Comprehensive Accounting Working Papers, Journals, and Ledger Analysis

This assignment presents a collection of accounting working papers designed to provide a practical understanding of financial record-keeping. It includes a chart of accounts, general journal entries detailing various transactions such as payments for expenses, sales, and depreciation. The sales journal records sales transactions, detailing the accounts receivable and GST components. Additionally, the assignment incorporates subsidiary ledgers, specifically accounts receivable for various clients, showing the transactions and balances. The document provides a comprehensive overview of how financial data is recorded, categorized, and tracked within an accounting system, offering a valuable resource for students studying accounting principles and practices. The document is available on Desklib, a platform providing study tools.

Name:
Date:
Institution:
1

ACCOUNTING WORKING PAPERS AND REPORT TEMPLATES
CHART OF ACCOUNTS
Account
No.
Account Name Element (Asset,
etc)
Current/non-
current
2

CHART OF ACCOUNTS
Account
No.
Account Name Element (Asset,
etc)
Current/non-
current
3

GENERAL JOURNAL
Date Description Post Ref Debit Credit
Date Description Post Ref Debit Credit
2 11 telephone expense 214492 236.5
bank 236.5
Being payment of
telephone bill
7 11 Bank 3187
Melbourne high 3187
8 11 Bad debt expense 900
Accounts receivable 900
Being bad debts written off
8 11 Bank 495
Store equipment 495
Being sale proceeds of
store equipment
8 11 Bank 495
Austin’s Auctions 495
Being payment made by
Austin Auction
15 11 Bank 440
Advertisement expense
(Southern gazette
440
Being payment for
advertisement
15 11 Bank 1755.6
Accounts payable(Herrin
wholesalers)
1755.6
Being payment for goods
4

16 11 Bank 5160.5
Yarra City council 5160.5
19 11 Bank 4258.10
Melbourne high school 4258.10
Being payment of items
5

GENERAL JOURNAL
Date Description Post Ref Debit Credit
22 11 Bank 002226 194.15
Electricity expense(Dandenong
power)
194.15
being payment of electricity
22 11 Bank 002227 9222.29
Willow equipment 9222.29
Being payment of equipment
26 11 Bank 5000
Albert park sports club(accounts
receivable)
5000
Being received payment for
equipment
27 11 Bank 002229 3175
Slogger pty ltd 3175
Being payment of services
28 11 Bank 220
Quick cleaners 220
Being payment of cleaning services
30 11 wages 400
Accounts payable 400
30 11 Prepaid insurance 3262
Bank account 3262
Being payment of prepaid insurance
30 11 Prepaid taxes and rates 3850
Bank account 3850
Being payment of prepaid taxes
6

30 11 Superannuation 144
7

GENERAL JOURNAL
Date Description Post Ref Debit Credit
Accounts payable 144
30 11 Depreciation 2267
Accumulated depreciation 2267
Depreciation for the month
30 11 Interest charge 3843.75
Bank 3843.75
Being payment interest charged
8

SALES JOURNAL
9
Date Inv
No
Account Terms Sales GST
Collected
Accounts
Receivable
Cost of Sales Dr
Inventory Cr
2 5202 Cash Cash 220 22 0
5 5203 Albert park primary
school
Cheque 2180 220 2420
8 5204 Dockland sporting club Cheque 900 90 0
12 5205 Melbourne high school Cheque 3900 395 4345
14 5206 Albert park sports club Cheque 6100 615 6765
17 5207 Cash Cash 870 87 0
23 5208 Albert park sports club Cheque 11375 1145 12600
24 5209 Cash Cash 1145 114 0
26 5210 Cash Cash 310 31 0
27 5211 Yarra city council Cheque 1780 178 1958
30 5212 Albert park primary
school
Cheque 2400 242 2662
28635

PURCHASES JOURNAL
Date Inv.
No
Account Terms Inventory
amount
GST (Paid)
(Outlays)
Freight
Paid
Accounts
Payable
1 214492 Telstra Cheque 236.5 236.5 236.5
5 11981 Herrin wholesalers Cheque 1680 168 1680
13 35972 Allsports Cheque 475 47.5 475
14 7396 Willow equipment Cheque 9410.5 855.5 9410.5
15 798 Southern Gazette Cheque 440 440
21 9496 Slogger pty ltd Cheque 7200 720 7920
21 127982 Dandenong power Cheque 17.65 194.5
26 9502 Slogger pty ltd Cheque 25 2.5 27.5
29 12002 Herrin wholesalers Cheque 1880 188 2068
30 127982 Quick cleaners Cheque 200 20 220
10

21547 2255.65
11

CASH PAYMENTS JOURNAL
Date Account
Post
Ref
Chq
No
Debits Credits
Accounts
Payable
GST Paid
(Outlays) Other
Cash at
Bank
Discount
Received
GST Paid
(Outlays)
21 Dandedon
g power
194 17.65
30 Quickclea
ners
200 20
12