Comprehensive Financial Analysis: Sweet Dreams Shop Session Report
VerifiedAdded on  2022/09/28
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Practical Assignment
AI Summary
This assignment presents a detailed session report for Sweet Dreams Shop, encompassing a wide array of financial transactions from July 1st to July 31st, 2015. The report meticulously outlines debits and credits, including capital contributions, bank loans, and various purchases from suppliers like Bites N Pieces, Sleepwear 'R' Us, and Every-Wear. It covers sales data, including cash sales and accounts receivable, detailing clothing and accessories transactions. Additionally, the report includes expenses such as wages for employees like Mia Cassidy and Veronica Lily, advertising costs, utilities, and other operational expenditures. The session report also reflects adjustments for depreciation, rates, and insurance, providing a comprehensive overview of the company's financial activities during the specified period, including GST paid and collected on transactions. This data provides a snapshot of the financial health of Sweet Dreams Shop and the effectiveness of its accounting practices, demonstrating a variety of transactions.
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Sweet Dreams
Shop 380 AFB
Canberra Centre
Canberra, ACT 2600
Session Report
07-10-2019
07-10-2019
22:08:55
Page 1
ID# Acct# Account Name Debit Credit Job No.
GJ 01-07-2015 Capital contribution
GJ000001 1-1110 Cheque Account ?100,000.00
GJ000001 1-2110 Store Fittings - at Cost ?12,250.00
GJ000001 1-2210 Store at Cost ?235,440.00
GJ000001 3-1100 Capital ?227,690.00
GJ000001 2-2100 Bank Loans ?120,000.00
CD 01-07-2015 JB Marketing
1 1-1110 Cheque Account ?880.00
1 6-3110 In-store Promotions ?800.00
1 2-1330 GST Paid ?80.00
CD 01-07-2015 HB Materials
2 1-1110 Cheque Account ?1,332.00
2 6-4700 Maintenance Supplies ?650.00
2 6-4800 Store Supplies ?460.00
2 6-1500 Office Supplies ?100.91
2 2-1330 GST Paid ?121.09
PJ 01-07-2015 Purchase; Bites N Pieces
00000001 2-1200 Accounts Payable - Trade ?1,875.00
00000001 2-1200 Accounts Payable - Trade ?187.50
00000001 1-1320 Accessories ?1,575.00
00000001 1-1320 Accessories ?300.00
00000001 2-1330 GST Paid ?187.50
PJ 01-07-2015 Purchase; Sleepwear 'R' Us
00000002 2-1200 Accounts Payable - Trade ?6,500.00
00000002 2-1200 Accounts Payable - Trade ?650.00
00000002 1-1310 Clothing ?4,500.00
00000002 1-1310 Clothing ?2,000.00
00000002 2-1330 GST Paid ?650.00
PJ 01-07-2015 Purchase; Maz's Supplies
00000003 2-1200 Accounts Payable - Trade ?2,000.00
00000003 2-1200 Accounts Payable - Trade ?200.00
00000003 1-1310 Clothing ?2,000.00
00000003 2-1330 GST Paid ?200.00
PJ 01-07-2015 Purchase; Every-Wear
00000004 2-1200 Accounts Payable - Trade ?1,600.00
00000004 2-1200 Accounts Payable - Trade ?160.00
00000004 1-1310 Clothing ?1,600.00
00000004 2-1330 GST Paid ?160.00
PJ 01-07-2015 Purchase; Uniforms Pty Ltd
PJ000001 2-1200 Accounts Payable - Trade ?320.00
PJ000001 2-1200 Accounts Payable - Trade ?32.00
PJ000001 6-5300 Uniforms and Laundry ?320.00
PJ000001 2-1330 GST Paid ?32.00
CD 03-07-2015 Liverpool Council
3 1-1110 Cheque Account ?2,970.00
3 1-1410 Prepayments ?2,700.00
3 2-1330 GST Paid ?270.00
CD 03-07-2015 MJL Insurance
4 1-1110 Cheque Account ?2,420.00
4 1-1410 Prepayments ?2,200.00
4 2-1330 GST Paid ?220.00
Shop 380 AFB
Canberra Centre
Canberra, ACT 2600
Session Report
07-10-2019
07-10-2019
22:08:55
Page 1
ID# Acct# Account Name Debit Credit Job No.
GJ 01-07-2015 Capital contribution
GJ000001 1-1110 Cheque Account ?100,000.00
GJ000001 1-2110 Store Fittings - at Cost ?12,250.00
GJ000001 1-2210 Store at Cost ?235,440.00
GJ000001 3-1100 Capital ?227,690.00
GJ000001 2-2100 Bank Loans ?120,000.00
CD 01-07-2015 JB Marketing
1 1-1110 Cheque Account ?880.00
1 6-3110 In-store Promotions ?800.00
1 2-1330 GST Paid ?80.00
CD 01-07-2015 HB Materials
2 1-1110 Cheque Account ?1,332.00
2 6-4700 Maintenance Supplies ?650.00
2 6-4800 Store Supplies ?460.00
2 6-1500 Office Supplies ?100.91
2 2-1330 GST Paid ?121.09
PJ 01-07-2015 Purchase; Bites N Pieces
00000001 2-1200 Accounts Payable - Trade ?1,875.00
00000001 2-1200 Accounts Payable - Trade ?187.50
00000001 1-1320 Accessories ?1,575.00
00000001 1-1320 Accessories ?300.00
00000001 2-1330 GST Paid ?187.50
PJ 01-07-2015 Purchase; Sleepwear 'R' Us
00000002 2-1200 Accounts Payable - Trade ?6,500.00
00000002 2-1200 Accounts Payable - Trade ?650.00
00000002 1-1310 Clothing ?4,500.00
00000002 1-1310 Clothing ?2,000.00
00000002 2-1330 GST Paid ?650.00
PJ 01-07-2015 Purchase; Maz's Supplies
00000003 2-1200 Accounts Payable - Trade ?2,000.00
00000003 2-1200 Accounts Payable - Trade ?200.00
00000003 1-1310 Clothing ?2,000.00
00000003 2-1330 GST Paid ?200.00
PJ 01-07-2015 Purchase; Every-Wear
00000004 2-1200 Accounts Payable - Trade ?1,600.00
00000004 2-1200 Accounts Payable - Trade ?160.00
00000004 1-1310 Clothing ?1,600.00
00000004 2-1330 GST Paid ?160.00
PJ 01-07-2015 Purchase; Uniforms Pty Ltd
PJ000001 2-1200 Accounts Payable - Trade ?320.00
PJ000001 2-1200 Accounts Payable - Trade ?32.00
PJ000001 6-5300 Uniforms and Laundry ?320.00
PJ000001 2-1330 GST Paid ?32.00
CD 03-07-2015 Liverpool Council
3 1-1110 Cheque Account ?2,970.00
3 1-1410 Prepayments ?2,700.00
3 2-1330 GST Paid ?270.00
CD 03-07-2015 MJL Insurance
4 1-1110 Cheque Account ?2,420.00
4 1-1410 Prepayments ?2,200.00
4 2-1330 GST Paid ?220.00
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Sweet Dreams
Session Report
07-10-2019
07-10-2019
22:08:56
Page 2
ID# Acct# Account Name Debit Credit Job No.
CD 03-07-2015 MJL Insurance
CD 03-07-2015 Habit Newsagency
5 1-1110 Cheque Account ?132.00
5 6-3100 Advertising ?120.00
5 2-1330 GST Paid ?12.00
SJ 04-07-2015 Sale; Cash Sales
00000001 1-1200 Accounts Receivables ?2,536.00
00000001 1-1200 Accounts Receivables ?253.60
00000001 4-1100 Clothing ?2,028.00
00000001 4-1200 Accessories ?508.00
00000001 2-1310 GST Collected ?253.60
00000001 5-1100 Clothing - Purchase ?1,382.00
00000001 1-1310 Clothing ?720.00
00000001 1-1310 Clothing ?260.00
00000001 1-1310 Clothing ?192.00
00000001 1-1310 Clothing ?210.00
00000001 5-1200 Accessory - Purchase ?365.00
00000001 1-1320 Accessories ?306.00
00000001 1-1320 Accessories ?59.00
CR 04-07-2015 Cash Sales for 00000001
CR000001 1-1110 Cheque Account ?2,789.60
CR000001 1-1200 Accounts Receivables ?2,789.60
CD 04-07-2015 Mia Cassidy
6 1-1110 Cheque Account ?692.69
6 6-5130 Wages & Salaries ?807.69
6 2-1410 Payroll Accruals Payable ?115.00
CD 04-07-2015 Veronica Lily
7 1-1110 Cheque Account ?307.69
7 6-5130 Wages & Salaries ?307.69
CD 04-07-2015 Lyn Mars
8 1-1110 Cheque Account ?568.62
8 6-5130 Wages & Salaries ?634.62
8 2-1410 Payroll Accruals Payable ?66.00
CD 04-07-2015 Jayce Simon
9 1-1110 Cheque Account ?307.69
9 6-5130 Wages & Salaries ?307.69
SJ 06-07-2015 Sale; Cash Sales
00000002 1-1200 Accounts Receivables ?4,833.00
00000002 1-1200 Accounts Receivables ?483.30
00000002 4-1100 Clothing ?3,873.00
00000002 4-1200 Accessories ?960.00
00000002 2-1310 GST Collected ?483.30
00000002 5-1100 Clothing - Purchase ?2,094.00
00000002 1-1310 Clothing ?1,155.00
00000002 1-1310 Clothing ?245.00
00000002 1-1310 Clothing ?304.00
00000002 1-1310 Clothing ?390.00
00000002 5-1200 Accessory - Purchase ?633.00
00000002 1-1320 Accessories ?567.00
00000002 1-1320 Accessories ?66.00
CR 06-07-2015 Cash Sales for 00000002
CR000002 1-1110 Cheque Account ?5,316.30
CR000002 1-1200 Accounts Receivables ?5,316.30
CD 07-07-2015 Laundry
Session Report
07-10-2019
07-10-2019
22:08:56
Page 2
ID# Acct# Account Name Debit Credit Job No.
CD 03-07-2015 MJL Insurance
CD 03-07-2015 Habit Newsagency
5 1-1110 Cheque Account ?132.00
5 6-3100 Advertising ?120.00
5 2-1330 GST Paid ?12.00
SJ 04-07-2015 Sale; Cash Sales
00000001 1-1200 Accounts Receivables ?2,536.00
00000001 1-1200 Accounts Receivables ?253.60
00000001 4-1100 Clothing ?2,028.00
00000001 4-1200 Accessories ?508.00
00000001 2-1310 GST Collected ?253.60
00000001 5-1100 Clothing - Purchase ?1,382.00
00000001 1-1310 Clothing ?720.00
00000001 1-1310 Clothing ?260.00
00000001 1-1310 Clothing ?192.00
00000001 1-1310 Clothing ?210.00
00000001 5-1200 Accessory - Purchase ?365.00
00000001 1-1320 Accessories ?306.00
00000001 1-1320 Accessories ?59.00
CR 04-07-2015 Cash Sales for 00000001
CR000001 1-1110 Cheque Account ?2,789.60
CR000001 1-1200 Accounts Receivables ?2,789.60
CD 04-07-2015 Mia Cassidy
6 1-1110 Cheque Account ?692.69
6 6-5130 Wages & Salaries ?807.69
6 2-1410 Payroll Accruals Payable ?115.00
CD 04-07-2015 Veronica Lily
7 1-1110 Cheque Account ?307.69
7 6-5130 Wages & Salaries ?307.69
CD 04-07-2015 Lyn Mars
8 1-1110 Cheque Account ?568.62
8 6-5130 Wages & Salaries ?634.62
8 2-1410 Payroll Accruals Payable ?66.00
CD 04-07-2015 Jayce Simon
9 1-1110 Cheque Account ?307.69
9 6-5130 Wages & Salaries ?307.69
SJ 06-07-2015 Sale; Cash Sales
00000002 1-1200 Accounts Receivables ?4,833.00
00000002 1-1200 Accounts Receivables ?483.30
00000002 4-1100 Clothing ?3,873.00
00000002 4-1200 Accessories ?960.00
00000002 2-1310 GST Collected ?483.30
00000002 5-1100 Clothing - Purchase ?2,094.00
00000002 1-1310 Clothing ?1,155.00
00000002 1-1310 Clothing ?245.00
00000002 1-1310 Clothing ?304.00
00000002 1-1310 Clothing ?390.00
00000002 5-1200 Accessory - Purchase ?633.00
00000002 1-1320 Accessories ?567.00
00000002 1-1320 Accessories ?66.00
CR 06-07-2015 Cash Sales for 00000002
CR000002 1-1110 Cheque Account ?5,316.30
CR000002 1-1200 Accounts Receivables ?5,316.30
CD 07-07-2015 Laundry
Sweet Dreams
Session Report
07-10-2019
07-10-2019
22:08:56
Page 3
ID# Acct# Account Name Debit Credit Job No.
CD 07-07-2015 Laundry
10 1-1110 Cheque Account ?120.00
10 6-5300 Uniforms and Laundry ?109.09
10 2-1330 GST Paid ?10.91
SJ 09-07-2015 Sale; Cash Sales
00000003 1-1200 Accounts Receivables ?1,841.00
00000003 1-1200 Accounts Receivables ?184.10
00000003 4-1100 Clothing ?1,531.00
00000003 4-1200 Accessories ?310.00
00000003 2-1310 GST Collected ?184.10
00000003 5-1100 Clothing - Purchase ?837.00
00000003 1-1310 Clothing ?375.00
00000003 1-1310 Clothing ?170.00
00000003 1-1310 Clothing ?152.00
00000003 1-1310 Clothing ?140.00
00000003 5-1200 Accessory - Purchase ?223.00
00000003 1-1320 Accessories ?207.00
00000003 1-1320 Accessories ?16.00
CR 09-07-2015 Cash Sales for 00000003
CR000003 1-1110 Cheque Account ?2,025.10
CR000003 1-1200 Accounts Receivables ?2,025.10
PJ 09-07-2015 Purchase; Sleepwear 'R' Us
00000005 2-1200 Accounts Payable - Trade ?7,840.91
00000005 2-1200 Accounts Payable - Trade ?784.09
00000005 1-1310 Clothing ?5,681.82
00000005 1-1310 Clothing ?2,159.09
00000005 2-1330 GST Paid ?784.09
CD 11-07-2015 Mia Cassidy
11 1-1110 Cheque Account ?692.69
11 6-5130 Wages & Salaries ?807.69
11 2-1410 Payroll Accruals Payable ?115.00
CD 11-07-2015 Veronica Lily
12 1-1110 Cheque Account ?307.69
12 6-5130 Wages & Salaries ?307.69
CD 11-07-2015 Lyn Mars
13 1-1110 Cheque Account ?568.62
13 6-5130 Wages & Salaries ?634.62
13 2-1410 Payroll Accruals Payable ?66.00
CD 11-07-2015 Jayce Simon
14 1-1110 Cheque Account ?307.69
14 6-5130 Wages & Salaries ?307.69
CD 11-07-2015 Bites N Pieces
18 1-1110 Cheque Account ?1,856.25
18 2-1200 Accounts Payable - Trade ?1,856.25
PJ 11-07-2015 Bites N Pieces: Debit from 00000007
PJ000002 2-1200 Accounts Payable - Trade ?206.25
PJ000002 2-1200 Accounts Payable - Trade ?206.25
SJ 14-07-2015 Sale; Cash Sales
00000004 1-1200 Accounts Receivables ?7,072.00
00000004 1-1200 Accounts Receivables ?707.20
00000004 4-1100 Clothing ?6,452.00
00000004 4-1200 Accessories ?620.00
00000004 2-1310 GST Collected ?707.20
00000004 5-1100 Clothing - Purchase ?3,092.65
Session Report
07-10-2019
07-10-2019
22:08:56
Page 3
ID# Acct# Account Name Debit Credit Job No.
CD 07-07-2015 Laundry
10 1-1110 Cheque Account ?120.00
10 6-5300 Uniforms and Laundry ?109.09
10 2-1330 GST Paid ?10.91
SJ 09-07-2015 Sale; Cash Sales
00000003 1-1200 Accounts Receivables ?1,841.00
00000003 1-1200 Accounts Receivables ?184.10
00000003 4-1100 Clothing ?1,531.00
00000003 4-1200 Accessories ?310.00
00000003 2-1310 GST Collected ?184.10
00000003 5-1100 Clothing - Purchase ?837.00
00000003 1-1310 Clothing ?375.00
00000003 1-1310 Clothing ?170.00
00000003 1-1310 Clothing ?152.00
00000003 1-1310 Clothing ?140.00
00000003 5-1200 Accessory - Purchase ?223.00
00000003 1-1320 Accessories ?207.00
00000003 1-1320 Accessories ?16.00
CR 09-07-2015 Cash Sales for 00000003
CR000003 1-1110 Cheque Account ?2,025.10
CR000003 1-1200 Accounts Receivables ?2,025.10
PJ 09-07-2015 Purchase; Sleepwear 'R' Us
00000005 2-1200 Accounts Payable - Trade ?7,840.91
00000005 2-1200 Accounts Payable - Trade ?784.09
00000005 1-1310 Clothing ?5,681.82
00000005 1-1310 Clothing ?2,159.09
00000005 2-1330 GST Paid ?784.09
CD 11-07-2015 Mia Cassidy
11 1-1110 Cheque Account ?692.69
11 6-5130 Wages & Salaries ?807.69
11 2-1410 Payroll Accruals Payable ?115.00
CD 11-07-2015 Veronica Lily
12 1-1110 Cheque Account ?307.69
12 6-5130 Wages & Salaries ?307.69
CD 11-07-2015 Lyn Mars
13 1-1110 Cheque Account ?568.62
13 6-5130 Wages & Salaries ?634.62
13 2-1410 Payroll Accruals Payable ?66.00
CD 11-07-2015 Jayce Simon
14 1-1110 Cheque Account ?307.69
14 6-5130 Wages & Salaries ?307.69
CD 11-07-2015 Bites N Pieces
18 1-1110 Cheque Account ?1,856.25
18 2-1200 Accounts Payable - Trade ?1,856.25
PJ 11-07-2015 Bites N Pieces: Debit from 00000007
PJ000002 2-1200 Accounts Payable - Trade ?206.25
PJ000002 2-1200 Accounts Payable - Trade ?206.25
SJ 14-07-2015 Sale; Cash Sales
00000004 1-1200 Accounts Receivables ?7,072.00
00000004 1-1200 Accounts Receivables ?707.20
00000004 4-1100 Clothing ?6,452.00
00000004 4-1200 Accessories ?620.00
00000004 2-1310 GST Collected ?707.20
00000004 5-1100 Clothing - Purchase ?3,092.65
Sweet Dreams
Session Report
07-10-2019
07-10-2019
22:08:57
Page 4
ID# Acct# Account Name Debit Credit Job No.
SJ 14-07-2015 Sale; Cash Sales
00000004 1-1310 Clothing ?1,500.94
00000004 1-1310 Clothing ?687.71
00000004 1-1310 Clothing ?384.00
00000004 1-1310 Clothing ?520.00
00000004 5-1200 Accessory - Purchase ?215.00
00000004 1-1320 Accessories ?117.00
00000004 1-1320 Accessories ?98.00
CR 14-07-2015 Cash Sales for 00000004
CR000004 1-1110 Cheque Account ?7,779.20
CR000004 1-1200 Accounts Receivables ?7,779.20
CD 14-07-2015 Laundry
19 1-1110 Cheque Account ?120.00
19 6-5300 Uniforms and Laundry ?109.09
19 2-1330 GST Paid ?10.91
CD 14-07-2015 News Paper
20 1-1110 Cheque Account ?330.00
20 6-3100 Advertising ?300.00
20 2-1330 GST Paid ?30.00
PJ 15-07-2015 Purchase; Bites N Pieces
00000008 2-1200 Accounts Payable - Trade ?2,886.36
00000008 2-1200 Accounts Payable - Trade ?288.64
00000008 1-1320 Accessories ?2,386.36
00000008 1-1320 Accessories ?500.00
00000008 2-1330 GST Paid ?288.64
PJ 15-07-2015 Purchase; Every-Wear
00000009 2-1200 Accounts Payable - Trade ?1,636.36
00000009 2-1200 Accounts Payable - Trade ?163.64
00000009 1-1310 Clothing ?1,636.36
00000009 2-1330 GST Paid ?163.64
CD 16-07-2015 Store Promotion
21 1-1110 Cheque Account ?215.00
21 6-3110 In-store Promotions ?195.45
21 2-1330 GST Paid ?19.55
PJ 16-07-2015 Purchase; Maz's Supplies
00000010 2-1200 Accounts Payable - Trade ?2,272.73
00000010 2-1200 Accounts Payable - Trade ?227.27
00000010 1-1310 Clothing ?2,272.73
00000010 2-1330 GST Paid ?227.27
CD 17-07-2015 Ribbons and Cream Pty Ltd
22 1-1110 Cheque Account ?126.00
22 6-4800 Store Supplies ?114.55
22 2-1330 GST Paid ?11.45
CD 18-07-2015 Advertising Agency
23 1-1110 Cheque Account ?330.00
23 6-3100 Advertising ?300.00
23 2-1330 GST Paid ?30.00
CD 18-07-2015 Mia Cassidy
24 1-1110 Cheque Account ?692.69
24 6-5130 Wages & Salaries ?807.69
24 2-1410 Payroll Accruals Payable ?115.00
CD 18-07-2015 Veronica Lily
25 1-1110 Cheque Account ?307.69
Session Report
07-10-2019
07-10-2019
22:08:57
Page 4
ID# Acct# Account Name Debit Credit Job No.
SJ 14-07-2015 Sale; Cash Sales
00000004 1-1310 Clothing ?1,500.94
00000004 1-1310 Clothing ?687.71
00000004 1-1310 Clothing ?384.00
00000004 1-1310 Clothing ?520.00
00000004 5-1200 Accessory - Purchase ?215.00
00000004 1-1320 Accessories ?117.00
00000004 1-1320 Accessories ?98.00
CR 14-07-2015 Cash Sales for 00000004
CR000004 1-1110 Cheque Account ?7,779.20
CR000004 1-1200 Accounts Receivables ?7,779.20
CD 14-07-2015 Laundry
19 1-1110 Cheque Account ?120.00
19 6-5300 Uniforms and Laundry ?109.09
19 2-1330 GST Paid ?10.91
CD 14-07-2015 News Paper
20 1-1110 Cheque Account ?330.00
20 6-3100 Advertising ?300.00
20 2-1330 GST Paid ?30.00
PJ 15-07-2015 Purchase; Bites N Pieces
00000008 2-1200 Accounts Payable - Trade ?2,886.36
00000008 2-1200 Accounts Payable - Trade ?288.64
00000008 1-1320 Accessories ?2,386.36
00000008 1-1320 Accessories ?500.00
00000008 2-1330 GST Paid ?288.64
PJ 15-07-2015 Purchase; Every-Wear
00000009 2-1200 Accounts Payable - Trade ?1,636.36
00000009 2-1200 Accounts Payable - Trade ?163.64
00000009 1-1310 Clothing ?1,636.36
00000009 2-1330 GST Paid ?163.64
CD 16-07-2015 Store Promotion
21 1-1110 Cheque Account ?215.00
21 6-3110 In-store Promotions ?195.45
21 2-1330 GST Paid ?19.55
PJ 16-07-2015 Purchase; Maz's Supplies
00000010 2-1200 Accounts Payable - Trade ?2,272.73
00000010 2-1200 Accounts Payable - Trade ?227.27
00000010 1-1310 Clothing ?2,272.73
00000010 2-1330 GST Paid ?227.27
CD 17-07-2015 Ribbons and Cream Pty Ltd
22 1-1110 Cheque Account ?126.00
22 6-4800 Store Supplies ?114.55
22 2-1330 GST Paid ?11.45
CD 18-07-2015 Advertising Agency
23 1-1110 Cheque Account ?330.00
23 6-3100 Advertising ?300.00
23 2-1330 GST Paid ?30.00
CD 18-07-2015 Mia Cassidy
24 1-1110 Cheque Account ?692.69
24 6-5130 Wages & Salaries ?807.69
24 2-1410 Payroll Accruals Payable ?115.00
CD 18-07-2015 Veronica Lily
25 1-1110 Cheque Account ?307.69
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Sweet Dreams
Session Report
07-10-2019
07-10-2019
22:08:57
Page 5
ID# Acct# Account Name Debit Credit Job No.
CD 18-07-2015 Veronica Lily
25 6-5130 Wages & Salaries ?307.69
CD 18-07-2015 Lyn Mars
26 1-1110 Cheque Account ?568.62
26 6-5130 Wages & Salaries ?634.62
26 2-1410 Payroll Accruals Payable ?66.00
CD 18-07-2015 Jayce Simon
27 1-1110 Cheque Account ?307.69
27 6-5130 Wages & Salaries ?307.69
CD 21-07-2015 Laundry
28 1-1110 Cheque Account ?120.00
28 6-5300 Uniforms and Laundry ?109.09
28 2-1330 GST Paid ?10.91
SJ 21-07-2015 Sale; Cash Sales
00000005 1-1200 Accounts Receivables ?10,712.00
00000005 1-1200 Accounts Receivables ?1,071.20
00000005 4-1100 Clothing ?9,092.00
00000005 4-1200 Accessories ?1,620.00
00000005 2-1310 GST Collected ?1,071.20
00000005 5-1100 Clothing - Purchase ?4,321.76
00000005 1-1310 Clothing ?2,294.13
00000005 1-1310 Clothing ?915.43
00000005 1-1310 Clothing ?544.99
00000005 1-1310 Clothing ?567.21
00000005 5-1200 Accessory - Purchase ?943.76
00000005 1-1320 Accessories ?785.76
00000005 1-1320 Accessories ?158.00
CR 21-07-2015 Cash Sales for 00000005
CR000005 1-1110 Cheque Account ?11,783.20
CR000005 1-1200 Accounts Receivables ?11,783.20
PJ 21-07-2015 Bites N Pieces: Discounts on 00000001
00000007 2-1200 Accounts Payable - Trade ?187.50
00000007 2-1200 Accounts Payable - Trade ?18.75
00000007 6-1600 Discounts Taken ?187.50
00000007 2-1330 GST Paid ?18.75
CD 25-07-2015 Bites N Pieces
30 1-1110 Cheque Account ?2,857.50
30 2-1200 Accounts Payable - Trade ?2,857.50
PJ 25-07-2015 Bites N Pieces: Discounts on 00000008
00000012 2-1200 Accounts Payable - Trade ?288.64
00000012 2-1200 Accounts Payable - Trade ?28.86
00000012 6-1600 Discounts Taken ?288.64
00000012 2-1330 GST Paid ?28.86
PJ 25-07-2015 Bites N Pieces: Debit from 00000012
PJ000004 2-1200 Accounts Payable - Trade ?317.50
PJ000004 2-1200 Accounts Payable - Trade ?317.50
PJ 25-07-2015 Every-Wear: Discounts on 00000009
00000013 2-1200 Accounts Payable - Trade ?163.64
00000013 2-1200 Accounts Payable - Trade ?16.36
00000013 6-1600 Discounts Taken ?163.64
00000013 2-1330 GST Paid ?16.36
PJ 25-07-2015 Every-Wear: Debit from 00000013
PJ000005 2-1200 Accounts Payable - Trade ?180.00
Session Report
07-10-2019
07-10-2019
22:08:57
Page 5
ID# Acct# Account Name Debit Credit Job No.
CD 18-07-2015 Veronica Lily
25 6-5130 Wages & Salaries ?307.69
CD 18-07-2015 Lyn Mars
26 1-1110 Cheque Account ?568.62
26 6-5130 Wages & Salaries ?634.62
26 2-1410 Payroll Accruals Payable ?66.00
CD 18-07-2015 Jayce Simon
27 1-1110 Cheque Account ?307.69
27 6-5130 Wages & Salaries ?307.69
CD 21-07-2015 Laundry
28 1-1110 Cheque Account ?120.00
28 6-5300 Uniforms and Laundry ?109.09
28 2-1330 GST Paid ?10.91
SJ 21-07-2015 Sale; Cash Sales
00000005 1-1200 Accounts Receivables ?10,712.00
00000005 1-1200 Accounts Receivables ?1,071.20
00000005 4-1100 Clothing ?9,092.00
00000005 4-1200 Accessories ?1,620.00
00000005 2-1310 GST Collected ?1,071.20
00000005 5-1100 Clothing - Purchase ?4,321.76
00000005 1-1310 Clothing ?2,294.13
00000005 1-1310 Clothing ?915.43
00000005 1-1310 Clothing ?544.99
00000005 1-1310 Clothing ?567.21
00000005 5-1200 Accessory - Purchase ?943.76
00000005 1-1320 Accessories ?785.76
00000005 1-1320 Accessories ?158.00
CR 21-07-2015 Cash Sales for 00000005
CR000005 1-1110 Cheque Account ?11,783.20
CR000005 1-1200 Accounts Receivables ?11,783.20
PJ 21-07-2015 Bites N Pieces: Discounts on 00000001
00000007 2-1200 Accounts Payable - Trade ?187.50
00000007 2-1200 Accounts Payable - Trade ?18.75
00000007 6-1600 Discounts Taken ?187.50
00000007 2-1330 GST Paid ?18.75
CD 25-07-2015 Bites N Pieces
30 1-1110 Cheque Account ?2,857.50
30 2-1200 Accounts Payable - Trade ?2,857.50
PJ 25-07-2015 Bites N Pieces: Discounts on 00000008
00000012 2-1200 Accounts Payable - Trade ?288.64
00000012 2-1200 Accounts Payable - Trade ?28.86
00000012 6-1600 Discounts Taken ?288.64
00000012 2-1330 GST Paid ?28.86
PJ 25-07-2015 Bites N Pieces: Debit from 00000012
PJ000004 2-1200 Accounts Payable - Trade ?317.50
PJ000004 2-1200 Accounts Payable - Trade ?317.50
PJ 25-07-2015 Every-Wear: Discounts on 00000009
00000013 2-1200 Accounts Payable - Trade ?163.64
00000013 2-1200 Accounts Payable - Trade ?16.36
00000013 6-1600 Discounts Taken ?163.64
00000013 2-1330 GST Paid ?16.36
PJ 25-07-2015 Every-Wear: Debit from 00000013
PJ000005 2-1200 Accounts Payable - Trade ?180.00
Sweet Dreams
Session Report
07-10-2019
07-10-2019
22:08:58
Page 6
ID# Acct# Account Name Debit Credit Job No.
PJ 25-07-2015 Every-Wear: Debit from 00000013
PJ000005 2-1200 Accounts Payable - Trade ?180.00
CD 25-07-2015 Every-Wear
31 1-1110 Cheque Account ?1,620.00
31 2-1200 Accounts Payable - Trade ?1,620.00
CD 25-07-2015 Mia Cassidy
32 1-1110 Cheque Account ?692.69
32 6-5130 Wages & Salaries ?807.69
32 2-1410 Payroll Accruals Payable ?115.00
CD 25-07-2015 Veronica Lily
33 1-1110 Cheque Account ?307.69
33 6-5130 Wages & Salaries ?307.69
CD 25-07-2015 Lyn Mars
34 1-1110 Cheque Account ?568.62
34 6-5130 Wages & Salaries ?634.62
34 2-1410 Payroll Accruals Payable ?66.00
CD 25-07-2015 Jayce Simon
35 1-1110 Cheque Account ?307.69
35 6-5130 Wages & Salaries ?307.69
SJ 28-07-2015 Sale; Cash Sales
00000006 1-1200 Accounts Receivables ?9,652.00
00000006 1-1200 Accounts Receivables ?965.20
00000006 4-1100 Clothing ?7,867.00
00000006 4-1200 Accessories ?1,785.00
00000006 2-1310 GST Collected ?965.20
00000006 5-1100 Clothing - Purchase ?3,775.99
00000006 1-1310 Clothing ?2,086.68
00000006 1-1310 Clothing ?919.98
00000006 1-1310 Clothing ?471.78
00000006 1-1310 Clothing ?297.55
00000006 5-1200 Accessory - Purchase ?1,029.03
00000006 1-1320 Accessories ?852.03
00000006 1-1320 Accessories ?177.00
CR 28-07-2015 Cash Sales for 00000006
CR000006 1-1110 Cheque Account ?10,617.20
CR000006 1-1200 Accounts Receivables ?10,617.20
CD 28-07-2015 Laundry
36 1-1110 Cheque Account ?120.00
36 6-5300 Uniforms and Laundry ?109.09
36 2-1330 GST Paid ?10.91
CD 21-07-2015 Sleepwear 'R' Us
29 1-1110 Cheque Account ?7,762.50
29 2-1200 Accounts Payable - Trade ?7,762.50
PJ 21-07-2015 Sleepwear 'R' Us: Debit from 00000014
PJ000006 2-1200 Accounts Payable - Trade ?862.50
PJ000006 2-1200 Accounts Payable - Trade ?862.50
PJ 21-07-2015 Sleepwear 'R' Us: Discounts on 00000005
00000011 2-1200 Accounts Payable - Trade ?784.09
00000011 2-1200 Accounts Payable - Trade ?78.41
00000011 6-1600 Discounts Taken ?784.09
00000011 2-1330 GST Paid ?78.41
CD 30-07-2015 City Water
Session Report
07-10-2019
07-10-2019
22:08:58
Page 6
ID# Acct# Account Name Debit Credit Job No.
PJ 25-07-2015 Every-Wear: Debit from 00000013
PJ000005 2-1200 Accounts Payable - Trade ?180.00
CD 25-07-2015 Every-Wear
31 1-1110 Cheque Account ?1,620.00
31 2-1200 Accounts Payable - Trade ?1,620.00
CD 25-07-2015 Mia Cassidy
32 1-1110 Cheque Account ?692.69
32 6-5130 Wages & Salaries ?807.69
32 2-1410 Payroll Accruals Payable ?115.00
CD 25-07-2015 Veronica Lily
33 1-1110 Cheque Account ?307.69
33 6-5130 Wages & Salaries ?307.69
CD 25-07-2015 Lyn Mars
34 1-1110 Cheque Account ?568.62
34 6-5130 Wages & Salaries ?634.62
34 2-1410 Payroll Accruals Payable ?66.00
CD 25-07-2015 Jayce Simon
35 1-1110 Cheque Account ?307.69
35 6-5130 Wages & Salaries ?307.69
SJ 28-07-2015 Sale; Cash Sales
00000006 1-1200 Accounts Receivables ?9,652.00
00000006 1-1200 Accounts Receivables ?965.20
00000006 4-1100 Clothing ?7,867.00
00000006 4-1200 Accessories ?1,785.00
00000006 2-1310 GST Collected ?965.20
00000006 5-1100 Clothing - Purchase ?3,775.99
00000006 1-1310 Clothing ?2,086.68
00000006 1-1310 Clothing ?919.98
00000006 1-1310 Clothing ?471.78
00000006 1-1310 Clothing ?297.55
00000006 5-1200 Accessory - Purchase ?1,029.03
00000006 1-1320 Accessories ?852.03
00000006 1-1320 Accessories ?177.00
CR 28-07-2015 Cash Sales for 00000006
CR000006 1-1110 Cheque Account ?10,617.20
CR000006 1-1200 Accounts Receivables ?10,617.20
CD 28-07-2015 Laundry
36 1-1110 Cheque Account ?120.00
36 6-5300 Uniforms and Laundry ?109.09
36 2-1330 GST Paid ?10.91
CD 21-07-2015 Sleepwear 'R' Us
29 1-1110 Cheque Account ?7,762.50
29 2-1200 Accounts Payable - Trade ?7,762.50
PJ 21-07-2015 Sleepwear 'R' Us: Debit from 00000014
PJ000006 2-1200 Accounts Payable - Trade ?862.50
PJ000006 2-1200 Accounts Payable - Trade ?862.50
PJ 21-07-2015 Sleepwear 'R' Us: Discounts on 00000005
00000011 2-1200 Accounts Payable - Trade ?784.09
00000011 2-1200 Accounts Payable - Trade ?78.41
00000011 6-1600 Discounts Taken ?784.09
00000011 2-1330 GST Paid ?78.41
CD 30-07-2015 City Water
Sweet Dreams
Session Report
07-10-2019
07-10-2019
22:08:58
Page 7
ID# Acct# Account Name Debit Credit Job No.
CD 30-07-2015 City Water
37 1-1110 Cheque Account ?71.00
37 6-4600 Utilities ?64.55
37 2-1330 GST Paid ?6.45
CD 30-07-2015 HJ Cleaners
38 1-1110 Cheque Account ?220.00
38 6-4200 Cleaning ?200.00
38 2-1330 GST Paid ?20.00
CD 31-07-2015 Freight
40 1-1110 Cheque Account ?132.00
40 6-1700 Freight Paid ?120.00
40 2-1330 GST Paid ?12.00
CD 31-07-2015 Bank
41 1-1110 Cheque Account ?12.00
41 6-1200 Bank Charges ?12.00
CD 31-07-2015 Telstra
42 1-1110 Cheque Account ?112.00
42 6-4500 Telephone ?101.82
42 2-1330 GST Paid ?10.18
SJ 31-07-2015 Sale; Cash Sales
00000007 1-1200 Accounts Receivables ?3,615.00
00000007 1-1200 Accounts Receivables ?361.50
00000007 4-1100 Clothing ?3,195.00
00000007 4-1200 Accessories ?420.00
00000007 2-1310 GST Collected ?361.50
00000007 5-1100 Clothing - Purchase ?1,533.30
00000007 1-1310 Clothing ?841.99
00000007 1-1310 Clothing ?400.78
00000007 1-1310 Clothing ?178.95
00000007 1-1310 Clothing ?111.58
00000007 5-1200 Accessory - Purchase ?196.00
00000007 1-1320 Accessories ?142.00
00000007 1-1320 Accessories ?54.00
CR 31-07-2015 Cash Sales for 00000007
CR000007 1-1110 Cheque Account ?3,976.50
CR000007 1-1200 Accounts Receivables ?3,976.50
GJ 31-07-2015 Adjusting entries
GJ000002 6-1300 Depreciation ?972.00
GJ000002 1-2120 Store Fittings - Accum Dep'n ?408.00
GJ000002 1-2220 Store - Accum Dep'n ?564.00
GJ000002 6-1100 Rates ?900.00
GJ000002 1-1410 Prepayments ?900.00
GJ000002 6-1400 Insurance ?733.00
GJ000002 1-1410 Prepayments ?733.00
CD 31-07-2015 Energy Aus
39 1-1110 Cheque Account ?289.00
39 6-4600 Utilities ?289.00
Grand Total: ?524,645.70 ?524,645.70
Session Report
07-10-2019
07-10-2019
22:08:58
Page 7
ID# Acct# Account Name Debit Credit Job No.
CD 30-07-2015 City Water
37 1-1110 Cheque Account ?71.00
37 6-4600 Utilities ?64.55
37 2-1330 GST Paid ?6.45
CD 30-07-2015 HJ Cleaners
38 1-1110 Cheque Account ?220.00
38 6-4200 Cleaning ?200.00
38 2-1330 GST Paid ?20.00
CD 31-07-2015 Freight
40 1-1110 Cheque Account ?132.00
40 6-1700 Freight Paid ?120.00
40 2-1330 GST Paid ?12.00
CD 31-07-2015 Bank
41 1-1110 Cheque Account ?12.00
41 6-1200 Bank Charges ?12.00
CD 31-07-2015 Telstra
42 1-1110 Cheque Account ?112.00
42 6-4500 Telephone ?101.82
42 2-1330 GST Paid ?10.18
SJ 31-07-2015 Sale; Cash Sales
00000007 1-1200 Accounts Receivables ?3,615.00
00000007 1-1200 Accounts Receivables ?361.50
00000007 4-1100 Clothing ?3,195.00
00000007 4-1200 Accessories ?420.00
00000007 2-1310 GST Collected ?361.50
00000007 5-1100 Clothing - Purchase ?1,533.30
00000007 1-1310 Clothing ?841.99
00000007 1-1310 Clothing ?400.78
00000007 1-1310 Clothing ?178.95
00000007 1-1310 Clothing ?111.58
00000007 5-1200 Accessory - Purchase ?196.00
00000007 1-1320 Accessories ?142.00
00000007 1-1320 Accessories ?54.00
CR 31-07-2015 Cash Sales for 00000007
CR000007 1-1110 Cheque Account ?3,976.50
CR000007 1-1200 Accounts Receivables ?3,976.50
GJ 31-07-2015 Adjusting entries
GJ000002 6-1300 Depreciation ?972.00
GJ000002 1-2120 Store Fittings - Accum Dep'n ?408.00
GJ000002 1-2220 Store - Accum Dep'n ?564.00
GJ000002 6-1100 Rates ?900.00
GJ000002 1-1410 Prepayments ?900.00
GJ000002 6-1400 Insurance ?733.00
GJ000002 1-1410 Prepayments ?733.00
CD 31-07-2015 Energy Aus
39 1-1110 Cheque Account ?289.00
39 6-4600 Utilities ?289.00
Grand Total: ?524,645.70 ?524,645.70
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