Write up the following transactions in the books of P. Hewitt: 2013 March 1 Started in business
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Write up the following transactions in the books of P. Hewitt: 2013 March
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1 Started in business with cash 16,000. 2 Bought goods on credit from W. Young 420. 3 Paid rent by cash 870. 4 5 Paid 12,500 of the cash of the business into a bank account. Sold goods on credit to D. Unbar 192. 7 Bought stationery 85 paying by cheque. 11 Cash sales 312. 14 Goods returned by us to W. Young 54. 17 Sold goods on credit to J. Harper 212. 20 Paid for repairs to the building by cash 78. 22 D. Unbar returned goods to us 31. Paid W. Young by cheque 366. Cash purchases 470. 27 28 29 30 Bought a van paying by cheque 3,850. Paid motor expenses in cash 216. 31 Bought a computer 730 on credit from B. Coal.
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To write up the transactions for P Hewitt for March 2013 given in the list we will need to make journal entries for them Journal entries are the first ...View the full answer
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Related Book For
Frank Woods Business Accounting
ISBN: 9780273759287
12th Edition
Authors: Frank Wood. Sangster, Alan
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