Trial Balance Palm beach 4017703 As at 31 August 2019 ACCOUNT

Trial Balance Palm beach 4017703
Trial Balance
Palm beach 4017703
As at 31 August 2019
ACCOUNT CODE ACCOUNT ACCOUNT TYPE DEBIT CREDIT 31 AUG 2018
200 Sales Revenue - Clothing
and merchandise Revenue 331,658.00 -
201 Revenue - Surf Lessons Revenue 64,436.32 -
202 Revenue - Yoga Lessons Revenue 12,327.25 -
270 Interest Income Revenue 75.00 -
310 Cost of Goods Sold Direct Costs 150,075.00 -
400 Advertising expenses Expense 9,000.00 -
404 Bank Fees Expense 441.00 -
408 Accounting fees Expense 3,500.00 -
412 Sales and marketing
expenses Expense 13,240.00 -
416 Depreciation Expense 1,539.17 -
425 Freight & Courier Expense 4,740.00 -
429 General Expenses Expense 359.25 -
433 Insurance Expense 8,375.00 -
437 Interest Expense Expense 500.00 -
445 Electricity Expense 387.64 -
449 Motor Vehicle Expenses Expense 1,100.00 -
469 Rent Expense 4,015.15 -
473 Repairs and Maintenance Expense 15,000.00 -
477 Wages and Salaries Expense 25,700.00 -
489 Telephone & Internet Expense 950.00 -
600 Cash at bank Bank 356,549.60 -
601 Petty Cash Bank 3.50 -
610 Accounts Receivable Current Asset 15,455.00 -
620 Prepaid Insurance Current Asset 25,125.00 -
621 Prepaid Rent Current Asset 4,416.67 -
623 Prepaid advertisement Current Asset 60,000.00 -
624 Prepaid Council rates Current Asset 348.48 -
630 Inventory Current Asset 72,775.00 -
710 Office Equipment Fixed Asset 25,200.00 -
711 Less Accumulated
depreciation - Office Equip' Fixed Asset 6,600.00 -
720 Leasehold Improvements Fixed Asset 58,500.00 -
721 Less Accumulated
Depreciation - Leasehold Fixed Asset 15,102.25 -
730 Motor vehicles Fixed Asset 45,000.00 -
731 Accumulated depreciation -
MV Fixed Asset 16,666.67 -
740 Computerized cash register Fixed Asset 4,500.00 -
741
Less Accumulated
Depreciation Computerized
cash register
Fixed Asset 41.25 -
800 Accounts Payable Current Liability 59,600.00 -
820 GST Current Liability 17,630.90 -
831 Accruals - Holiday Pay Current Liability 22,075.00 -