Journal Report | Palm beach 4017703 | 5 October 2019

Journal Report
Journal Report | Palm beach 4017703 | 5 October 2019Page 1 of 28
Palm beach 4017703
From 31 Jul 2019 to 31 Aug 2019
ID 203 Reconciliation adjustment (Posted by shubham govindkar on 5 Oct 2019) 10 Aug 2019
Account Debit Credit
Cash at bank (600) 9.00
Rounding (860) 9.00
9.00 9.00
ID 202 Payment: Lessons (Posted by shubham govindkar on 5 Oct 2019) 14 Aug 2019
Account Debit Credit
Accounts Receivable (610) 2,700.00
Cash at bank (600) 2,700.00
2,700.00 2,700.00
ID 201 Lessons (Posted by shubham govindkar on 5 Oct 2019) 14 Aug 2019
Account Debit Credit
Accounts Receivable (610) 2,700.00
Revenue - Surf Lessons (201) 1,145.45
Revenue - Surf Lessons (201) 1,309.09
GST (820) 245.46
2,700.00 2,700.00
ID 200 Reversed: Lessons (Posted by shubham govindkar on 5 Oct 2019) Reversal of #101 14 Aug 2019
Account Debit Credit
Accounts Receivable (610) 1,980.00
Revenue - Surf Lessons (201) 1,145.45
Revenue - Yoga Lessons (202) 654.55
GST (820) 180.00
1,980.00 1,980.00
ID 199 Reversed: Payment: Lessons (Posted by shubham govindkar on 5 Oct 2019) Reversal of #102 14 Aug 2019
Account Debit Credit
Accounts Receivable (610) 1,980.00
Cash at bank (600) 1,980.00
1,980.00 1,980.00
ID 198 The Advertising Gurus (Posted by shubham govindkar on 5 Oct 2019) 19 Aug 2019
Account Debit Credit
Cash at bank (600) 30,000.00
Prepaid advertisement (623) 30,000.00
30,000.00 30,000.00
ID 197 Interest paid (Posted by shubham govindkar on 5 Oct 2019) 31 Aug 2019
Account Debit Credit
Cash at bank (600) 250.00
Interest Expense (437) 250.00

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Journal Report | Palm beach 4017703 | 5 October 2019Page 2 of 28
250.00 250.00
ID 196 Bank charges (Posted by shubham govindkar on 5 Oct 2019) 31 Aug 2019
Account Debit Credit
Cash at bank (600) 15.00
Bank Fees (404) 15.00
15.00 15.00
ID 195 Prepaid Council rates (Manual Journal: Posted by shubham govindkar on 5 Oct 2019) 31 Aug 2019
Account Debit Credit
Prepaid Council rates (624) 348.48
General Expenses (429) 348.48
348.48 348.48
ID 194 Reversed: Prepaid Council rates (Manual Journal: Posted by shubham govindkar on 5 Oct 2019)
Reversal of #193
31 Aug 2019
Account Debit Credit
Prepaid Council rates (624) 383.33
General Expenses (429) 383.33
383.33 383.33
ID 193 Prepaid Council rates (Manual Journal: Posted by shubham govindkar on 5 Oct 2019) 31 Aug 2019
Account Debit Credit
Prepaid Council rates (624) 383.33
General Expenses (429) 383.33
383.33 383.33
ID 192 Reversed: advertising campaign (Manual Journal: Posted by shubham govindkar on 5 Oct 2019)
Reversal of #187
31 Aug 2019
Account Debit Credit
Prepaid advertisement (623) 30,000.00
Advertising expenses (400) 30,000.00
30,000.00 30,000.00
ID 191 Payment: The Advertising Gurus (Posted by shubham govindkar on 5 Oct 2019) 19 Aug 2019
Account Debit Credit
Accounts Payable (800) 33,000.00
Cash at bank (600) 33,000.00
33,000.00 33,000.00
ID 190 The Advertising Gurus (Posted by shubham govindkar on 5 Oct 2019) 19 Aug 2019
Account Debit Credit
Accounts Payable (800) 33,000.00
Prepaid advertisement (623) 30,000.00
GST (820) 3,000.00
33,000.00 33,000.00
ID 189 Reversed: The Advertising Gurus (Posted by shubham govindkar on 5 Oct 2019) Reversal of #136 19 Aug 2019
Account Debit Credit

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Journal Report | Palm beach 4017703 | 5 October 2019Page 3 of 28
Accounts Payable (800) 3,300.00
Prepaid advertisement (623) 3,000.00
GST (820) 300.00
3,300.00 3,300.00
ID 188 Reversed: Payment: The Advertising Gurus (Posted by shubham govindkar on 5 Oct 2019)
Reversal of #137
19 Aug 2019
Account Debit Credit
Accounts Payable (800) 3,300.00
Cash at bank (600) 3,300.00
3,300.00 3,300.00
ID 187 advertising campaign (Manual Journal: Posted by shubham govindkar on 5 Oct 2019) 31 Aug 2019
Account Debit Credit
Prepaid advertisement (623) 30,000.00
Advertising expenses (400) 30,000.00
30,000.00 30,000.00
ID 186 Reversed: advertising campaign (Manual Journal: Posted by shubham govindkar on 5 Oct 2019)
Reversal of #185
31 Aug 2019
Account Debit Credit
Prepaid advertisement (623) 27,272.73
Advertising expenses (400) 27,272.73
27,272.73 27,272.73
ID 185 advertising campaign (Manual Journal: Posted by shubham govindkar on 5 Oct 2019) 31 Aug 2019
Account Debit Credit
Prepaid advertisement (623) 27,272.73
Advertising expenses (400) 27,272.73
27,272.73 27,272.73
ID 184 Prepaid rent (Manual Journal: Posted by shubham govindkar on 5 Oct 2019) 31 Aug 2019
Account Debit Credit
Historical Adjustment (840) 18,068.18
Prepaid Rent (621) 18,068.18
18,068.18 18,068.18
ID 183 Prepaid insurance (Manual Journal: Posted by shubham govindkar on 5 Oct 2019) 31 Aug 2019
Account Debit Credit
Prepaid Insurance (620) 25,125.00
Insurance (433) 25,125.00
25,125.00 25,125.00
ID 182 Rent (Manual Journal: Posted by shubham govindkar on 5 Oct 2019) 31 Aug 2019
Account Debit Credit
Rent (469) 4,015.15
Prepaid Rent (621) 4,015.15
4,015.15 4,015.15

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ID 181 Computer Depreciation (Manual Journal: Posted by shubham govindkar on 5 Oct 2019) 31 Aug 2019
Account Debit Credit
Depreciation (416) 41.25
Less Accumulated Depreciation Computerized cash register (741) 41.25
41.25 41.25
ID 180 Office equipment Depreciation (Manual Journal: Posted by shubham govindkar on 5 Oct 2019) 31 Aug 2019
Account Debit Credit
Depreciation (416) 300.00
Less Accumulated depreciation - Office Equip' (711) 300.00
300.00 300.00
ID 179 Delivery truck Depreciation (Manual Journal: Posted by shubham govindkar on 5 Oct 2019) 31 Aug 2019
Account Debit Credit
Depreciation (416) 666.67
Accumulated depreciation - MV (731) 666.67
666.67 666.67
ID 178 Leasehold improvements Depreciation (Manual Journal: Posted by shubham govindkar on 5 Oct
2019)
31 Aug 2019
Account Debit Credit
Depreciation (416) 531.25
Less Accumulated Depreciation - Leasehold (721) 531.25
531.25 531.25
ID 177 Payment: Virtual Bank (Posted by shubham govindkar on 5 Oct 2019) 31 Aug 2019
Account Debit Credit
Accounts Receivable (610) 75.00
Cash at bank (600) 75.00
75.00 75.00
ID 176 Virtual Bank (Posted by shubham govindkar on 5 Oct 2019) 31 Aug 2019
Account Debit Credit
Accounts Receivable (610) 75.00
Interest Income (270) 75.00
75.00 75.00
ID 175 Payment: Virtual Bank (Posted by shubham govindkar on 5 Oct 2019) 31 Aug 2019
Account Debit Credit
Accounts Payable (800) 265.00
Cash at bank (600) 265.00
265.00 265.00
ID 174 Virtual Bank (Posted by shubham govindkar on 5 Oct 2019) 31 Aug 2019
Account Debit Credit
Accounts Payable (800) 265.00
Bank Fees (404) 15.00
Interest Expense (437) 250.00

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Journal Report | Palm beach 4017703 | 5 October 2019Page 5 of 28
265.00 265.00
ID 173 Reversed: Virtual Bank (Posted by shubham govindkar on 5 Oct 2019) Reversal of #172 31 Aug 2019
Account Debit Credit
Accounts Payable (800) 340.00
Bank Fees (404) 15.00
Interest Expense (437) 250.00
Interest Income (270) 75.00
340.00 340.00
ID 172 Virtual Bank (Posted by shubham govindkar on 5 Oct 2019) 31 Aug 2019
Account Debit Credit
Accounts Payable (800) 340.00
Bank Fees (404) 15.00
Interest Expense (437) 250.00
Interest Income (270) 75.00
340.00 340.00
ID 171 Dividend declared (Posted by shubham govindkar on 5 Oct 2019) 29 Aug 2019
Account Debit Credit
Accounts Payable (800) 20,000.00
Dividend Declared (981) 20,000.00
20,000.00 20,000.00
ID 170 Shopfront Renovations Pty Limited (Posted by shubham govindkar on 5 Oct 2019) 29 Aug 2019
Account Debit Credit
Accounts Payable (800) 16,500.00
Repairs and Maintenance (473) 15,000.00
GST (820) 1,500.00
16,500.00 16,500.00
ID 169 Did a stock take. There were only 30 long boards counted (Posted by shubham govindkar on 5
Oct 2019)
27 Aug 2019
Account Debit Credit
Historical Adjustment (840) 77,000.00
Inventory (630) 77,000.00
77,000.00 77,000.00
ID 167 Did a stock take. There were only 50 short boards counted (Posted by shubham govindkar on 5
Oct 2019)
27 Aug 2019
Account Debit Credit
Historical Adjustment (840) 14,500.00
Inventory (630) 14,500.00
14,500.00 14,500.00
ID 162 Pittwater High School (Posted by shubham govindkar on 5 Oct 2019) 26 Aug 2019
Account Debit Credit
Accounts Receivable (610) 5,280.00
Accounts Receivable (610) 5,280.00

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5,280.00 5,280.00
ID 161 Pittwater High School (Posted by shubham govindkar on 5 Oct 2019) 26 Aug 2019
Account Debit Credit
Accounts Receivable (610) 5,280.00
Sales Revenue - Clothing and merchandise (200) 5,280.00
5,280.00 5,280.00
ID 160 Pittwater High School (Posted by shubham govindkar on 5 Oct 2019) 26 Aug 2019
Account Debit Credit
Cost of Goods Sold (310) 2,250.00
Inventory (630) 2,250.00
Cost of Goods Sold (310) 2,025.00
Inventory (630) 2,025.00
Cost of Goods Sold (310) 1,000.00
Inventory (630) 1,000.00
Cost of Goods Sold (310) 1,400.00
Inventory (630) 1,400.00
6,675.00 6,675.00
ID 159 Pittwater High School (Posted by shubham govindkar on 5 Oct 2019) 26 Aug 2019
Account Debit Credit
Accounts Receivable (610) 14,685.00
Sales Revenue - Clothing and merchandise (200) 4,500.00
Sales Revenue - Clothing and merchandise (200) 4,050.00
Sales Revenue - Clothing and merchandise (200) 2,000.00
Sales Revenue - Clothing and merchandise (200) 2,800.00
GST (820) 1,335.00
14,685.00 14,685.00
ID 158 Payment: BPay (Posted by shubham govindkar on 5 Oct 2019) 25 Aug 2019
Account Debit Credit
Accounts Payable (800) 440.00
Cash at bank (600) 440.00
440.00 440.00
ID 157 BPay (Posted by shubham govindkar on 5 Oct 2019) 25 Aug 2019
Account Debit Credit
Accounts Payable (800) 440.00
Telephone & Internet (489) 400.00
GST (820) 40.00
440.00 440.00
ID 156 Payment: BPay (Posted by shubham govindkar on 5 Oct 2019) 24 Aug 2019
Account Debit Credit
Accounts Payable (800) 575.00
Cash at bank (600) 575.00
575.00 575.00