Trial Balance Abdulla AlHashimi - 19215217 As at 31 May 2019

Xero assignment, assignment needs to be done in Xero with a 1000 word written report

Trial Balance Abdulla AlHashimi - 19215217
Trial Balance
Abdulla AlHashimi - 19215217
As at 31 May 2019
ACCOUNT CODE ACCOUNT ACCOUNT TYPE DEBIT CREDIT 31 MAY 2018
200 Sales Revenue 29,841.10 -
270 Interest Income Revenue 3,750.00 -
310 Cost of Goods Sold Direct Costs 27,618.66 -
400 Advertising Expense 1,000.00 -
416 Depreciation Expense 4,052.36 -
425 Freight & Courier Expense 200.00 -
429 General Expenses Expense 474.00 -
433 Insurance Expense 200.00 -
437 Interest Expense Expense 1,750.00 -
453 Office Expenses Expense 300.00 -
469 Rent Expense 10,000.00 -
472 Fuel Expesne Expense 900.00 -
477 Wages and Salaries Expense 8,000.00 -
506 DOubtful debt Expense 190.00 -
Cash at bank Bank 125,933.56 -
610 Accounts Receivable Current Asset 1,900.25 -
619 Office supplies Current Asset 250.00 -
620 Prepayments Current Asset 3,981.82 -
621 Prepaid Rent Current Asset 99,090.91 -
622 Interest receivable Current Asset 3,750.00 -
630 Inventory Current Asset 262,354.07 -
710 Office Equipment Fixed Asset 50,000.00 -
711
Less Accumulated
Depreciation on Office
Equipment
Fixed Asset 416.00 -
731 Delivery Van Fixed Asset 23,181.82 -
732 Les Acc dep Delivery vanFixed Asset 3,636.36 -
751 Investment Non-current Asset 250,000.00 -
632 Interest Payable Current Liability 1,750.00 -
633 Prov fro doubtful debt Liability 190.00 -
701 fuel expense payable Liability 330.00 -
800 Accounts Payable Current Liability 71,830.00 -
804 Wages Payable - Payroll Current Liability 8,000.00 -
820 GST Current Liability 44,616.01 -
900 Loan Non-current Liability 300,000.00 -
970 Owner A Share Capital Equity 500,000.00 -
Total 919,743.46 919,743.46 -