![]() 25,000 and Furniture and Fittings worth Rs. 4 Purchased Office Equipment valued at Rs. ![]() 60,000 and paid for half of the amount by cheque, after a cash discount of 4%. 20,000 by cheque as rent advance to his landlord for the premises of the business covering period of 10 years. 30,000 which was granted at an interest of 12% per annum payable monthly. 2 Negotiated a loan from Sunrise Bank for an amount of Rs. The following transactions took place in the month of January: Jan. 25,000 and half of the amount is paid by cheque. On the same day, he purchased a motor van from Toyota Company valued at Rs. 50,000 which he paid into the business account at Sunrise Bank in Surkhet and stock of goods valued Rs.
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