Tech Head: Sales & Receivables Journal, January 1-31, 2019

This assignment presents a Sales & Receivables Journal for Tech Head, covering the period of January 1st to January 31st, 2019. The journal details various sales transactions, including the dates, account names, and corresponding debit and credit entries. It includes transactions with customers like HYPERTONICS, JERRY TECHNOLOGY, and PIKEA. The journal meticulously tracks accounts receivable, sales revenue, GST collected, cost of sales, and inventory movements. Each transaction is broken down with specific account numbers and amounts, providing a clear overview of the financial activity. The grand totals for both debit and credit columns are provided at the end, ensuring the balance of the journal. This document serves as a practical example of how sales and receivables are recorded and managed within a business.

Tech Head (Neha Neha)
824 ROSE AVENUE BRISBANE, QLD,4000 AUSTRALIA
Sales & Receivables Journal
1/1/2019 To 1/31/2019
8/6/2019
3:34:15 PM
Page 1
ID# Acct# Account Name Debit Credit Job No.
SJ 1/5/2019 Sale; HYPERTONICS
00003485 1-1200 ACCOUNTS RECEIVABLE $11,900.00
00003485 1-1200 ACCOUNTS RECEIVABLE $1,190.00
00003485 4-1100 SALES REVENUE $11,900.00
00003485 2-1310 GST Collected $1,190.00
00003485 5-1100 COST OF SALES $7,430.00
00003485 1-1300 Inventory $2,430.00
00003485 1-1300 Inventory $5,000.00
SJ 1/10/2019 Sale; HYPERTONICS
00003486 1-1200 ACCOUNTS RECEIVABLE $27,000.00
00003486 1-1200 ACCOUNTS RECEIVABLE $2,700.00
00003486 4-1100 SALES REVENUE $27,000.00
00003486 2-1310 GST Collected $2,700.00
00003486 5-1100 COST OF SALES $16,840.00
00003486 1-1300 Inventory $2,430.00
00003486 1-1300 Inventory $14,410.00
SJ 1/20/2019 Sale; JERRY TECHNOLOGY
00003488 1-1200 ACCOUNTS RECEIVABLE $18,500.00
00003488 1-1200 ACCOUNTS RECEIVABLE $1,850.00
00003488 4-1100 SALES REVENUE $18,500.00
00003488 2-1310 GST Collected $1,850.00
00003488 5-1100 COST OF SALES $11,550.00
00003488 1-1300 Inventory $6,550.00
00003488 1-1300 Inventory $5,000.00
SJ 1/23/2019 Sale; PIKEA
00003487 1-1200 ACCOUNTS RECEIVABLE $22,700.00
00003487 1-1200 ACCOUNTS RECEIVABLE $2,270.00
00003487 4-1100 SALES REVENUE $22,700.00
00003487 2-1310 GST Collected $2,270.00
00003487 5-1100 COST OF SALES $14,170.00
00003487 1-1300 Inventory $8,910.00
00003487 1-1300 Inventory $2,260.00
00003487 1-1300 Inventory $3,000.00
SJ 1/24/2019 Sale; JERRY TECHNOLOGY
00003488 1-1200 ACCOUNTS RECEIVABLE $8,400.00
00003488 1-1200 ACCOUNTS RECEIVABLE $840.00
00003488 4-1100 SALES REVENUE $8,400.00
00003488 2-1310 GST Collected $840.00
00003488 5-1100 COST OF SALES $5,240.00
00003488 1-1300 Inventory $5,240.00
Grand Total: $152,580.00 $152,580.00