FNSACC416 Computerised Accounting Project: ABC Ltd Ledger Summary

This document provides a detailed general ledger summary for ABC Ltd, created as part of an FNSACC40217 Certificate IV in Accounting & Bookkeeping project for the Computerised Accounting System course (FNSACC416) in Term 3 2018. The ledger includes various accounts such as Cheque Account, Accounts Receivable, Inventory, Prepaid Insurance, Office Supplies, Store Supplies, Furniture & Fixture, Office Equipment, Accumulated Depreciation, Accounts Payable, GST Collected/Paid, Payroll Accruals, Customer Deposits, and various income and expense accounts related to disposable ware sales, dividends, bank charges, depreciation, freight, security monitoring, advertising, cleaning, postage, insurance, rent, water, electricity, wages, and employer expenses. The summary presents the beginning balance, total debits, total credits, net activity, and ending balance for each account, offering a comprehensive overview of ABC Ltd's financial transactions during the period from 01-07-2018 to 31-07-2018. Desklib provides this document as a learning aid, offering students access to solved assignments and past papers.

ABC Ltd. (Abtullah 201736848)
23, Richmond Street,
Sydney
General Ledger [Summary]
01-07-2018 To 31-07-2018
23-03-2019
0:19:23
Page 1
Acct# Account Name Beginning Balance Total Debit Total Credit Net Activity Ending Balance
1-1100 Cheque Account $80,000.00 $20,662.65 $19,433.26 $1,229.39 $81,229.39
1-1200 Accounts Receiva $0.00 $20,403.98 $20,535.98 $132.00cr $132.00cr
1-1300 Inventory - Dispos $0.00 $12,510.91 $9,419.85 $3,091.06 $3,091.06
1-1400 Prepaid Insurance $0.00 $1,666.67 $0.00 $1,666.67 $1,666.67
1-1500 Office Supplies $0.00 $460.00 $212.00 $248.00 $248.00
1-1600 Store Supplies $0.00 $715.00 $308.00 $407.00 $407.00
1-2420 Furniture & Fixture $0.00 $0.00 $135.89 $135.89cr $135.89cr
1-2520 Office Equip Accu $0.00 $0.00 $356.71 $356.71cr $356.71cr
1-2610 Store Equip at Co $6,200.00 $700.00 $0.00 $700.00 $6,900.00
1-2620 Store Equip Accu $0.00 $0.00 $227.49 $227.49cr $227.49cr
2-1200 Accounts Payable $0.00 $9,047.50 $15,944.50 $6,897.00cr $6,897.00cr
2-1310 GST Collected $0.00 $0.00 $1,854.90 $1,854.90cr $1,854.90cr
2-1330 GST Paid $0.00 $2,279.90 $63.14 $2,216.76 $2,216.76
2-1410 Payroll Accruals P $0.00 $0.00 $283.88 $283.88cr $283.88cr
2-1600 Customer Deposit $0.00 $132.00 $132.00 $0.00 $0.00
4-1000 Disposable Ware $0.00 $0.00 $18,549.08 $18,549.08cr $18,549.08cr
4-8000 Dividend Income $0.00 $0.00 $126.67 $126.67cr $126.67cr
5-1000 Disposable Ware $0.00 $9,419.85 $0.00 $9,419.85 $9,419.85
6-1200 Bank Charges $0.00 $40.60 $0.00 $40.60 $40.60
6-1300 Depreciation $0.00 $720.09 $0.00 $720.09 $720.09
6-1500 Office Supplies $0.00 $212.00 $0.00 $212.00 $212.00
6-1600 Discount Taken $0.00 $0.00 $631.36 $631.36cr $631.36cr
6-1700 Freight Paid $0.00 $513.64 $0.00 $513.64 $513.64
6-1800 Security Monitorin $0.00 $90.00 $0.00 $90.00 $90.00
6-3100 Advertising $0.00 $500.00 $0.00 $500.00 $500.00
6-3110 In-Store Promotio $0.00 $1,452.73 $0.00 $1,452.73 $1,452.73
6-4100 Cleaning $0.00 $600.00 $0.00 $600.00 $600.00
6-4200 Postage $0.00 $68.18 $0.00 $68.18 $68.18
6-4350 Insurance $0.00 $2,500.00 $1,666.67 $833.33 $833.33
6-4400 Rent $0.00 $2,970.00 $0.00 $2,970.00 $2,970.00
6-4500 Store Supplies $0.00 $308.00 $0.00 $308.00 $308.00
6-4700 Water $0.00 $110.00 $0.00 $110.00 $110.00
6-4800 Electricity $0.00 $323.64 $0.00 $323.64 $323.64
6-5130 Wages & Salaries $0.00 $1,346.16 $0.00 $1,346.16 $1,346.16
6-5150 Other Employer E $0.00 $127.88 $0.00 $127.88 $127.88
Total: $89,881.38 $89,881.38