General Ledger Summary SURF HEAVEN From 1 March 2019 to 31 March

General Ledger
Summary
General Ledger Report | SURF HEAVEN | 7 May 2019 Page 1 of 3
SURF HEAVEN
From 1 March 2019 to 31 March 2019
Account Debit Credit Net Movement
Acc dep Motor Vehicle (721) - 4,200 (4,200)
Acc. dep SHop & Fittings (711) - 1,875 (1,875)
Accounts Payable (200) 31,502 30,305 1,197
Accounts Receivable (610) 50,226 37,767 12,459
Automobile Expenses (648) 200 - 200
Bank Service Charges (604) 35 - 35
Commission Income (261) - 1,200 (1,200)
Cost of Goods Sold (500) 16,673 360 16,313
Depreciation (700) 6,075 - 6,075
Freight & Courier (425) - 300 (300)
Interest expense (437) 50 - 50
Inventory (630) 27,670 16,913 10,757
Loan- ABC bank (900) 1,500 - 1,500
Owners Draw (310) 2,000 - 2,000
Prepayment (620) 260 - 260
Printing & Stationery (656) 2,640 - 2,640
Sales (400) 550 54,085 (53,535)
Sales Tax (220) 4,710 5,463 (753)
Stationery supplies (640) 803 1,127 (324)
Stationery supplies expense (485) 1,127 - 1,127
SURF HAVEN (601) 47,960 44,536 3,424
Telephone & Internet (680) 520 - 520
Travel - National (493) 270 - 270
Wages and Salaries (668) 3,390 - 3,390
Wages Payable (801) 240 270 (30)
Total 198,400 198,400 -

General Ledger
Exceptions
General Ledger Report | SURF HEAVEN | 7 May 2019 Page 2 of 3
SURF HEAVEN
From 1 March 2019 to 31 March 2019
Date Type Reason Transaction Reference Debit Credit Sales Tax
Acc dep Motor Vehicle (721)
31 Mar 2019 MJ Sales Tax Depreciation Depreciation 4,200 0.0%
31 Mar 2019 Total Acc dep Motor Vehicle (721) 4,200
Net movement 4,200
Acc. dep SHop & Fittings (711)
31 Mar 2019 MJ Sales Tax Depreciation Depreciation 1,875 0.0%
31 Mar 2019 Total Acc. dep SHop & Fittings
(711)
1,875
Net movement 1,875
Commission Income (261)
31 Mar 2019 PAY Sales Tax COMISSION 1,200 0.0%
31 Mar 2019 Total Commission Income (261) 1,200
Net movement 1,200
Freight & Courier (425)
4 Mar 2019 INV Sales Tax Aireys Surf Club 50 10.0%
11 Mar 2019 INV Sales Tax sharkeys Wye
River
50 10.0%
15 Mar 2019 INV Sales Tax Torquay surf shop 50 10.0%
22 Mar 2019 INV Sales Tax Aireys Surf Club 50 10.0%
25 Mar 2019 INV Sales Tax sharkeys Wye
River
50 10.0%
28 Mar 2019 INV Sales Tax Aireys Surf Club 50 10.0%
31 Mar 2019 Total Freight & Courier (425) 300
Net movement 300
Interest expense (437)
24 Mar 2019 PAY Sales Tax ABC BANK 50 0.0%
31 Mar 2019 Total Interest expense (437) 50
Net movement 50
Inventory (630)
9 Mar 2019 INV Sales Tax Custom
Surfboards
5,040 10.0%
9 Mar 2019 INV Sales Tax Wave Rider 1,920 10.0%
12 Mar 2019 INV High Custom
Surfboards
6,300 10.0%
12 Mar 2019 INV Sales Tax Seahorse
publishers
120 10.0%
16 Mar 2019 INV Sales Tax Wave Rider 1,440 10.0%

General Ledger
Exceptions
General Ledger Report | SURF HEAVEN | 7 May 2019 Page 3 of 3
Date Type Reason Transaction Reference Debit Credit Sales Tax
17 Mar 2019 CN Sales Tax Wave Rider 240 10.0%
19 Mar 2019 INV Sales Tax Seahorse
publishers
100 10.0%
23 Mar 2019 INV Sales Tax Custom
Surfboards
5,040 10.0%
23 Mar 2019 INV High Wave Rider 7,200 10.0%
23 Mar 2019 INV Sales Tax Seahorse
publishers
150 10.0%
31 Mar 2019 Total Inventory (630) 27,310 240
Net movement 27,070
Sales (400)
15 Mar 2019 INV High Torquay surf shop 10,500 10.0%
31 Mar 2019 Total Sales (400) 10,500
Net movement 10,500
Sales Tax (220)
19 Mar 2019 PAY Debit AUSTRALIAN
TAXATION
OFFICER
1,454 0.0%
31 Mar 2019 Total Sales Tax (220) 1,454
Net movement 1,454
Stationery supplies (640)
10 Mar 2019 PAY Debit ACE OFFICE
SUPPLIES
803 10.0%
31 Mar 2019 Total Stationery supplies (640) 803
Net movement 803
Stationery supplies expense (485)
31 Mar 2019 MJ Sales Tax stationery
supplies
consumed
stationery
supplies
consumed
1,127 0.0%
31 Mar 2019 Total Stationery supplies expense
(485)
1,127
Net movement 1,127
Wages and Salaries (668)
12 Mar 2019 PAY Sales Tax CARL & BRAIN 1,500 0.0%
26 Mar 2019 PAY Sales Tax CARL 900 0.0%
26 Mar 2019 PAY Sales Tax BRAIN 720 0.0%
31 Mar 2019 MJ Sales Tax wages wages 270 0.0%
31 Mar 2019 Total Wages and Salaries (668) 3,390
Net movement 3,390
Total 34,134 18,315