On 1 July 20–6 Mumtaz started a business. The following are her transactions for the first two weeks of trading:

July 1 Mumtaz paid capital, $50,000, into the business bank account

2 Bought premises, $25,000, and paid by cheque

4 Bought equipment, $4,000, and paid by cheque

6 Bought goods, $1500, on credit from Mayur Vihar Traders

7 Paid advertising expenses, $60, by cheque

9 Sold goods, $200, and received a cheque

12 Sold goods, $310, on credit, to Ridhima

13 Ridhima returned damaged goods, $20

14 Paid $1000 by cheque on account to Mayur Vihar Traders

Enter these transactions in the ledger of Mumtaz. Balance the bank account and the accounts of Mayur Vihar Traders and Ridhima on 14 July and bring down the balances on 15 July 20–6.