3:33 AM. Milton Appliances 10346350 Patel. 24/09/19. Jo

AYN416 EXCEL COMPONANT PLUS RECKON ACCOUNT ACADEMIC SOFTWARE 2014

Trans # Type Date Num Adj Name Description Account Debit Credit
14 Sales Receipt 7/1/2019 1 Undeposited Funds 4,840.00
Sales 4,400.00
Inventory Asset 2,200.00
Cost of Goods Sold 2,200.00
Australian Taxation ... 10% GST Tax Payable 440.00
7,040.00 7,040.00
15 Bill 7/1/2019 Review Computers ... Trade creditors 1,386.00
Review Computers ... Computer Equipment 1,260.00
Australian Taxation ... Cap. Acq. - I... Tax Payable 126.00
1,386.00 1,386.00
16 Cheque 7/2/2019 1 Office Suppliers ANZ Bank Account 1,100.00
Office Suppliers Office Supplies 1,000.00
Australian Taxation ... Non-Cap. Ac... Tax Payable 100.00
1,100.00 1,100.00
17 Tax Invoice 7/2/2019 MA32 Burrow Properties P... Account Receivables 7,700.00
Burrow Properties P... Sales 7,000.00
Burrow Properties P... Inventory Asset 3,500.00
Burrow Properties P... Cost of Goods Sold 3,500.00
Australian Taxation ... 10% GST Tax Payable 700.00
11,200.00 11,200.00
18 Cheque 7/3/2019 59 Electrical Repairs ANZ Bank Account 605.00
Electrical Repairs Electrical Repairs 550.00
Australian Taxation ... Non-Cap. Ac... Tax Payable 55.00
605.00 605.00
19 Bill 7/3/2019 Westinghouse Pty Ltd Trade creditors 15,400.00
Westinghouse Pty Ltd Inventory Asset 14,000.00
Australian Taxation ... Non-Cap. Ac... Tax Payable 1,400.00
15,400.00 15,400.00
20 Cheque 7/4/2019 60 Prepaid Insurance ANZ Bank Account 1,584.00
Prepaid Insurance Prepaid Insurance 1,440.00
Australian Taxation ... Non-Cap. Ac... Tax Payable 144.00
1,584.00 1,584.00
21 Cheque 7/5/2019 61 Nathan ANZ Bank Account 1,000.00
Nathan Drawings 1,000.00
1,000.00 1,000.00
22 Cheque 7/5/2019 62 Employees ANZ Bank Account 4,200.00
Employees Wages 4,200.00
4,200.00 4,200.00
3:33 AM Milton Appliances 10346350 Patel
24/09/19 Journal
July 2019
Page 1

Trans # Type Date Num Adj Name Description Account Debit Credit
23 Tax Invoice 7/10/2019 MA33 Graham Developme... Account Receivables 38,610.00
Graham Developme... Sales 35,100.00
Graham Developme... Inventory Asset 17,550.00
Graham Developme... Cost of Goods Sold 17,550.00
Australian Taxation ... 10% GST Tax Payable 3,510.00
56,160.00 56,160.00
24 Bill 7/11/2019 LG Pty Ltd Trade creditors 9,350.00
LG Pty Ltd Inventory Asset 8,500.00
Australian Taxation ... Non-Cap. Ac... Tax Payable 850.00
9,350.00 9,350.00
25 Bill Pmt -Cheque 7/14/2019 Bayside Accountant... ANZ Bank Account 3,850.00
Bayside Accountant... Trade creditors 3,850.00
3,850.00 3,850.00
26 Bill Pmt -Cheque 7/21/2019 LG Pty Ltd ANZ Bank Account 16,500.00
LG Pty Ltd Trade creditors 16,500.00
16,500.00 16,500.00
27 Adjustment Note 7/21/2019 MA34 Graham Developme... Account Receivables 1,870.00
Graham Developme... Sales 1,700.00
Graham Developme... Inventory Asset 850.00
Graham Developme... Cost of Goods Sold 850.00
Australian Taxation ... 10% GST Tax Payable 170.00
2,720.00 2,720.00
28 Payment 7/21/2019 Burrow Properties P... Undeposited Funds 23,120.00
Burrow Properties P... Account Receivables 23,120.00
23,120.00 23,120.00
29 Cheque 7/26/2019 63 Telephone Bill ANZ Bank Account 924.00
Telephone Bill Telephone 840.00
Australian Taxation ... Non-Cap. Ac... Tax Payable 84.00
924.00 924.00
30 Tax Invoice 7/26/2019 MA34 Studio Apartments ... Account Receivables 34,100.00
Studio Apartments ... Sales 31,000.00
Studio Apartments ... Inventory Asset 15,500.00
Studio Apartments ... Cost of Goods Sold 15,500.00
Australian Taxation ... 10% GST Tax Payable 3,100.00
49,600.00 49,600.00
31 Payment 7/28/2019 Graham Developme... Undeposited Funds 7,000.00
Graham Developme... Account Receivables 7,000.00
7,000.00 7,000.00
3:33 AM Milton Appliances 10346350 Patel
24/09/19 Journal
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Trans # Type Date Num Adj Name Description Account Debit Credit
32 Credit 7/28/2019 Westinghouse Pty Ltd Trade creditors 770.00
Westinghouse Pty Ltd Inventory Asset 700.00
Australian Taxation ... Non-Cap. Ac... Tax Payable 70.00
770.00 770.00
33 Sales Receipt 7/28/2019 2 Undeposited Funds 10,560.00
Sales 9,600.00
Inventory Asset 4,800.00
Cost of Goods Sold 4,800.00
Australian Taxation ... 10% GST Tax Payable 960.00
15,360.00 15,360.00
34 Cheque 7/28/2019 66 Australian Taxation ... ANZ Bank Account 17,630.00
Australian Taxation ... Goods and Service... 12,450.00
Australian Taxation ... PAYG Tax Payable 5,180.00
17,630.00 17,630.00
35 Cheque 7/30/2019 67 Utilities Expenses ANZ Bank Account 814.00
Utilities Expenses Utilities Expenses 740.00
Australian Taxation ... Non-Cap. Ac... Tax Payable 74.00
814.00 814.00
36 Cheque 7/30/2019 68 Electrical Repairs ANZ Bank Account 297.00
Electrical Repairs Electrical Repairs 270.00
Australian Taxation ... Non-Cap. Ac... Tax Payable 27.00
297.00 297.00
37 Payment 7/31/2019 Studio Apartments ... Undeposited Funds 22,000.00
Studio Apartments ... Account Receivables 22,000.00
22,000.00 22,000.00
38 Cheque 7/31/2019 69 ANZ Bank ANZ Bank Account 40.00
ANZ Bank Bank Charges 40.00
40.00 40.00
39 General Journal 7/31/2019 3 PAYG Tax wi... Wages 2,060.00
PAYG Tax wi... PAYG Tax Payable 2,060.00
2,060.00 2,060.00
40 Deposit 7/1/2019 Deposit ANZ Bank Account 4,840.00
Deposit Undeposited Funds 4,840.00
4,840.00 4,840.00
41 Deposit 7/21/2019 Deposit ANZ Bank Account 23,120.00
Burrow Properties P... Deposit Undeposited Funds 23,120.00
23,120.00 23,120.00
3:33 AM Milton Appliances 10346350 Patel
24/09/19 Journal
July 2019
Page 3

Trans # Type Date Num Adj Name Description Account Debit Credit
42 Deposit 7/28/2019 Deposit ANZ Bank Account 17,560.00
-MULTIPLE- Deposit Undeposited Funds 17,560.00
17,560.00 17,560.00
43 Deposit 7/31/2019 Deposit ANZ Bank Account 22,000.00
Studio Apartments ... Deposit Undeposited Funds 22,000.00
22,000.00 22,000.00
44 General Journal 7/31/2019 4 Capital contri... ANZ Bank Account 2,500.00
Capital contri... Capital Stock 2,500.00
2,500.00 2,500.00
45 General Journal 7/31/2019 5 * Wages 850.00
* Payroll Liabilities 850.00
* Insurance 120.00
* Prepaid Insurance 120.00
* Depreciation - Store... 5,928.00
* Less accumulated d... 5,928.00
* Depreciation-Comp... 7,440.00
* Less accumulated a... 7,440.00
* Supplies 1,640.00
* Office Supplies 1,640.00
* Rent 7,500.00
* Prepaid Rent 7,500.00
23,478.00 23,478.00
TOTAL 365,208.00 365,208.00
3:33 AM Milton Appliances 10346350 Patel
24/09/19 Journal
July 2019
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