Intermaweb Computer (Mahesh Majhi) 819 Cuthbert Drive Hobart,

Intermaweb Computer (Mahesh Majhi)
819 Cuthbert Drive
Hobart, TAS, 7000
Australia
Trial Balance
January 2019
5/30/2019
5:48:57 PM
Page 1
Account Debit Credit YTD Debit YTD Credit
Cheque Account $9,668.00 $91,138.00
Accounts Receivable $74,128.00 $108,239.00
Less Prov'n for Doubtful Debts $2,273.00 $2,955.00
Inventory $32,160.00 $92,090.00
Office Supplies $672.00 $1,010.00
Prepaid Rent $5,833.00 $5,833.00
Property & Equipment at Cost $3,500.00 $39,500.00
Property & Equipment Accum $219.00 $9,844.00
Accounts Payable $19,934.00 $54,342.00
GST Collected $10,535.00 $19,331.00
GST Paid $5,242.00 $11,455.00
PAYG Withholding Payable $1,020.00 $2,940.00
Interest Payable $92.00 $92.00
Short Term Loans $11,000.00 $11,000.00
Bank Loans $0.00 $48,000.00
Share Capital $0.00 $60,000.00
Retained Earnings $0.00 $107,454.00
Sales Revenue $105,350.00 $281,278.00
Cost of Sales $69,980.00 $193,130.00
Depreciation Expense $219.00 $9,844.00
Office Supplies Expense $528.00 $3,454.00
Salaries Expenses $6,800.00 $26,278.00
Rent Expense $1,167.00 $1,167.00
Telephone $1,700.00 $5,467.00
Electricity Expense $1,200.00 $4,680.00
Bank Charges $9.00 $41.00
Bad Debt Expense $2,273.00 $3,766.00
Interest Income $668.00 $668.00
Interest Expense $332.00 $812.00
Total: $183,251.00 $183,251.00 $597,904.00 $597,904.00