(a)

Udit started business with:

Rs

(i)

Cash

5,00,000

(ii)

Goods

1,00,000

(b)

Purchased building for cash

2,00,000

(c)

Purchased goods from Himani

 50,000

(d)

Sold goods to Ashu (Cost Rs 25,000)

 36,000

(e)

Paid insurance premium

 3,000

(f)

Rent outstanding

 5,000

(g)

Depreciation on building

 8,000

(h)

Cash withdrawn for personal use

 20,000

(i)

Rent received in advance

 5,000

(j)

Cash paid to Himani on account

 20,000

(k)

Cash received from Ashu

 30,000