ODS-12 Rosa Allado began an appliance center in April, 2007 with the following a

Question

ODS-12 Rosa Allado began an appliance center in April, 2007 with the following account balances: Cash Delivery Truck Store Equipment Furniture Office Equipment Notes Payable Merchandise Inventory P 80,000 100,000 20,000 12,000 10,000 16,000 59,500 1 Paid for the following P10,000 Store rent deposit for 2 months Rent for the month of April Taxes and licenses Journal, general ledger, and 5,000 675 268 other supplies 2 Bought 2 typewriters from 680 Stores, cash; unit price per typewriter, P8,500. (One typewriter would be 3 Paid for gasoline and oil, P300. 6 Bought on account 5 color television sets from National Appliances Co.; trade listp in the office and the other for sale.) Toll rice per unit, P8,200; 10 5, n/30. 35055 7 Returned 1 color television set to the National Appliances. 4 pe. 33

Explanation / Answer

Journalise S.No. Particulars Amount (Dr.) Amount(Cr.) 1 Security deposit 10000 To cash 10000 2 rent 5000 to cash 5000 3 taxes and license 675 to cash 675 4 office expenses 268 to cash 268 5 typewriter 17000 to cash 17000 6 oil expenses 300 to cash 300 7 Television 41000 to National Appliance Co. 41000 8 national Appliance Co. 8200 To Television 8200 9 cash register 25200 to casio, philippines 25200 10 Freight 80 to cash 80 11 cash 32300 to cash registers 25200 to profit on sale of cash registers 7100 12 Mr. Ross Dollero 19600 to television 14122 to profit on sale of television 5478 13 television 9800 to mr. ross dollero 9800 14 repairs 300 to cash 300 15 Mr. carlito 1200 to rice cooker 857 to profit on sale 343 16 salaries 2850 to tds on salary 102 to cash 2748 17 national aplliance co. 32800 to cash 32800 18 cash 24750 to television 21183 to profit on sale 3567 19 cash 14930 to dvd machine 10700 to profit on sale 4230 20 mr. narciso 8800 to washing machine 6280 to profit on sale 2520 21 cash 9800 to mr. ross dollero 9800 22 cash 1200 to Mr. carlito 1200 23 telephone 295 to cash 295 24 cash 11000 to typewriter 9500 to profit on sale 1500 25 water expenses 105 to cash 105 26 cash 15600 to refrigator 11140 to profit on sale 4460 27 casio, philipiens 25200 to cash 25200 28 cash 8800 to mr. narciso 8800

Related Questions

Navigate

• Browse (All)
• Browse O
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.