Trial Balance Assignment 2022

Trial Balance 11649252-VAMSI VEERABATHULA
Trial Balance
11649252-VAMSI VEERABATHULA
As at 31 July 2019
ACCOUNT CODE ACCOUNT ACCOUNT TYPE DEBIT CREDIT 30 JUN 2019
240 Sales – Accessories Sales 50,520.00 -
250 Sales – Clothing Sales 18,495.00 -
340 Cost of Sales – Accessories Direct Costs 12,900.00 -
350 Cost of Sales – Clothing Direct Costs 12,330.00 -
400 Advertising Expense 3,900.00 -
461 Printing & Stationery Expense 1,300.00 -
469 Rent Expense 3,000.00 -
477 Wages and Salaries Expense 4,100.00 -
600 Cash at bank-11649252 Bank 47,090.00 70,000.00
610 Accounts Receivable Current Asset 42,146.50 -
650 Inventory – Accessories Current Asset 3,050.00 -
660 Inventory – Clothing Current Asset 4,170.00 -
710 Office Equipment Fixed Asset 12,300.00 -
730 Furniture and Fittings Fixed Asset 20,000.00 -
800 Accounts Payable Current Liability 27,665.00 -
820 GST Current Liability 393.50 -
910 Business Loan Non-current Liability 45,000.00 (45,000.00)
970 Owners Contribution Equity 25,000.00 (25,000.00)
Total 166,680.00 166,680.00 -