Assessment 2: MYOB Project - Sales & Receivables Journal Analysis

This document presents a completed sales and receivables journal for a MYOB accounting project. The project covers a period from July 1, 2018, to January 31, 2019, for The Digital Village. It includes journal entries for pre-conversion sales, sales transactions with various customers (Handys Electronics, Jerry Technology, and Turbo Tech), and details the debit and credit entries for accounts receivable, sales revenue, GST collected, cost of sales, and inventory. The document shows the breakdown of each transaction, including account numbers, account names, and the corresponding debit and credit amounts, providing a comprehensive overview of the sales and receivables process within the MYOB accounting software. The final section provides a grand total for the period.

The Digital Village (Preeti Rawat)
613 Mackenzie Avenue
Brisbane, QLD, 4000
Australia
Sales & Receivables Journal
7/1/2018 To 1/31/2019
7/18/2019
12:59:05 PM
Page 1
ID# Acct# Account Name Debit Credit Job No.
SJ 12/11/2018 Pre-conversion sale
00003110 1-1200 Accounts Receivable $10,000.00
00003110 1-1200 Accounts Receivable $1,000.00
00003110 1-1200 Accounts Receivable $11,000.00
SJ 12/19/2018 Pre-conversion sale
00003111 1-1200 Accounts Receivable $8,440.00
00003111 1-1200 Accounts Receivable $844.00
00003111 1-1200 Accounts Receivable $9,284.00
SJ 12/24/2018 Pre-conversion sale
00003112 1-1200 Accounts Receivable $10,170.00
00003112 1-1200 Accounts Receivable $1,017.00
00003112 1-1200 Accounts Receivable $11,187.00
SJ 1/5/2019 Sale; Handys Electronics
00003113 1-1200 Accounts Receivable $15,700.00
00003113 1-1200 Accounts Receivable $1,570.00
00003113 4-1100 Sales Revenue $15,700.00
00003113 2-1310 GST Collected $1,570.00
00003113 5-1100 Cost of Sales $10,270.00
00003113 1-1300 Inventory $4,720.00
00003113 1-1300 Inventory $5,550.00
SJ 1/10/2019 Sale; Handys Electronics
00003114 1-1200 Accounts Receivable $13,800.00
00003114 1-1200 Accounts Receivable $1,380.00
00003114 4-1100 Sales Revenue $13,800.00
00003114 2-1310 GST Collected $1,380.00
00003114 5-1100 Cost of Sales $9,040.00
00003114 1-1300 Inventory $4,720.00
00003114 1-1300 Inventory $4,320.00
SJ 1/17/2019 Sale; Jerry Technology
00003116 1-1200 Accounts Receivable $13,500.00
00003116 1-1200 Accounts Receivable $1,350.00
00003116 4-1100 Sales Revenue $13,500.00
00003116 2-1310 GST Collected $1,350.00
00003116 5-1100 Cost of Sales $8,820.00
00003116 1-1300 Inventory $2,160.00
00003116 1-1300 Inventory $6,660.00
SJ 1/23/2019 Sale; Jerry Technology
00003117 1-1200 Accounts Receivable $3,300.00
00003117 1-1200 Accounts Receivable $330.00
00003117 4-1100 Sales Revenue $3,300.00
00003117 2-1310 GST Collected $330.00
00003117 5-1100 Cost of Sales $2,160.00
00003117 1-1300 Inventory $2,160.00
SJ 1/25/2019 Sale; Turbo Tech
00003115 1-1200 Accounts Receivable $37,500.00
00003115 1-1200 Accounts Receivable $3,750.00
00003115 4-1100 Sales Revenue $37,500.00
00003115 2-1310 GST Collected $3,750.00
00003115 5-1100 Cost of Sales $24,430.00
00003115 1-1300 Inventory $4,720.00
00003115 1-1300 Inventory $16,380.00
00003115 1-1300 Inventory $3,330.00

The Digital Village (Preeti Rawat)
Sales & Receivables Journal
7/1/2018 To 1/31/2019
7/18/2019
12:59:05 PM
Page 2
ID# Acct# Account Name Debit Credit Job No.
SJ 1/25/2019 Sale; Turbo Tech
Grand Total: $178,371.00 $178,371.00