Tech Head (Edwin Moreno) 611 Thorpe Drive Melbourne, VIC, 3000

Tech Head (Edwin Moreno)
611 Thorpe Drive
Melbourne, VIC, 3000
Australia
Trial Balance
January 2019
4/20/2019
11:17:20 AM
Page 1
Account # Account Debit Credit YTD Debit YTD Credit
1-1110 Cheque Account $10,599.00 $86,937.00
1-1180 Undeposited Funds $0.00 $0.00
1-1190 Electronic Clearing Account $0.00 $0.00
1-1200 Accounts Receivable $54,118.00 $85,369.00
1-1210 Less Prov'n for Doubtful Debts $1,808.00 $2,433.00
1-1300 Inventory $22,560.00 $96,930.00
1-1400 Office Supplies $672.00 $1,045.00
1-1500 Prepaid Rent $4,167.00 $4,167.00
1-3110 Property & Equipment at cost $3,000.00 $55,000.00
1-3120 Property & Equipment Accum $392.00 $17,234.00
2-1200 Accounts Payable $12,932.00 $41,906.00
2-1310 GST Collected $8,800.00 $16,338.00
2-1330 GST Paid $4,804.00 $10,779.00
2-1410 Salaries Payable $0.00 $0.00
2-1420 PAYG Withholding Payable $990.00 $2,850.00
2-1700 Interest Payable $87.00 $87.00
2-1800 Short Term Loans $13,000.00 $13,000.00
2-2100 Bank Loans $0.00 $40,000.00
3-1100 Share Capital $0.00 $55,000.00
3-8000 Retained Earnings $0.00 $137,347.00
3-9999 Historical Balancing $0.00 $0.00
4-1100 Sales Revenue $88,000.00 $238,766.00
5-1100 Cost of Sales $58,700.00 $164,236.00
6-1100 Depreciation Expense $392.00 $17,234.00
6-1800 Office Supplies Expenses $528.00 $2,587.00
6-1930 Salaries Expense $6,600.00 $26,297.00
6-2100 Rent Expenses $833.00 $833.00
6-2200 Telephone Expense $1,600.00 $5,214.00
6-2420 Electricity Expense $1,100.00 $4,830.00
6-2500 Bank Charges $13.00 $50.00
6-2600 Bad Debt Expense $1,808.00 $3,418.00
8-1000 Interest Income $652.00 $652.00
9-1000 Interest Expense $287.00 $687.00
Total: $149,221.00 $149,221.00 $565,613.00 $565,613.00