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Journal entry

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(Querist)
10 June 2017 Please tell what the journal entry of the following transactions will be in the books of Ashoka Furniture Traders:

January 31: Sold furniture to Rakesh on the list price of Rs. 10,000 and allowed him 10% Trade Discount.
January 31: Old furniture valued at Rs. 500 was taken from Rakesh in Exchange.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
10 June 2017 For first transaction
Dr: Rakesh Rs. 9000
Dr: Discount Rs.1000
Cr: Sale of furniture a/c 10000

For 2nd transaction
Dr: Purchase of furniture a/c Rs.500
Cr: Rakesh A/c Rs.500
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