The Motor vehicle expenses

General Ledger
Saurav Pty Ltd
Cash Basis
01/07/2019 - 31/07/2019
4-2400 Sales
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
01/07/2019 CP000003 Cust Pmt Cash Sales 2,800.00 2,800.00 280.00
08/07/2019 CP000002 Cust Pmt Cash Sales 3,000.00 5,800.00 300.00
12/07/2019 CP000004 Cust Pmt Cash Sales 2,970.00 8,770.00 297.00
15/07/2019 CP000005 Cust Pmt Cash Sales 4,270.00 13,040.00 427.00
17/07/2019 CP000009 Cust Pmt C01 15,000.00 28,040.00
18/07/2019 CP000010 Cust Pmt C02 12,000.00 40,040.00
18/07/2019 CP000006 Cust Pmt Cash Sales 2,950.00 42,990.00 295.00
19/07/2019 CP000011 Cust Pmt C03 2,000.00 44,990.00
20/07/2019 CP000012 Cust Pmt C04 7,000.00 51,990.00
21/07/2019 CP000013 Cust Pmt C06 4,000.00 55,990.00
22/07/2019 CP000014 Cust Pmt C07 3,000.00 58,990.00
22/07/2019 CP000014 Cust Pmt C07 800.00 59,790.00 80.00
22/07/2019 CP000007 Cust Pmt Cash Sales 3,550.00 63,340.00 355.00
23/07/2019 CP000015 Cust Pmt C08 2,000.00 65,340.00
24/07/2019 CP000016 Cust Pmt C09 4,000.00 69,340.00
31/07/2019 CP000008 Cust Pmt Cash Sales 4,950.00 74,290.00 495.00
Totals 0.00 74,290.00 74,290.00 2,529.00
5-2800 Purchases
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
31/07/2019 JE000014 Gen Jrnl Perpetual inventory system 38,225.00 38,225.00
Totals 38,225.00 0.00 38,225.00 0.00
Page 126/01/2020

6-1400 Bank charges
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
31/07/2019 JE000007 Gen Jrnl Bank fees 110.00 110.00
Totals 110.00 0.00 110.00 0.00
6-2000 Electricity & gas
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
31/07/2019 JE000012 Gen Jrnl Electric usage accrued for July 2,100.00 2,100.00
Totals 2,100.00 0.00 2,100.00 0.00
6-2600 Insurance
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
31/07/2019 JE000009 Gen Jrnl Insurance expense for July 1,000.00 1,000.00
Totals 1,000.00 0.00 1,000.00 0.00
6-2800 Interest paid
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
31/07/2019 JE000010 Gen Jrnl Interest expense for July 1,875.00 1,875.00
Totals 1,875.00 0.00 1,875.00 0.00
6-3200 Lease of equipment
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
18/07/2019 JE000006 Gen Jrnl Lease payments 990.00 990.00
Totals 990.00 0.00 990.00 0.00
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6-3400 Motor vehicle expenses
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
27/07/2019 SP000007 Supp Pmt S07-Car Garage Co 1,500.00 1,500.00
Totals 1,500.00 0.00 1,500.00 0.00
6-3600 Office supplies
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
29/07/2019 JE000004 Gen Jrnl Cheque 1069 petty cash reimbursed 165.00 165.00
Totals 165.00 0.00 165.00 0.00
6-4000 Postage & courier
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
29/07/2019 JE000004 Gen Jrnl Cheque 1069 petty cash reimbursed 187.00 187.00
Totals 187.00 0.00 187.00 0.00
6-4200 Printing & stationery
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
27/07/2019 SP000006 Supp Pmt S06-Stationery 1,500.00 1,500.00
Totals 1,500.00 0.00 1,500.00 0.00
6-4400 Sales commission
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
31/07/2019 JE000008 Gen Jrnl Sales commission payable for July 5,000.00 5,000.00
Totals 5,000.00 0.00 5,000.00 0.00
Page 326/01/2020

6-5400 Superannuation expense
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
23/07/2019 SM000003 Spend Mny Paid superannuation Cheque 1063 3,000.00 3,000.00
Totals 3,000.00 0.00 3,000.00 0.00
6-5600 Telephone
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
27/07/2019 SP000005 Supp Pmt S05-Telephone Co 1,000.00 1,000.00
Totals 1,000.00 0.00 1,000.00 0.00
6-5800 Travel & accommodation
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
02/07/2019 JE000001 Gen Jrnl Reimbursed employee travel expense
(Cheque 1056)
110.00 110.00
29/07/2019 JE000004 Gen Jrnl Cheque 1069 petty cash reimbursed 220.00 330.00
Totals 330.00 0.00 330.00 0.00
6-6200 Wages & salaries
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
28/07/2019 JE000003 Gen Jrnl Paid wage Cheque 1068 and withheld tax
of 9,000
37,000.00 37,000.00
Totals 37,000.00 0.00 37,000.00 0.00
9-1000 Other expenses
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
31/07/2019 JE000013 Gen Jrnl Shop fixtures sold 500.00 500.00
Totals 500.00 0.00 500.00 0.00
Page 426/01/2020

9-1001 Bad debt
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
31/07/2019 JE000011 Gen Jrnl Provision for doubtful debts @5% 3,630.40 3,630.40
Totals 3,630.40 0.00 3,630.40 0.00
1-1000 Cash at Bank
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
01/07/2019 OPEN-1-1000 Op Bal 48,000.00 48,000.00
01/07/2019 TR000001 Transfer To: Petty cash | From: Cash at Bank 1,000.00 47,000.00
01/07/2019 CP000003 Cust Pmt Cash Sales 3,080.00 50,080.00
02/07/2019 JE000001 Gen Jrnl Reimbursed employee travel expense
(Cheque 1056)
110.00 49,970.00
04/07/2019 JE000002 Gen Jrnl Paid June sales commission owing to retail
assistants (Cheque 1057)
10,000.00 39,970.00
08/07/2019 CP000002 Cust Pmt Cash Sales 3,300.00 43,270.00
12/07/2019 CP000004 Cust Pmt Cash Sales 3,267.00 46,537.00
15/07/2019 CP000005 Cust Pmt Cash Sales 4,697.00 51,234.00
15/07/2019 SM000001 Spend Mny June PAYG paid (Cheque 1058) 10,000.00 41,234.00
16/07/2019 SM000002 Spend Mny Paid GST obligation for June (Cheque
1059)
5,000.00 36,234.00
17/07/2019 SP000001 Supp Pmt S01-Trading Goods 6,000.00 30,234.00
17/07/2019 CP000009 Cust Pmt C01 15,000.00 45,234.00
18/07/2019 CP000010 Cust Pmt C02 12,000.00 57,234.00
18/07/2019 CP000006 Cust Pmt Cash Sales 3,245.00 60,479.00
18/07/2019 JE000006 Gen Jrnl Lease payments 990.00 59,489.00
19/07/2019 SP000002 Supp Pmt S02-Trading Goods 2,000.00 57,489.00
19/07/2019 CP000011 Cust Pmt C03 2,000.00 59,489.00
20/07/2019 CP000012 Cust Pmt C04 7,000.00 66,489.00
20/07/2019 SP000003 Supp Pmt S03-Trading Goods 12,000.00 54,489.00
21/07/2019 CP000013 Cust Pmt C06 4,000.00 58,489.00
22/07/2019 CP000014 Cust Pmt C07 3,880.00 62,369.00
22/07/2019 CP000007 Cust Pmt Cash Sales 3,905.00 66,274.00
23/07/2019 CP000015 Cust Pmt C08 2,000.00 68,274.00
23/07/2019 SM000003 Spend Mny Paid superannuation Cheque 1063 3,000.00 65,274.00
Page 526/01/2020

24/07/2019 CP000016 Cust Pmt C09 4,000.00 69,274.00
27/07/2019 SP000004 Supp Pmt S04-Trading Goods 8,000.00 61,274.00
27/07/2019 SP000005 Supp Pmt S05-Telephone Co 1,000.00 60,274.00
27/07/2019 SP000006 Supp Pmt S06-Stationery 1,500.00 58,774.00
27/07/2019 SP000007 Supp Pmt S07-Car Garage Co 1,500.00 57,274.00
28/07/2019 JE000003 Gen Jrnl Paid wage Cheque 1068 and withheld tax
of 9,000
28,000.00 29,274.00
31/07/2019 JE000005 Gen Jrnl Paid dividends Cheque 1070 50,000.00 -20,726.00
31/07/2019 CP000008 Cust Pmt Cash Sales 5,445.00 -15,281.00
31/07/2019 JE000007 Gen Jrnl Bank fees 110.00 -15,391.00
31/07/2019 JE000013 Gen Jrnl Shop fixtures sold 3,000.00 -12,391.00
Totals 127,819.00 140,210.00 -12,391.00 0.00
1-1200 Petty cash
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
01/07/2019 TR000001 Transfer From: Cash at Bank | To: Petty cash 1,000.00 1,000.00
29/07/2019 JE000004 Gen Jrnl Cheque 1069 petty cash reimbursed 572.00 428.00
Totals 1,000.00 572.00 428.00 0.00
1-1800 Accounts receivable
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
01/07/2019 OPEN-1-1800 Op Bal 52,000.00 52,000.00
Totals 52,000.00 0.00 52,000.00 0.00
1-1801 Provision for doubtful debts
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
31/07/2019 JE000011 Gen Jrnl Provision for doubtful debts @5% 3,630.40 -3,630.40
Totals 0.00 3,630.40 -3,630.40 0.00
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1-1850 Inventory Control
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
01/07/2019 OPEN-1-1850 Op Bal 130,000.00 130,000.00
17/07/2019 SP000001 Supp Pmt S01-Trading Goods 6,000.00 136,000.00
19/07/2019 SP000002 Supp Pmt S02-Trading Goods 2,000.00 138,000.00
20/07/2019 SP000003 Supp Pmt S03-Trading Goods 12,000.00 150,000.00
27/07/2019 SP000004 Supp Pmt S04-Trading Goods 8,000.00 158,000.00
31/07/2019 JE000014 Gen Jrnl Perpetual inventory system 38,225.00 119,775.00
Totals 158,000.00 38,225.00 119,775.00 0.00
1-1851 Prepayments
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
01/07/2019 OPEN-1-1851 Op Bal 10,000.00 10,000.00
31/07/2019 JE000009 Gen Jrnl Insurance expense for July 1,000.00 9,000.00
Totals 10,000.00 1,000.00 9,000.00 0.00
1-2000 Shop Fixtures and Equipment
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
01/07/2019 OPEN-1-2000 Op Bal 350,000.00 350,000.00
31/07/2019 JE000013 Gen Jrnl Shop fixtures sold 12,000.00 338,000.00
Totals 350,000.00 12,000.00 338,000.00 0.00
1-2001 Accum Depn-Shop Fixt & Equip
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
01/07/2019 OPEN-1-2001 Op Bal 120,000.00 -120,000.00
31/07/2019 JE000013 Gen Jrnl Shop fixtures sold 8,200.00 -111,800.00
Totals 8,200.00 120,000.00 -111,800.00 0.00
Page 726/01/2020

1-2700 Goodwill
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
01/07/2019 OPEN-1-2700 Op Bal 50,000.00 50,000.00
Totals 50,000.00 0.00 50,000.00 0.00
2-1800 Accounts payable
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
01/07/2019 OPEN-2-1800 Op Bal 40,000.00 40,000.00
31/07/2019 JE000008 Gen Jrnl Sales commission payable for July 5,000.00 45,000.00
31/07/2019 JE000010 Gen Jrnl Interest expense for July 1,875.00 46,875.00
Totals 0.00 46,875.00 46,875.00 0.00
2-2200 GST collected
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
01/07/2019 OPEN-2-2200 Op Bal 20,000.00 20,000.00
01/07/2019 CP000003 Cust Pmt Cash Sales 280.00 20,280.00
08/07/2019 CP000002 Cust Pmt Cash Sales 300.00 20,580.00
12/07/2019 CP000004 Cust Pmt Cash Sales 297.00 20,877.00
15/07/2019 CP000005 Cust Pmt Cash Sales 427.00 21,304.00
16/07/2019 SM000002 Spend Mny Paid GST obligation for June (Cheque
1059)
5,000.00 16,304.00
18/07/2019 CP000006 Cust Pmt Cash Sales 295.00 16,599.00
22/07/2019 CP000007 Cust Pmt Cash Sales 355.00 16,954.00
22/07/2019 CP000014 Cust Pmt C07 80.00 17,034.00
31/07/2019 CP000008 Cust Pmt Cash Sales 495.00 17,529.00
Totals 5,000.00 22,529.00 17,529.00 0.00
Page 826/01/2020

2-2400 GST paid
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
01/07/2019 OPEN-2-2400 Op Bal 15,000.00 -15,000.00
31/07/2019 JE000013 Gen Jrnl Shop fixtures sold 300.00 -15,300.00
Totals 15,300.00 0.00 -15,300.00 0.00
2-2500 Accrued expenses
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
01/07/2019 OPEN-2-2500 Op Bal 10,000.00 10,000.00
04/07/2019 JE000002 Gen Jrnl Paid June sales commission owing to retail
assistants (Cheque 1057)
10,000.00
31/07/2019 JE000012 Gen Jrnl Electric usage accrued for July 2,100.00 2,100.00
Totals 10,000.00 12,100.00 2,100.00 0.00
2-2550 Provision for dividend
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
01/07/2019 OPEN-2-2550 Op Bal 50,000.00 50,000.00
31/07/2019 JE000005 Gen Jrnl Paid dividends Cheque 1070 50,000.00
Totals 50,000.00 50,000.00 0.00 0.00
2-2600 PAYG withholdings payable
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
01/07/2019 OPEN-2-2600 Op Bal 10,000.00 10,000.00
15/07/2019 SM000001 Spend Mny June PAYG paid (Cheque 1058) 10,000.00
28/07/2019 JE000003 Gen Jrnl Paid wage Cheque 1068 and withheld tax
of 9,000
9,000.00 9,000.00
Totals 10,000.00 19,000.00 9,000.00 0.00
Page 926/01/2020

2-3400 Bank loan
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
01/07/2019 OPEN-2-3400 Op Bal 250,000.00 250,000.00
Totals 0.00 250,000.00 250,000.00 0.00
3-1000 Issued and Paid up Capital
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
01/07/2019 OPEN-3-1000 Op Bal 120,000.00 120,000.00
Totals 0.00 120,000.00 120,000.00 0.00
3-9999 Historical balancing
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
01/07/2019 OPEN-1-1000 Op Bal 48,000.00 48,000.00
01/07/2019 OPEN-1-1800 Op Bal 52,000.00 100,000.00
01/07/2019 OPEN-1-1850 Op Bal 130,000.00 230,000.00
01/07/2019 OPEN-1-1851 Op Bal 10,000.00 240,000.00
01/07/2019 OPEN-1-2000 Op Bal 350,000.00 590,000.00
01/07/2019 OPEN-1-2001 Op Bal 120,000.00 470,000.00
01/07/2019 OPEN-1-2700 Op Bal 50,000.00 520,000.00
01/07/2019 OPEN-2-1800 Op Bal 40,000.00 480,000.00
01/07/2019 OPEN-2-2200 Op Bal 20,000.00 460,000.00
01/07/2019 OPEN-2-2400 Op Bal 15,000.00 475,000.00
01/07/2019 OPEN-2-2500 Op Bal 10,000.00 465,000.00
01/07/2019 OPEN-2-2550 Op Bal 50,000.00 415,000.00
01/07/2019 OPEN-2-2600 Op Bal 10,000.00 405,000.00
01/07/2019 OPEN-2-3400 Op Bal 250,000.00 155,000.00
01/07/2019 OPEN-3-1000 Op Bal 120,000.00 35,000.00
01/07/2019 OPEN-3-1600 Op Bal 35,000.00
Totals 655,000.00 655,000.00 0.00 0.00
Page 1026/01/2020

3-1600 Retained earnings
Date Ref No Type Description Debit Credit Balance GST Amt Qty Avg Net
01/07/2019 OPEN-3-1600 Op Bal 35,000.00 35,000.00
Totals 0.00 35,000.00 35,000.00 0.00
Page 1126/01/2020