Milton Appliances 10346350 Patel Assignment 2023

Jul 31, 19
Debit Credit
ANZ Bank Account 55,721.00
Account Receivables 82,938.00
Inventory Asset 35,775.00
Office Supplies 880.00
Prepayments:Prepaid Insurance 1,320.00
Prepayments:Prepaid Rent 7,500.00
Undeposited Funds 0.00
Computer Equipment 25,720.00
Computer Equipment:Less accumulated amortisation 22,728.00
Store Equipment 29,080.00
Store Equipment:Less accumulated depreciation 19,968.00
Trade creditors 33,986.00
Goods and Services Tax 0.00
Payroll Liabilities 850.00
Payroll Liabilities:PAYG Tax Payable 2,060.00
Tax Payable 5,750.00
Capital Stock 144,070.00
Opening Bal Equity 0.00
Partners Accounts:Drawings 1,000.00
Sales 85,400.00
Cost of Goods Sold 42,700.00
Bank Charges 40.00
Depreciation-Computer Equipment 7,440.00
Depreciation - Stores Equipment 5,928.00
Electrical Repairs 820.00
Insurance 120.00
Rent 7,500.00
Supplies 1,640.00
Telephone 840.00
Utilities Expenses 740.00
Wages 7,110.00
TOTAL 314,812.00 314,812.00
3:33 AM Milton Appliances 10346350 Patel
24/09/19 Trial Balance
Accrual Basis As of July 31, 2019
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