General Ledger Report | Palm beach 4017703 | 5 October 2019

General Ledger
Summary
General Ledger Report | Palm beach 4017703 | 5 October 2019Page 1 of 3
Palm beach 4017703
From 1 August 2019 to 31 August 2019
Account Debit Credit Net Movement
Accounts Payable (800) 41,763 101,363 (59,600)
Accounts Receivable (610) 282,636 267,181 15,455
Accumulated depreciation - MV (731) - 667 (667)
Bank Fees (404) 30 - 30
Cash at bank (600) 255,090 72,440 182,650
Computerized cash register (740) 4,500 - 4,500
Cost of Goods Sold (310) 100,615 700 99,915
Depreciation (416) 1,539 - 1,539
Dividend Declared (981) 20,000 - 20,000
Electricity (445) 388 - 388
Freight & Courier (425) 220 - 220
General Expenses (429) 708 348 359
GST (820) 7,471 25,101 (17,631)
Historical Adjustment (840) 109,568 - 109,568
Insurance (433) - 25,125 (25,125)
Interest Expense (437) 500 - 500
Interest Income (270) - 75 (75)
Inventory (630) 22,790 192,115 (169,325)
Less Accumulated Depreciation - Leasehold (721) - 531 (531)
Less Accumulated depreciation - Office Equip' (711) - 300 (300)
Less Accumulated Depreciation Computerized cash register (741) - 41 (41)
Petty Cash (601) - 204 (204)
Prepaid advertisement (623) 60,000 - 60,000
Prepaid Council rates (624) 348 - 348
Prepaid Insurance (620) 25,125 - 25,125
Prepaid Rent (621) - 22,083 (22,083)
Rent (469) 4,015 - 4,015
Repairs and Maintenance (473) 15,000 - 15,000
Revenue - Surf Lessons (201) - 32,436 (32,436)
Revenue - Yoga Lessons (202) - 5,727 (5,727)
Rounding (860) - 9 (9)
Sales Revenue - Clothing and merchandise (200) 6,680 212,938 (206,258)
Telephone & Internet (489) 400 - 400
Total 959,386 959,386 -