Hi-Fi Way: Purchases & Payables Journal Analysis (July 2018-Jan 2019)

The assignment is a purchases and payables journal for Hi-Fi Way, covering the period from July 1, 2018, to January 31, 2019. It includes various transactions categorized by date, account name, and account number. The journal details purchases from suppliers like Mega Tech, Big Telco, and Pony, with entries for accounts payable, inventory, and GST paid. Each transaction shows debit and credit amounts, culminating in a grand total for both debit and credit sides. The journal provides a comprehensive overview of Hi-Fi Way's financial transactions related to purchases and payables, offering insights into the company's financial activities during the specified period.

Hi-Fi Way (Anupam Phullel)
892 Forder Boulevard
Canberra, ACT, 2600
Australia
Purchases & Payables Journal
01-07-2018 To 31-01-2019
05-10-2019
3:27:19
Page 1
ID# Acct# Account Name Debit Credit Job No.
PJ 06-12-2018 Pre-conversion purchase
00000323 2-1200 Accounts Payable ?8,740.00
00000323 2-1200 Accounts Payable ?874.00
00000323 2-1200 Accounts Payable ?9,614.00
PJ 19-12-2018 Pre-conversion purchase
00000324 2-1200 Accounts Payable ?8,000.00
00000324 2-1200 Accounts Payable ?800.00
00000324 2-1200 Accounts Payable ?8,800.00
PJ 25-12-2018 Pre-conversion purchase
00000325 2-1200 Accounts Payable ?16,100.00
00000325 2-1200 Accounts Payable ?1,610.00
00000325 2-1200 Accounts Payable ?17,710.00
PJ 04-01-2019 Purchase; Mega Tech
00000326 2-1200 Accounts Payable ?16,860.00
00000326 2-1200 Accounts Payable ?1,686.00
00000326 1-1300 Inventory ?7,560.00
00000326 1-1300 Inventory ?9,300.00
00000326 2-1330 GST Paid ?1,686.00
PJ 09-01-2019 Purchase; Big Telco
00000327 2-1200 Accounts Payable ?5,940.00
00000327 2-1200 Accounts Payable ?594.00
00000327 1-1300 Inventory ?5,940.00
00000327 2-1330 GST Paid ?594.00
PJ 16-01-2019 Purchase; Big Telco
00000328 2-1200 Accounts Payable ?7,630.00
00000328 2-1200 Accounts Payable ?763.00
00000328 1-1300 Inventory ?7,630.00
00000328 2-1330 GST Paid ?763.00
PJ 20-01-2019 Purchase; Pony
00000329 2-1200 Accounts Payable ?10,080.00
00000329 2-1200 Accounts Payable ?1,008.00
00000329 1-1300 Inventory ?10,080.00
00000329 2-1330 GST Paid ?1,008.00
PJ 24-01-2019 Purchase; Big Telco
00000330 2-1200 Accounts Payable ?2,970.00
00000330 2-1200 Accounts Payable ?297.00
00000330 1-1300 Inventory ?2,970.00
00000330 2-1330 GST Paid ?297.00
PJ 24-01-2019 Big Telco: Debit from 00000330
PJ000001 2-1200 Accounts Payable ?3,267.00
PJ000001 2-1200 Accounts Payable ?3,267.00
Grand Total: ?87,219.00 ?87,219.00