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can anyone one help me to prepare general ledger for following

can anyone one help me to prepare general ledger for following

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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can anyone one help me to prepare general ledger for following

Tme buSI ess Tlas tWo Snai ers James and nazel and employs 23 members of Stal. March Transaction A bank loan of £310,000 was received from HSBC. 2 One member of staff goes to WHSmith and pays £1,860 for stationery. An electricity invoice for £4,856 was received, to be paid for in 21 days. A purchase was made from Ross Ltd for £8,907 on 14 Day terms A purchase is received from supplier TD Ltd to be paid for in 10 Days for £21,698 A credit sale was made to Jacques plc on 21 days terms for £21,245 A credit sale was made to Wilkins plc, due in 14 days for £18,799 5 6 7 10 James invests £150,000 cash into the business. 11 Cash sales of £7,159 were made to Williams Ltd. 12 The manager pays rent via DD of £14,618 per month. A purchase of £14,859 was made from TD Ltd. An invoice for Business Rates was received for £9,715 to be paid on 31st March. 13 14 15 James was unhappy with the quality of some product received and returned 32.5% of TD's Ltd's first delivery. 17 Hazel invested £175,000 into the business. 18 Vehicles are bought for £45,999 on 21 Day credit terms from TC Harrison Ltd. BT sent a phone invoice of £11,614 to be paid for in 10 days. Ikleara Ltd paid £255,000 for a Building to run the business from. 19 20 21 Cash Sales of £13,812 were made. 22 Invoice received for £75,000 for Equipment. This is due to be paid in 14 days time. 23 Credit sales were made to Wilkins plc for £17,309 23 There was another purchase on the same terms from Ross Ltd for £14,257 An invoice for water rates for £1,251 was received, to be paid in 10 days time. 24 25 Cash sales of £5,106 were banked 27 Staff are paid wages of £37,900 Hazel paid £3,500 for laptops to help run the business from PC World. 28 29 Another sale for £25,127 was made to Jacques plc on the same terms. 31 Williams sent back to you 22.5% of the sale from earlier in the month.
Transcribed Image Text:Tme buSI ess Tlas tWo Snai ers James and nazel and employs 23 members of Stal. March Transaction A bank loan of £310,000 was received from HSBC. 2 One member of staff goes to WHSmith and pays £1,860 for stationery. An electricity invoice for £4,856 was received, to be paid for in 21 days. A purchase was made from Ross Ltd for £8,907 on 14 Day terms A purchase is received from supplier TD Ltd to be paid for in 10 Days for £21,698 A credit sale was made to Jacques plc on 21 days terms for £21,245 A credit sale was made to Wilkins plc, due in 14 days for £18,799 5 6 7 10 James invests £150,000 cash into the business. 11 Cash sales of £7,159 were made to Williams Ltd. 12 The manager pays rent via DD of £14,618 per month. A purchase of £14,859 was made from TD Ltd. An invoice for Business Rates was received for £9,715 to be paid on 31st March. 13 14 15 James was unhappy with the quality of some product received and returned 32.5% of TD's Ltd's first delivery. 17 Hazel invested £175,000 into the business. 18 Vehicles are bought for £45,999 on 21 Day credit terms from TC Harrison Ltd. BT sent a phone invoice of £11,614 to be paid for in 10 days. Ikleara Ltd paid £255,000 for a Building to run the business from. 19 20 21 Cash Sales of £13,812 were made. 22 Invoice received for £75,000 for Equipment. This is due to be paid in 14 days time. 23 Credit sales were made to Wilkins plc for £17,309 23 There was another purchase on the same terms from Ross Ltd for £14,257 An invoice for water rates for £1,251 was received, to be paid in 10 days time. 24 25 Cash sales of £5,106 were banked 27 Staff are paid wages of £37,900 Hazel paid £3,500 for laptops to help run the business from PC World. 28 29 Another sale for £25,127 was made to Jacques plc on the same terms. 31 Williams sent back to you 22.5% of the sale from earlier in the month.
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