INTERMAWEB COMPUTER(SAAD UR REHMAN) 825 FLACK LANE CANBERRA

INTERMAWEB COMPUTER(SAAD UR REHMAN)
825 FLACK LANE CANBERRA ,ACT,2600, AUSTRALIA
Trial Balance
January 2019
7/18/2019
10:05:13 PM
Page 1
Account Debit Credit YTD Debit YTD Credit
Cheque Account $5,733.00 $76,745.00
Undeposited Funds $0.00 $0.00
Electronic Clearing Account $0.00 $0.00
ACCOUNTS RECEIVABLE $67,071.00 $104,911.00
Less Prov'n for Doubtful Debts $2,000.00 $2,757.00
Inventory $29,680.00 $70,180.00
OFFICE SUPPLIES $560.00 $926.00
PREPAID RENT $5,833.00 $5,833.00
PROPERTY&EQUIPMENT at $3,500.00 $52,500.00
PROPERTY&EQUIPMENT Ac $316.00 $19,906.00
ACCOUNTS PAYABLE $12,794.00 $45,486.00
GST Collected $9,650.00 $18,183.00
GST Paid $4,937.00 $9,930.00
SALARIES PAYABLE $0.00 $0.00
PAYG Withholding Payable $1,095.00 $3,135.00
INTEREST PAYABLE $117.00 $117.00
SHORT TERM LOAN $14,000.00 $14,000.00
Bank Loans $0.00 $45,000.00
SHARE CAPITAL $0.00 $55,000.00
Retained Earnings $0.00 $95,444.00
Historical Balancing $0.00 $0.00
SALES REVENUE $96,500.00 $267,155.00
COST OF SALES $63,950.00 $183,408.00
Depreciation Expense $316.00 $19,906.00
OFFICE SUPPLIES EXPENS $440.00 $3,003.00
SALARIES EXPENSES $7,300.00 $23,901.00
Rent $1,167.00 $1,167.00
Telephone $1,800.00 $5,425.00
Electricity $1,800.00 $4,967.00
BANK CHARGES $13.00 $52.00
BADDEBT EXPENSES $2,000.00 $3,147.00
Interest Income $610.00 $610.00
Interest Expense $342.00 $792.00
Total: $166,762.00 $166,762.00 $566,793.00 $566,793.00