Hi-Fi Way (Harman Guman) 833 Devitt Lane Perth, WA, 6000

Hi-Fi Way (Harman Guman)
833 Devitt Lane
Perth, WA, 6000
Australia
Trial Balance
January 2019
30-05-2019
1:49:17
Page 1
Account Debit Credit YTD Debit YTD Credit
Cheque Account ?9,349.00 ?85,578.00
Undeposited Funds ?0.00 ?0.00
Electronic Clearing Account ?0.00 ?0.00
Accounts Receivables ?20,563.00 ?52,001.00
Less Prov'n for Doubtful Debts ?1,175.00 ?1,804.00
Inventory ?7,200.00 ?97,300.00
Office Supplies ?840.00 ?1,183.00
Prepaid Rent ?5,833.00 ?5,833.00
Property & Equipment at Cost ?1,500.00 ?42,500.00
Property & Equipmen Accum ?347.00 ?13,541.00
Accounts Payable ?20,713.00 ?54,890.00
GST Collected ?4,715.00 ?9,928.00
GST Paid ?5,058.00 ?9,563.00
Salaries Payable ?0.00 ?0.00
PAYG Withholding Payable ?960.00 ?2,820.00
Interest Payable ?180.00 ?180.00
Short term Loan ?18,000.00 ?18,000.00
Bank Loans ?0.00 ?40,000.00
Share Capital ?0.00 ?50,000.00
Retained Earnings ?0.00 ?108,159.00
Historical Balancing ?0.00 ?0.00
Sales Revenue ?47,150.00 ?151,411.00
Cost of sales ?30,580.00 ?103,563.00
Depreciation Expense ?347.00 ?13,541.00
Office Supplies Expense ?660.00 ?2,960.00
Salaries Expense ?6,400.00 ?23,348.00
Rent ?1,167.00 ?1,167.00
Telephone ?1,700.00 ?5,053.00
Electricity ?1,100.00 ?4,897.00
Bank Charges ?14.00 ?50.00
Bad Debt Expense ?1,175.00 ?2,042.00
Interest Income ?626.00 ?626.00
Interest Expense ?380.00 ?780.00
Total: ?93,866.00 ?93,866.00 ?451,359.00 ?451,359.00