Adjusted Trial Balance | Creative Edge Professional Photography Pty Ltd

Unadjusted Balance Adjustments Adjuste...
Debit Credit Debit Credit Debit
Cash at Bank 56,999.00 56,999.00
Accounts receivable 34,056.00 34,056.00
Photography Supplies 3,750.00 2,900.00 850.00
Prepaid insurance 6,000.00 1,000.00 5,000.00
Photography Equipment 67,080.00 67,080.00
Photography Equipment:Less acc.deprec - photo equip 12,548.00 932.00
Accounts payable 7,163.00
Loan Payable – Current 3,023.00
Tax Payable 561.00
Tax Payable (GST Clearing) 5,396.00
Wages Payable 3,200.00
Loan Payable - Non Current 18,748.00
PAYG Withholding 6,750.00
Opening Bal Equity 0.00 0.00
Opening balance equity 0.00 0.00
Retained Earnings 15,180.00
Share Capital 70,000.00
Service revenue 69,620.00
Uncategorised Income 0.00 0.00
Depreciation Exp - photo equip 932.00 932.00
Insurance Expense 1,000.00 1,000.00
Interest expense 380.00 380.00
Photography Supplies Expense 2,900.00 2,900.00
Printing & Framing Expenses 9,045.00 9,045.00
Rent Expense 10,000.00 10,000.00
Studio Cleaning Expense 410.00 410.00
Telephone and Internet Expense 650.00 650.00
Uncategorised Expenses 0.00 0.00
Utilities Expense 1,040.00 1,040.00
Wages Expense 19,579.00 3,200.00 22,779.00
TOTAL 208,989.00 208,989.00 8,032.00 8,032.00 213,121.00
4:26 PM Creative Edge Professional Photography Pty Ltd
05-04-20 Adjusted Trial Balance
Accrual Basis March 2020
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