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

Trial Balance The Manly Surf and Wellness Shop
Trial Balance
The Manly Surf and Wellness Shop
As at 30 June 2019
ACCOUNT CODE ACCOUNT ACCOUNT TYPE DEBIT CREDIT 30 JUN 2018
001 Petty Cash Current Asset 200.00 -
003 Prepaid Rent Current Asset 26,500.00 -
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 -
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 40,000.00 -
840 Historical Adjustment Current Liability 208,980.00 -
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 33,500.00 -
437 Interest Expense Expense 2,250.00 -
449 Motor Vehicle Expenses Expense 18,796.67 -
469 Rent Expense 15,458.33 -
477 Wages and Salaries Expense 207,500.00 -
489 Telephone & Internet Expense 2,456.00 -
Total 993,000.00 993,000.00 -