Intermaweb Computer (SYED WASIM ABBAS) 14 BORCHERT LANE BRISBANE

Accounting MYOB

Intermaweb Computer (SYED WASIM ABBAS)
14 BORCHERT LANE BRISBANE QLD,4000 AUSTRALIA
Trial Balance
January 2019
7/18/2019
2:58:52 PM
Page 1
Account Debit Credit YTD Debit YTD Credit
Cheque Account $11,925.00 $101,673.00
Undeposited Funds $0.00 $0.00
Electronic Clearing Account $0.00 $0.00
ACCOUNTS RECEIVABLE $30,654.00 $65,744.00
Less Prov'n for Doubtful Debts $1,250.00 $1,952.00
Inventory $9,070.00 $64,680.00
OFFICE SUPPLIES $616.00 $1,087.00
PREPAID RENT $5,000.00 $5,000.00
PROPERTY & EQUIPMENT at $2,000.00 $56,000.00
PROPERTY&EQUIPMENT Ac $421.00 $25,671.00
ACCOUNTS PAYABLE $6,983.00 $44,185.00
GST Collected $6,560.00 $16,495.00
GST Paid $4,384.00 $8,072.00
SALARIES PAYABLE $0.00 $0.00
PAYG Withholding Payable $1,035.00 $3,015.00
INTEREST PAYABLE $170.00 $170.00
SHORT TERM LOANS $17,000.00 $17,000.00
Bank Loans $0.00 $47,000.00
SHARE CAPITAL $0.00 $55,000.00
Retained Earnings $0.00 $74,453.00
Historical Balancing $0.00 $0.00
SALES REVENUE $65,600.00 $264,301.00
COST OF SALES $41,110.00 $180,201.00
Depreciation Expense $421.00 $25,671.00
OFFICE SUPPLIES EXPENS $484.00 $3,203.00
SALARIES EXPENSE $6,900.00 $23,831.00
Rent $1,000.00 $1,000.00
Telephone $1,200.00 $4,845.00
Electricity $1,500.00 $5,205.00
BANK CHARGES $10.00 $43.00
BAD DEBT EXPENSE $1,250.00 $2,882.00
Interest Income $770.00 $770.00
Interest Expense $405.00 $875.00
Total: $108,859.00 $108,859.00 $550,012.00 $550,012.00