs. 4,000; Machinery Rs. 10,000; Furniture Rs. 1,000; M/s Narain Bros own Rs. 1,500; M/s B.K. Bros Owe Rs. 1,500 Liabilities : Loan 5,000;Sum owing to Jindal Bros. Ltd, Rs. 2,000 | | | Jan. 2 | Bought goods on credit from Samuel & Co. | 1,000 | | Jan. 3 | Sold goods for cash to Dhiraj & Co. | 4,00 | | Jan. 4 | Sold goods for Narain Bros. on credit | 1,000 | | Jan. 5 | Received from Narain Bros. in full settlement of amount due on January 1 | 1,000 | | Jan. 6 | Payment made to Jacob Bros Ltd. by cheque; they allowed discount | 975 25 | | Jan. 9 | Old furniture sold for cash | 100 | | Jan. 10 | Bought goods for cash | 750 | | Jan. 11 | B.K. Bros Paid by cheque; deposited in the bank | 2,500 | | Jan. 11 | Paid for repairs to machinery | 100 | | Jan. 13 | Bought goods of Jacob Bros Ltd. | 1,000 | | Jan. 13 | Paid Carriage on these goods. | 50 | | Jan. 16 | Received cheque from Hare Ram Bros; and the cheque Deposited in bank | 950 | | Jan. 16 | Discount allowed to them | 50 | | Jan. 17 | Paid cheque to Jacob Bros. Ltd | 1,000 | | Jan. 18 | Bank intimates that cheque of Narain Bros. Has been returned unpaid | | | Jan. 19 | Sold goods for cash to Kay bros. | 600 | | Jan. 21 | Cash deposited in Bank | 500 | | Jan. 24 | Paid Municipal Taxes in Cash | 100 | | Jan. 25 | Borrowed from Urania Investment co. Ltd. for erecting own premises, money deposited with bank for the time being | 10,000 | | Jan. 26 | Old Newspaper Sold | 20 | | Jan. 28 | Paid for advertisements | 100 | | 25) | Jan. 31 | Paid rent by cheque | 1500 | | 26) | Jan. 31 | Paid salaries for the month | 300 | | 27) | Jan. 31 | Drew out of bank for private use | 250 | | 28) | Jan. 31 | Hare Ram Bros. Becomes insolvent, a dividend of 50p in the rupee is received | | | 29) | Jan. 31 | An old amount, written off as bad – debt in 1992 is recovered. | 150 |