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NEED ITS ACCURATE SOLUTION ONLY THEN I WILL UPVOTE IT. (JOURNAL ENTRIES) (LEDGER ACCOUNTS) (TRIAL BALANCE) FOLLOW THESE PATTERN. From the given real-life scenario Identify

image text in transcribedNEED ITS ACCURATE SOLUTION ONLY THEN I WILL UPVOTE IT.image text in transcribed(JOURNAL ENTRIES)

image text in transcribed(LEDGER ACCOUNTS) image text in transcribed(TRIAL BALANCE) FOLLOW THESE PATTERN.

From the given real-life scenario Identify the role of accounting process and prepare necessary documents required in the accounting process. Scenario The Hewlett-Packard Company or Hewlett-Packard was an American multinational information technology company headquartered in Palo Alto, California. Company Started business with cash $32,000, stock $8,000, and furniture $8,000 on Jan 1 2012. 2/1/12. Purchased furniture $8,000 3/1/12. Purchased goods $24,000 4/1/12. Sold goods $28.000 5/1/12. Purchased goods on credit from Gail $ 16,000 6/2/12. Sold goods to Smith $20,000 7/2/12. Paid to Gail $10,000 and goods returned to him $6,000 8/2/12. Received from Smith$12,000 and goods returned by him $8,000 9/2/12. Paid rent $8,000 10/2/12. Received commission $4,000 11/2/12. Goods withdrew for domestic purpose $8000 12/2/12. Withdrew from bank $6.000 Required: - From the above transactions pass journal entries, prepare ledger accounts and also prepare a trial balance. Date Particulars L.F Dr. Amount Cr. Amount Date Particulars L.F Dr. Amount Cr. Amount Date Particulars JF Amount Date Particulars JF Amount Particulars Dr. Amount Cr. Amount

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