Enter the following transactions in the Journal of Marutinandan Stores: Purchased goods from Ghanshyam, Returned goods to Ghanshyam, Paid cash to Ghanshyam, Purchased goods from Raghu, Returned goods to Raghu, Paid cash to Raghu.

Ghanshyam Purchase (Jan 15)

Step 1: Calculate trade discount.
Trade discount $= 20\%$ of list price
$= 0.2 \times ₹500000 = ₹100000$

Step 2: Calculate net purchase amount.
Net purchase amount $=$ list price $-$ trade discount
$= ₹500000 - ₹100000 = ₹400000$

Step 3: Calculate cash discount on payment (Jan 24).
Cash discount $=$ net purchase amount $-$ cash paid
$= ₹400000 - ₹370000 = ₹30000$

Raghu Purchase (Jan 25)

Step 1: Calculate trade discount.
Trade discount $= 15\%$ of list price
$= 0.15 \times ₹600000 = ₹90000$

Step 2: Calculate net purchase amount.
Net purchase amount $=$ list price $-$ trade discount