Tech Head (Neha Neha) 824 ROSE AVENUE BRISBANE, QLD,4000

Tech Head (Neha Neha)
824 ROSE AVENUE BRISBANE, QLD,4000 AUSTRALIA
Trial Balance
January 2019
8/6/2019
3:31:00 PM
Page 1
Account Debit Credit YTD Debit YTD Credit
Cheque Account $23,994.00 $113,553.00
Undeposited Funds $0.00 $0.00
Electronic Clearing Account $0.00 $0.00
ACCOUNTS RECEIVABLE $24,092.00 $62,416.00
Less Prov'n for Doubtful Debts $1,168.00 $1,934.00
Inventory $630.00 $112,000.00
office supplies $560.00 $916.00
PREPAID RENT $5,000.00 $5,000.00
PROPERTY & EQUIPMENT at $2,500.00 $57,500.00
PROPERTY & EQUIPMENT A $375.00 $17,625.00
ACCOUNTS PAYABLE $22,321.00 $50,415.00
GST Collected $7,170.00 $15,114.00
GST Paid $5,738.00 $11,307.00
SALARIES PAYABLE $0.00 $0.00
PAYG Withholding Payable $975.00 $2,835.00
INTEREST PAYABLE $150.00 $150.00
SHORT TERM LOANS $15,000.00 $15,000.00
Bank Loans $0.00 $42,000.00
SHARE CAPITAL $0.00 $50,000.00
Retained Earnings $0.00 $148,800.00
Historical Balancing $0.00 $0.00
SALES REVENUE $71,700.00 $230,588.00
COST OF SALES $44,750.00 $155,972.00
Depreciation Expense $375.00 $17,625.00
OFFICE SUPPLIES EXPENS $440.00 $3,233.00
SALARIES EXPENSES $6,500.00 $22,016.00
Rent $1,000.00 $1,000.00
Telephone $1,400.00 $4,647.00
Electricity $1,100.00 $4,453.00
BANK CHARGES $13.00 $44.00
BAD DEBT EXPENSES $1,168.00 $2,760.00
Interest Income $761.00 $761.00
Interest Expense $360.00 $780.00
Total: $119,620.00 $119,620.00 $575,222.00 $575,222.00