Hi-Fi Way (Rebecca Jayne) 404 Hogarth Boulevard Perth, WA, 6000

Hi-Fi Way (Rebecca Jayne)
404 Hogarth Boulevard
Perth, WA, 6000
Australia
Trial Balance
January 2019
9/18/2019
2:41:08 AM
Page 1
Account Debit Credit YTD Debit YTD Credit
Cheque Account $13,024.00 $83,881.00
Undeposited Funds $0.00 $0.00
Electronic Clearing Account $0.00 $0.00
Trade Debtors $32,447.00 $70,243.00
Less Prov'n for Doubtful Debts $1,480.00 $2,236.00
Inventory $1,340.00 $85,580.00
Office Supplies $1,064.00 $1,373.00
Prepaid Rent $5,000.00 $5,000.00
Property & Equipment at Cost $1,000.00 $51,000.00
Property & Equipment Accum $458.00 $32,083.00
Accounts Payable $23,695.00 $58,081.00
GST Collected $6,176.00 $14,655.00
GST Paid $5,260.00 $9,606.00
Salaries Payable $0.00 $0.00
PAYG Withholding Payable $990.00 $2,910.00
Interest Payable $113.00 $113.00
Short Term Loans $17,000.00 $17,000.00
Bank Loans $0.00 $48,000.00
Share Capital $0.00 $55,000.00
Retained Earnings $0.00 $78,541.00
Historical Balancing $0.00 $0.00
Sales Revenue $61,760.00 $231,346.00
Cost of Sales $41,540.00 $160,250.00
Depreciation Expense $458.00 $32,083.00
Office Supplies Expense $836.00 $3,258.00
Salaries Expense $6,600.00 $23,103.00
Rent Expense $1,000.00 $1,000.00
Telephone Expense $1,700.00 $4,722.00
Electricity Expense $1,800.00 $5,618.00
Bank Charges $13.00 $50.00
Bad Debt Expense $1,480.00 $2,928.00
Interest Income $563.00 $563.00
Interest Expense $353.00 $833.00
Total: $113,575.00 $113,575.00 $540,528.00 $540,528.00