What is happening to Yamuna Yoyos?

Jul 1 Balance b/d $23800

• Yamuna buys goods $23800 from us.

• Yamuna owes us $23800 from last period.

• Bubbie Toystore owes Yamuna $23800 from last period.

• Yamuna sells goods $23800 to us.

Jul 16 Sales revenue $3200

• Sold goods to Yamuna on credit

• Buy goods from Yamuna on credit

• Sold goods to Yamuna and they paid cash on the spot

• Bought goods from Yamuna and they paid cash on the spot

Jul 18 Sales returns $100

• We return goods to Yamuna previously bought on credit

• We return goods to Yamuna and got a cash refund

• Yamuna returns goods to us previously bought on credit

• Yamuna returns goods to us and got a cash refund

Jul 23 Cash at bank $3136

• We paid Yamuna by cash for amount owing

• We paid Yamuna by cheque for amount owing

• Yamuna paid us cash for amount outstanding

• Yamuna paid us by cheque for amount outstanding

Jul 23 Discount allowed $64

• A discount was given for bulk purchase

• A discount was received for bulk purchase

• A discount was given for prompt payment

• A discount was received for prompt payment

Jul 31 Cash at bank $16400

• Yamuna paid us by bank transfer for amount owing

• Yamuna paid us by cheque for amount owing

• Yamuna paid us by cash for amount owing

• We paid Yamuna cheque for amount owing

Jul 31 Allowance for impairment of trade receivables $7300

• It is estimated that Yamuna cannot pay us $7300.

• It is confirmed that Yamuna cannot pay us $7300. Hence the amount is to be written off.

• Yamuna paid us $7300 but the cheque bounced.

• Yamuna broke his leg and his leg is impaired.