Hi! May i know how do i adjust the Cash at bank a/c and sales income a/c with this PAYG tax payable? Suppose i should pay $50 to the Austrian Government but the Cash payment debit is (-50), plse help. means my cash at bank have outstanding $100, i should pay $50 but -(50) is making my outstanding become $100 right?

CASH PAYMENTS JOURNAL Debits Credits Chg. No. Post Ref. Accounts Payable Purchases Cash at Discount Bank Received Other Account 880 880 101 Insurance 103 500 Wages PAYG Withholding Payable (50) 450 A. Supplier 104 220 220 $220 $1330 $1550 Amounts in the 'Other column are posted to their respective accounts in the general ledger. Amounts in the 'Accounts Payable' column are posted to the supplier's account in the accounts payable subsidiary ledger. The totals of all the columns, except the 'Other' column are posted at the end of the period to their respective accounts in the general ledger. Sales on credit The retailer sells goods or services to a customer for $300 plus $10 freight. Because this business is not registered for GST it cannot and does not charge customers GST and the invoice is recorded as follows. SALES JOURNAL Invoice No. Account Terms Post. Ref. Sales Freight Account Receivable 4321 A. Customer 5%/10,n30 300 10 310 $300 $10 $310 CASH PAYMENTS JOURNAL Debits Credits Chg. No. Post Ref. Accounts Payable Purchases Cash at Discount Bank Received Other Account 880 880 101 Insurance 103 500 Wages PAYG Withholding Payable (50) 450 A. Supplier 104 220 220 $220 $1330 $1550 Amounts in the 'Other column are posted to their respective accounts in the general ledger. Amounts in the 'Accounts Payable' column are posted to the supplier's account in the accounts payable subsidiary ledger. The totals of all the columns, except the 'Other' column are posted at the end of the period to their respective accounts in the general ledger. Sales on credit The retailer sells goods or services to a customer for $300 plus $10 freight. Because this business is not registered for GST it cannot and does not charge customers GST and the invoice is recorded as follows. SALES JOURNAL Invoice No. Account Terms Post. Ref. Sales Freight Account Receivable 4321 A. Customer 5%/10,n30 300 10 310 $300 $10 $310