Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. can you solve this please thank you the hewlet

Can you solve this please thank you The Hewlett-Packard Company or...

50.1K

Verified Solution

Question

Accounting

Can you solve this please thank you image
The Hewlett-Packard Company or Hewlett-Packard was an American multinational information technology company headquartered in Palo Alto, California. From the following transactions pass journal entries, prepare ledger accounts and also prepare a trial balance. 2012 Jan 1.Leo started business with cash $32,000, stock $8,000, and furniture&$8,000 2. Purchased furniture $8,000 3. Purchased goods $24,000 4. Sold goods $28,000 5. Purchased goods on credit from Gail S 16,000 6. Sold goods to Smith $20,000 7. Paid to Gail S10,000 and goods returned to him $6,000 8. Received from SmithS12,000 and goods returned by him $8,000 9. Paid rent $8,000 10. Received commission $4,000 11. Goods withdrew for domestic purpose $8000 12. Withdrew from bank $6,000 Date Particulars L.F Dr. Amount Cr. Amount

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Explain how all 3 GFR autoregulatory mechanisms combined would respond to a sudden increase in MAP...

Medical Sciences
Q

Art labeling Activity Figure 1 2 Organ system level Chemical level Organismal level Tissue level...

Biology
Q

A particle of mass m and charge q is tied to a string of length...

Physics
Q

An open vessel whose bottom has round hole of diameter 0 1 mm is filled...

Physics
Q

31 The distance of Neptune and Saturn from sun are nearly 1013 and 1012 meters...

Physics
Q

The density of liquid contained in the tank of area 0 5 m is 1200...

Physics
Q

Here is a Venn Diagram with sets B C and the universal set U Shade...

Basic Math
Q

Ivan needs to have a toilet repaired in his house. The cost of the new...

Basic Math
Q

Write the equation of the circle with the given center and radius:Center (-10,5)Radius = 8

Basic Math
Q

Grouper Construction Ltd. prepares its reports using IFRS. The following information relates to...

Accounting
Q

A trainee management accountant has been helping a client with choosing the best products to...

Accounting
Q

Gross Profit During the current year, merchandise is sold for $162,400 cash and $485,900 on...

Accounting