Mr. Ranjeet, a retail store owner of “Kusum Collections’, selling various gifting purpose items such as Greeting Cards, Soft Toys etc. He has provided the following transactions for the month of July, 2020 and asks for your help while preparing Ledger as his CA is unable due to some medical emergency-
2020, July 9 Soft toys purchased worth Rs. 7,000 and paid immediately to the supplier with discount of 5%. (1)
18 Sold a Card worth Rs. 3,000 to Sunita and but she returned in the evening due to some unwanted event. (1)
25 Sold a gift item worth Rs. 5,000 to Mr. Rishi for his Son’s birthday and also gave a chocolate worth Rs. 200 as his birthday gift.
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