3. On 1 July 20-6 Mumatz started a business. The following are her transactions for the fitst two weeks of trading. July 1 Mumtaz paid capital, $50000, into the business bank account 2 Bought premises, $25000, and paid by cheque 4 Bought equipment, $4000, 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