1st January, 2017, Saeed Ahmad started business other transactions for the month of June as follows:

02. Purchased from Kareem goods of list price of Rs. 6,000 subject to 10% trade discount by cash.

04. Sold goods to Din Muhammad Rs. 800 and cash sales of Rs. 200.

10. Distributed goods worth Rs. 200 as free samples and goods taken away by the proprietor for personal use Rs. 100.

12. Received discount Rs 20 and Commission Rs 500.

17. Goods returned by Din Muhammad Rs. 200 and payment other outstanding amount.

24. Furniture lost by fire of worth Rs. 500.

30. Bad Debts during the period was Rs.100.

Answer rating: 100% (QA)

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