Journalise the following transactions in the books of Ashutosh, Kolkata:
(i) He started business contributing Rs. 10, 000 in cash, Rs. 5,00,000 in cheque and a building valued at Rs. 5,00,000.
(ii) Purchased goods from D. Lal, Kanpur for Rs. 2,00,000 out of which cheque was issued for Rs. 60, 000.
(iii) Sold goods on credit to Ramesh, Kolkata for Rs. 1,60,000.
(iv) Received Rs. 1,84,800 by cheque from Ramesh in full settlement of his account.
(v) Paid Rs. 1,74,000 to D. Lal in full settlement of amount due to him.
(vi) A new machine of Rs. 2,40,000 was purchased from Machine Tools Ltd., Delhi in exchange of an old machine valued at Rs. 50,000. He gave a cheque of Rs. 1,00,000 from his savings account and balance from firm's account.
(vii) Purchased machinery from Pele & Sons, Kolkata for Rs. 50,000 on credit.
(viii) Depreciation of Rs. 5,000 was provided on the machinery at the end of the year.
(ix) Ashutosh issued a chaque for Rs. 50,000 from his savings account in firm's name.
(x) Paid Rs. 5,000 as income tax.
(xi) A cheque amounting to Rs. 50, 000 deposited in the bank from his savings account returned dishonoured for technical reasons.
CGST and SGST @`9%` each is to be levied on intra-state (within the state purchase and sale ) while IGST is to be levied @` 18%` on inter-state transactions.