INTERMAWEB COMPUTER(MOHID RAZA HASHMANI) 136 ROBINSON STREET

INTERMAWEB COMPUTER(MOHID RAZA HASHMANI)
136 ROBINSON STREET CANBERRA, ACT, 2600 AUSTRALIA
Trial Balance
January 2019
10/9/2019
7:31:02 PM
Page 1
Account Debit Credit YTD Debit YTD Credit
Cheque Account $157.00 $84,579.00
Undeposited Funds $0.00 $0.00
Electronic Clearing Account $0.00 $0.00
ACCOUNTS RECEIVABLE $21,526.00 $56,550.00
Less Prov'n for Doubtful Debts $1,007.00 $1,707.00
Inventory $3,940.00 $89,810.00
OFFICE SUPPLIES $784.00 $1,214.00
PREPAID RENT $5,833.00 $5,833.00
PROPERTY & EQUIPMENT at $3,500.00 $55,500.00
PROPERTY & EQUIP Accum $360.00 $22,671.00
ACCOUNTS PAYABLE $13,163.00 $41,994.00
GST Collected $5,295.00 $11,419.00
GST Paid $5,251.00 $9,545.00
SALARIES PAYABLE $0.00 $0.00
PAYG Withholding Payable $960.00 $2,760.00
INTEREST PAYABLE $65.00 $65.00
SHORT TERM LOANS $13,000.00 $13,000.00
Bank Loans $0.00 $43,000.00
SHARE CAPITAL $0.00 $50,000.00
Retained Earnings $0.00 $125,662.00
Historical Balancing $0.00 $0.00
SALES REVENUE $52,950.00 $175,439.00
COST OF SALES $33,670.00 $119,412.00
Depreciation Expense $360.00 $22,671.00
OFFICE SUPPLIES EXPENS $616.00 $3,081.00
SALARIES EXPENSES $6,400.00 $26,135.00
Rent $1,167.00 $1,167.00
Telephone $1,600.00 $4,995.00
Electricity $1,400.00 $4,920.00
BANK CHARGES $13.00 $49.00
BAD DEBT EXPENSE $1,007.00 $2,250.00
Interest Income $704.00 $704.00
Interest Expense $280.00 $710.00
Total: $87,504.00 $87,504.00 $488,421.00 $488,421.00