24. Journalise the following transactions in the books of Kanishk Traders : 

(i) Sold goods costing ₹1,20,000 to Charu at a profit of 33⅓% on cost less 15% Trade Discount. 

(ii) Sold goods costing ₹80,000 to Arun against cheque at a profit of 25% on cost less 15% Trade Discount. 

(iii) Paid by cheque ₹8,400 as insurance premium for a period of 12 months starting 1st August 2022. Financial year closes on 31st March every year.