- Answer The Questions Step By Step Based On The Pictures Given Below Thank You Questions 1 1 Based On The Pictures Give 1 (140.55 KiB) Viewed 36 times
1. Based on the pictures given,you are now required to open The Ledger Accounts and Prepare the Trial Balance.
Question 6 Write up the following transactions in the books of P Hewitt: 20X8 March 1 Started in business with cash RM8,500. Cash 2 Bought goods on credit from W Young Purchases RM420. 4 Paid rent by cash RM210. Rent Expenses 7 Bank Account Paid RM6,000 of the cash of the business into a bank account. 8 Sold goods on credit to D Unbar RM192. Accounts Receivable 9 Bought stationery RM25 paying by cheque. Cash sales RM81. Stationery Expenses Cash 10 11 Goods returned by us to W Young RM54. Accounts Payable Accounts Receivable 12 Sold goods on credit to J Harper RM212. 14 Paid for repairs to the building by cash RM78. Repair Expenses 15 D Unbar returned goods to us RM22. Sales Return & Allowances 17 Paid W Young by cheque RM366. Account Payable 19 Cash purchases RM470. Purchases 22 Bought a van paying by cheque RM3,850. Vehicle 24 Paid motor expenses in cash RM62 Motor Expenses 27 Bought fixtures RM840 on credit from B Fixture Coal. Debited Credited Owner's Capital Accounts Payable Cash Cash Sales Bank Sales Purchases Return & Allowances Sales Cash Accounts Receivable Bank Cash Bank Cash Accounts Payable