37. Journalise the following transactions in the books of Prakash : 

(i) Opened a current account with Punjab National Bank ₹1,00,000. 

(ii) Received a cheque of ₹12,900 from Chandradev and allowed discount ₹300 to him. The cheque was deposited into Bank on the same day. 

(ii) Purchased machinery for ₹1,00,000, payment made by cheque. Installation charge of machinery ₹6,000 paid in cash. 

(iv) Purchased a horse for business for ₹20,000. 

(v) Sold goods to Gokul at a list price of ₹4,000. Trade discount 10% and cash discount 5%. He paid the amount on the same day and availed the cash discount. 

(vi) Purchased goods for ₹10,000 and paid ₹400 for carriage on these goods. 

(vii) Additional cash introduced by the proprietor ₹40,000. 

(viii) Purchased stationery ₹800 and postal stamps ₹100. 

(ix) Withdrawn from Bank ₹20,000. 

(x) Received an order to supply goods of ₹40,000 from Manu and received ₹10,000 as an advance together with the order. 

(xi) Cash ₹10,000 and goods worth ₹4,000 were stolen. 

(xi) Purchased goods from Devendra for ₹40,000 and the payment was made by cheque. 

(xiii) Sold 1/4th of the above goods at a profit of 25% on cash.