Trial Balance The Manly Surf and Wellness Shop As at 30 April

Trial Balance The Manly Surf and Wellness Shop
Trial Balance
The Manly Surf and Wellness Shop
As at 30 April 2019
ACCOUNT CODE ACCOUNT ACCOUNT TYPE DEBIT CREDIT 30 APR 2018
001 Petty Cash Current Asset 200.00 -
002 Prepaid Insurance Current Asset 11,167.00 -
003 Prepaid Rent Current Asset 13,250.00 -
004 Motor Vehicles Fixed Asset 45,000.00 -
005 Less Accumulated
Depreciation MV Fixed Asset 12,000.00 -
015 Cash at Bank Bank 77,904.00 -
630 Inventory Current Asset 242,100.00 -
710 Office Equipment Fixed Asset 15,200.00 -
711
Less Accumulated
Depreciation on Office
Equipment
Fixed Asset 4,560.00 -
006 Loan to NAB Liability 52,000.00 -
970 Owner A Share Capital Equity 100,000.00 -
007 Sales revenue- Clothing and
merchendise Sales 515,000.00 -
008 Revenue-Surf Lessons Revenue 242,000.00 -
009 Revenue Yoga lessons Revenue 96,000.00 -
010 Accounting Fees Expense 15,460.00 -
012 Electricity Expense 3,215.00 -
310 Cost of Goods Sold Direct Costs 290,500.00 -
400 Advertising Expense 9,000.00 -
425 Freight & Courier Expense 4,520.00 -
433 Insurance Expense 22,333.00 -
437 Interest Expense Expense 14,250.00 -
449 Motor Vehicle Expenses Expense 18,796.67 -
469 Rent Expense 28,708.33 -
477 Wages and Salaries Expense 207,500.00 -
489 Telephone & Internet Expense 2,456.00 -
Total 1,021,560.00 1,021,560.00 -