MYOB Accounting Software Case Study: Phil's Fitness
VerifiedAdded on 2022/12/22
|5
|1561
|80
Practical Assignment
AI Summary
This document presents a comprehensive session report for Phil's Fitness, a case study utilizing MYOB accounting software. The report details various financial transactions from January 18, 2019, to February 28, 2019, including pre-conversion sales and purchases, inventory counts, rent payments, loan payments, sales, purchases, discounts, payments, and depreciation. Transactions with customers and suppliers like Village Fair, Crown Logistics, Bikers Paradise, Rowers Land, and Treadmill World are meticulously recorded, including the application of GST and the handling of discounts. Sales to Offline Education Organisation, cash sales, and cash drawings by the proprietor are also included. The report covers a range of transactions, from stationary expenses and accounting fees to wages, fuel costs, and the purchase of office equipment. The document contains journal entries for depreciation, advertisement expenses, wages payable, and accrued energy bills, providing a complete overview of the company's financial activities within the specified timeframe.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.