23. Journalise the following transactions in the Journal of Navin Gupta & Sons.: 

1. Out of Insurance premium paid this year, ₹15,000 is related to next year. 
2. Credit purchases from Ram & Co. for ₹50,000. Cash discount will be received at 5% on payment of bill within 10 days. 
3. Cash paid to Ram & Co. and discount availed of. 
4. Paid Income Tax ₹20,000 by cheque. 
5. Goods costing ₹2,00,000 sold for cash at a profit of 10%. 
6. Purchased iron safe for ₹2,00,000, filing cabinet for ₹50,000 and Computer for ₹1,00,000.