The adjusted trial balance for Pro Diver is shown below. Pro Diver Adjusted Trial Balance as...
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The adjusted trial balance for Pro Diver is shown below. Pro Diver Adjusted Trial Balance as at 30 June 20xx Account Number Account Debit Credit 100 Bank Account 7,271.02 105 Petty Cash 200.00 Accounts Receivable Prepaid Insurance 110 7,549.00 120 130 Prepaid Rates and Taxes 140 GST Paid (Outlays) 2,501.69 160 Buildings and Improvements (Cost) 350,000.00 Accumulated Depreciation - Bldgs and Improvements 161 44,479.00 170 Hire Equipment (Cost) 110,943.09 171 Accumulated Depreciation - Hire Equipment 68,930.00 180 Motor Vehicies (Cost) 29,900.00 181 Accumulated Depreciation - Motor Vehicles 9,468.00 190 Store Equipment (Cost) 14,700.00 191 Accumulated Depreciation - Store Equipment 6,799.00 200 Accounts Payable 5,401.00 210 GST Collected 6,738.24 220 PAYG Withholding Payable 1,660.00 230 Superannuation Payable 414.00 240 Wages and Salaries Payable 80.00 280 Bank Loan 219,191.67 310 Capital 151,156.00 315 Drawings 38,984.00 400 Hire Service Income 127,229.36 410 Lesson Income 30,810.00 420 Discounts Received 517.60 430 Freight Collected 85.00 440 Profit on Sale of PPE 281.64 600 Advertising 2,150.00 605 Bank Charges 127.10 Cleaning Depreciation 610 900.00 615 38,658.00 620 Discounts Given 309.60 625 Electricity 3,480.50 630 Freight Expense 1,113.26 635 Insurance 4,575.00 640 Interest Expense 15,194.47 Motor Vehicle Expenses Office Supplies 645 2,610.00 650 118.80 655 Printing and Postage 164.55 660 Rates and Taxes 1,977.00 665 Repairs and Maintenance 995.00 670 Diving Instruction Charges 14,980.00 675 Staff Amenities 260.83 680 Superannuation 1,818.00 685 Telephone 1,479.60 690 Wages and Salaries 20,280.00 673,240.51 673,240.51 INSTRUCTIONS: In all parts of this question, enter amounts with a comma for thousands and to two decimal places. For example, enter two thousand as 2,000.00. • Enter negative amounts using a hyphen. For example, -2,000.00. If the balance or total returns to zero, enter 0.00 in the required field. • If an entry field does not require an answer, leave the field blank. TIPS: To avoid having to scroll up and down the question: - if printing is enabled, print out the parts (as required) - if printing is not enabled, copy and paste the required parts into a Word document and divide your screen between the question and the copied content. Save regularly using the 'Save for later' button at the end of each part. For assistance regarding account names, click the 'Show list of accounts' button to view all of the accounts used in this question. Predictive text can be used to assist entering the account titles when recording and posting information in the journals and ledger accounts, simply type in the first few letters to use the predictive text option. • Excel templates/working documents have been designed to provide assistance if there is a preference to work offline and later enter the completed information online to submit for assessment. Using the adjusted trial balance above, complete the general journal entries to close off the accounts for the end of the reporting period, post to and balance the general ledger accounts. (Note: Enter accounts in ascending account number order according to the chart of accounts.) GENERAL JOURNAL Page: 20 Date Description Post Ref Debit Credit (To close income accounts) GENERAL JOURNAL Page: 21 Date Description Post Ref Debit Credit June (To close expense accounts) (To transfer profit for the year) (To close drawings to capital account) GENERAL LEDGER Name: BANK ACCOUNT Acct No.: 100 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 14,632.20 June 30 Payments CPJ12 16,487.92 30 Receipts CRJ14 9.126.74 July Name: PETTY CASH Acct No.: 105 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 200.00 Name: ACCOUNTS RECEIVABLE Acct No.: 11o Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 5,760.00 June 30 Bank Account CRJ14 6,885.60 30 Sales SJ10 8,674.60 July Name: PREPAID INSURANCE Acct No.: 120 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 381.25 June 30 Insurance GJ20 381.25 Name: PREPAID RATES AND TAXES Acct No.: 130 Details Balance Date Post Ref Debit Date Details Post Ref Credit June 1 164.75 June 30 Rates and Taxes GJ20 164.75 Name: GST PAID (OUTLAYS) Acct No.: 140 Details Accounts Payable Date Details Post Ref Debit Date Post Ref Credit June 1 30 27 30 Balance 1,905.75 June GJ20 15.00 Accounts Payable PJ11 533.00 Bank Account CPJ12 12.55 30 Bank Account CPJ12 90.49 July Name: BUILDINGS AND IMPROVEMENTS (COST) Acct No.: 160 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 350,000.00 Name: ACCUMULATED DEPRECIATION - BLDGS AND IMPROVEMENTS Acct No.: 161 Date Details Post Ref Debit Date Details Post Ref Credit 1 43,750.00 Balance Depreciation June 30 GJ20 729.00 Name: HIRE EQUIPMENT (COST) Acct No.: 170 Details Bank Account Date Details Post Ref Debit Date Post Ref Credit June 1 Balance 108,000.00 June 17 CRJ14 603.64 Accounts Payable Accounts Payable Accumulated Depreciation 6 26 PJ11 2,409.09 17 GJ20 212.36 PJ11 1,500.00 27 Accounts Payable GJ20 150.00 July Name: ACCUMULATED DEPRECIATION - HIRE EQUIPMENT Acct No.: 171 Details HECost/Profit Date Post Ref Debit Date Details Post Ref Credit June 17 GJ20 494.00 June 1 Balance 67,500.00 30 Depreciation GJ20 1,924.00 July Name: MOTOR VEHICLES (COST) Acct No.: 180 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 29,900.00 Name: ACCUMULATED DEPRECIATION - MOTOR VEHICLES Acct No.: 181 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 8,970.00 30 Depreciation GJ20 498.00 Name: STORE EQUIPMENT (COST) Acct No.: 190 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 14,700.00 Name: ACCUMULATED DEPRECIATION - STORE EQUIPMENT Acct No.: 191 Date Details Post Ref Debit Date Details Post Ref Credit June Balance 6,615.00 30 Depreciation GJ20 184.00 Name: ACCOUNTS PAYABLE Acct No.: 200 Date Details Post Ref Debit Date Details Post Ref Credit June 27 Hire Equipment/GST GJ20 165.00 June 1 Balance 5,824.00 30 Bank Account CPJ12 6,121.00 30 Purchases PJ11 5,863.00 July Name: GST COLLECTED Acct No.: 210 Date Details Post Ref Debit Date Details Post Ref Credit June 30 Bank Account CRJ14 30.96 June 1 Balance 5,745.90 30 Accounts Receivable Sj10 788.60 30 Bank Account CRJ14 234.70 July Name: PAYG WITHHOLDING PAYABLE Acct No.: 220 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 1,120.00 28 Bank Account CPJ12 540.00 Name: SUPERANNUATION PAYABLE Acct No.: 23o Date Details Post Ref Debit Date Details Post Ref Credit June 25 Bank Account CPJ12 432.00 June 1 Balance 432.00 30 Superannuation GJ20 414.00 Name: WAGES AND SALARIES PAYABLE Acct No.: 240 Date Details Post Ref Debit Date Details Post Ref Credit June 30 Wages and Salaries GJ20 80.00 Name: BANK LOAN Acct No.: 280 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Bank Account CPJ12 2,000.00 June 1 Balance 220,000.00 30 Interest Expense GJ20 1,191.67 July Name: CAPITAL Acct No.: 310 Date Details Post Ref Debit Date Details Post Ref Credit June June 1 Balance 151,156.00 July Name: DRAWINGS Acct No.: 315 Date Details Post Ref Debit Date Details Post Ref Credit June Balance 36,000.00 June Bank Account CPJ12 12 2,984.00 Name: PROFIT OR LOSS SUMMARY Acct No.: 390 Date Details Post Ref Debit Date Details Post Ref Credit June June Name: HIRE SERVICE INCOME Acct No.: 400 Date Details Post Ref Debit Date Details Post Ref Credit June June Balance 122,880.00 30 Accounts Receivable SJ10 3,806.00 30 Bank Account CRJ14 543.36 Name: LESSON INCOME Acct No.: 410 Date Details Post Ref Debit Date Details Post Ref Credit June June 1 Balance 25,530.00 30 30 Accounts Receivable SJ10 4,080.00 Bank Account CRJ14 1,200.00 Name: DISCOUNTS RECEIVED Acct No.: 420 Date Details Post Ref Debit Details Post Ref Credit Date June June 1 Balance 392.10 30 Bank Account CPJ12 125.50 Name: FREIGHT COLLECTED Acct No.: 430 Date Details Post Ref Debit Date Details Post Ref Credit June June Balance 85.00 Name: PROFIT ON SALE OF PPE Acct No.: 440 Date Details Post Ref Debit Date Details Post Ref Credit June June 17 Hire Equipment GJ20 281.64 Name: ADVERTISING Acct No.: 600 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 2,150.00 June Name: BANK CHARGES Acct No.: 605 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 112.40 June Bank Account CPJ12 14.70 Name: CLEANING Acct No.: 61o Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 800.00 June 28 Bank Account CPJ12 100.00 Name: DEPRECIATION Acct No.: 615 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 35,323.00 June 30 Accumulated Depreciation GJ20 3,335.00 Name: DISCOUNTS GIVEN Acct No.: 620 Date Details Post Ref Debit Details Post Ref Credit Date June 30 Bank Account 309.60 June CRJ14 Name: ELECTRICITY Acct No.: 625 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 3,480.50 June Name: FREIGHT EXPENSE Acct No.: 630 Details Debit Date Post Ref Date Details Post Ref Credit June Balance 962.35 June 30 Accounts Payable PJ11 150.91 Name: INSURANCE Acct No.: 635 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 4,193.75 June 30 Prepaid Insurance GJ20 381.25 Name: INTEREST EXPENSE Acct No.: 640 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 14,002.80 June 30 Bank Loan GJ20 1,191.67 Name: MOTOR VEHICLE EXPENSES Acct No.: 645 Details Post Ref Debit Date Details Post Ref Credit Date June 1 Balance 2,530.00 June 20 Bank Account CPJ12 80.00 Name: OFFICE SUPPLIES Acct No.: 650 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 118.80 June Name: PRINTING AND POSTAGE Acct No.: 655 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 109.10 June 12 Petty Cash CPJ12 55.45 Name: RATES AND TAXES Acct No.: 660 Details Post Ref Debit Details Post Ref Credit Date Date June 1 Balance 1,812.25 June 30 Prepaid Rates and Taxes GJ20 164.75 Name: REPAIRS AND MAINTENANCE Acct No.: 665 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 675.00 June 24 Bank Account 320.00 CPJ12 Name: DIVING INSTRUCTION CHARGES Acct No.: 67O Date Details Post Ref Debit Date Details Post Ref Credit June Balance 13,710.00 June 17 Accounts Payable PJ11 1,270.00 Name: STAFF AMENITIES Acct No.: 675 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 234.70 June 15 Petty Cash CPJ12 26.13 Name: SUPERANNUATION Acct No.: 680 Date Details Post Ref Debit Date Details Post Ref Credit June Balance 1,404.00 June 30 Superannuation Payable GJ20 414.00 Name: TELEPHONE Acct No.: 685 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 1,137.40 June 4 Bank Account CPJ12 342.20 Name: WAGES AND SALARIES Acct No.: 690 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 15,600.00 June 28 Bank Account CPJ12 4,600.00 30 Wages and Salaries Payable GJ20 80.00 The adjusted trial balance for Pro Diver is shown below. Pro Diver Adjusted Trial Balance as at 30 June 20xx Account Number Account Debit Credit 100 Bank Account 7,271.02 105 Petty Cash 200.00 Accounts Receivable Prepaid Insurance 110 7,549.00 120 130 Prepaid Rates and Taxes 140 GST Paid (Outlays) 2,501.69 160 Buildings and Improvements (Cost) 350,000.00 Accumulated Depreciation - Bldgs and Improvements 161 44,479.00 170 Hire Equipment (Cost) 110,943.09 171 Accumulated Depreciation - Hire Equipment 68,930.00 180 Motor Vehicies (Cost) 29,900.00 181 Accumulated Depreciation - Motor Vehicles 9,468.00 190 Store Equipment (Cost) 14,700.00 191 Accumulated Depreciation - Store Equipment 6,799.00 200 Accounts Payable 5,401.00 210 GST Collected 6,738.24 220 PAYG Withholding Payable 1,660.00 230 Superannuation Payable 414.00 240 Wages and Salaries Payable 80.00 280 Bank Loan 219,191.67 310 Capital 151,156.00 315 Drawings 38,984.00 400 Hire Service Income 127,229.36 410 Lesson Income 30,810.00 420 Discounts Received 517.60 430 Freight Collected 85.00 440 Profit on Sale of PPE 281.64 600 Advertising 2,150.00 605 Bank Charges 127.10 Cleaning Depreciation 610 900.00 615 38,658.00 620 Discounts Given 309.60 625 Electricity 3,480.50 630 Freight Expense 1,113.26 635 Insurance 4,575.00 640 Interest Expense 15,194.47 Motor Vehicle Expenses Office Supplies 645 2,610.00 650 118.80 655 Printing and Postage 164.55 660 Rates and Taxes 1,977.00 665 Repairs and Maintenance 995.00 670 Diving Instruction Charges 14,980.00 675 Staff Amenities 260.83 680 Superannuation 1,818.00 685 Telephone 1,479.60 690 Wages and Salaries 20,280.00 673,240.51 673,240.51 INSTRUCTIONS: In all parts of this question, enter amounts with a comma for thousands and to two decimal places. For example, enter two thousand as 2,000.00. • Enter negative amounts using a hyphen. For example, -2,000.00. If the balance or total returns to zero, enter 0.00 in the required field. • If an entry field does not require an answer, leave the field blank. TIPS: To avoid having to scroll up and down the question: - if printing is enabled, print out the parts (as required) - if printing is not enabled, copy and paste the required parts into a Word document and divide your screen between the question and the copied content. Save regularly using the 'Save for later' button at the end of each part. For assistance regarding account names, click the 'Show list of accounts' button to view all of the accounts used in this question. Predictive text can be used to assist entering the account titles when recording and posting information in the journals and ledger accounts, simply type in the first few letters to use the predictive text option. • Excel templates/working documents have been designed to provide assistance if there is a preference to work offline and later enter the completed information online to submit for assessment. Using the adjusted trial balance above, complete the general journal entries to close off the accounts for the end of the reporting period, post to and balance the general ledger accounts. (Note: Enter accounts in ascending account number order according to the chart of accounts.) GENERAL JOURNAL Page: 20 Date Description Post Ref Debit Credit (To close income accounts) GENERAL JOURNAL Page: 21 Date Description Post Ref Debit Credit June (To close expense accounts) (To transfer profit for the year) (To close drawings to capital account) GENERAL LEDGER Name: BANK ACCOUNT Acct No.: 100 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 14,632.20 June 30 Payments CPJ12 16,487.92 30 Receipts CRJ14 9.126.74 July Name: PETTY CASH Acct No.: 105 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 200.00 Name: ACCOUNTS RECEIVABLE Acct No.: 11o Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 5,760.00 June 30 Bank Account CRJ14 6,885.60 30 Sales SJ10 8,674.60 July Name: PREPAID INSURANCE Acct No.: 120 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 381.25 June 30 Insurance GJ20 381.25 Name: PREPAID RATES AND TAXES Acct No.: 130 Details Balance Date Post Ref Debit Date Details Post Ref Credit June 1 164.75 June 30 Rates and Taxes GJ20 164.75 Name: GST PAID (OUTLAYS) Acct No.: 140 Details Accounts Payable Date Details Post Ref Debit Date Post Ref Credit June 1 30 27 30 Balance 1,905.75 June GJ20 15.00 Accounts Payable PJ11 533.00 Bank Account CPJ12 12.55 30 Bank Account CPJ12 90.49 July Name: BUILDINGS AND IMPROVEMENTS (COST) Acct No.: 160 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 350,000.00 Name: ACCUMULATED DEPRECIATION - BLDGS AND IMPROVEMENTS Acct No.: 161 Date Details Post Ref Debit Date Details Post Ref Credit 1 43,750.00 Balance Depreciation June 30 GJ20 729.00 Name: HIRE EQUIPMENT (COST) Acct No.: 170 Details Bank Account Date Details Post Ref Debit Date Post Ref Credit June 1 Balance 108,000.00 June 17 CRJ14 603.64 Accounts Payable Accounts Payable Accumulated Depreciation 6 26 PJ11 2,409.09 17 GJ20 212.36 PJ11 1,500.00 27 Accounts Payable GJ20 150.00 July Name: ACCUMULATED DEPRECIATION - HIRE EQUIPMENT Acct No.: 171 Details HECost/Profit Date Post Ref Debit Date Details Post Ref Credit June 17 GJ20 494.00 June 1 Balance 67,500.00 30 Depreciation GJ20 1,924.00 July Name: MOTOR VEHICLES (COST) Acct No.: 180 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 29,900.00 Name: ACCUMULATED DEPRECIATION - MOTOR VEHICLES Acct No.: 181 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 8,970.00 30 Depreciation GJ20 498.00 Name: STORE EQUIPMENT (COST) Acct No.: 190 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 14,700.00 Name: ACCUMULATED DEPRECIATION - STORE EQUIPMENT Acct No.: 191 Date Details Post Ref Debit Date Details Post Ref Credit June Balance 6,615.00 30 Depreciation GJ20 184.00 Name: ACCOUNTS PAYABLE Acct No.: 200 Date Details Post Ref Debit Date Details Post Ref Credit June 27 Hire Equipment/GST GJ20 165.00 June 1 Balance 5,824.00 30 Bank Account CPJ12 6,121.00 30 Purchases PJ11 5,863.00 July Name: GST COLLECTED Acct No.: 210 Date Details Post Ref Debit Date Details Post Ref Credit June 30 Bank Account CRJ14 30.96 June 1 Balance 5,745.90 30 Accounts Receivable Sj10 788.60 30 Bank Account CRJ14 234.70 July Name: PAYG WITHHOLDING PAYABLE Acct No.: 220 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 1,120.00 28 Bank Account CPJ12 540.00 Name: SUPERANNUATION PAYABLE Acct No.: 23o Date Details Post Ref Debit Date Details Post Ref Credit June 25 Bank Account CPJ12 432.00 June 1 Balance 432.00 30 Superannuation GJ20 414.00 Name: WAGES AND SALARIES PAYABLE Acct No.: 240 Date Details Post Ref Debit Date Details Post Ref Credit June 30 Wages and Salaries GJ20 80.00 Name: BANK LOAN Acct No.: 280 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Bank Account CPJ12 2,000.00 June 1 Balance 220,000.00 30 Interest Expense GJ20 1,191.67 July Name: CAPITAL Acct No.: 310 Date Details Post Ref Debit Date Details Post Ref Credit June June 1 Balance 151,156.00 July Name: DRAWINGS Acct No.: 315 Date Details Post Ref Debit Date Details Post Ref Credit June Balance 36,000.00 June Bank Account CPJ12 12 2,984.00 Name: PROFIT OR LOSS SUMMARY Acct No.: 390 Date Details Post Ref Debit Date Details Post Ref Credit June June Name: HIRE SERVICE INCOME Acct No.: 400 Date Details Post Ref Debit Date Details Post Ref Credit June June Balance 122,880.00 30 Accounts Receivable SJ10 3,806.00 30 Bank Account CRJ14 543.36 Name: LESSON INCOME Acct No.: 410 Date Details Post Ref Debit Date Details Post Ref Credit June June 1 Balance 25,530.00 30 30 Accounts Receivable SJ10 4,080.00 Bank Account CRJ14 1,200.00 Name: DISCOUNTS RECEIVED Acct No.: 420 Date Details Post Ref Debit Details Post Ref Credit Date June June 1 Balance 392.10 30 Bank Account CPJ12 125.50 Name: FREIGHT COLLECTED Acct No.: 430 Date Details Post Ref Debit Date Details Post Ref Credit June June Balance 85.00 Name: PROFIT ON SALE OF PPE Acct No.: 440 Date Details Post Ref Debit Date Details Post Ref Credit June June 17 Hire Equipment GJ20 281.64 Name: ADVERTISING Acct No.: 600 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 2,150.00 June Name: BANK CHARGES Acct No.: 605 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 112.40 June Bank Account CPJ12 14.70 Name: CLEANING Acct No.: 61o Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 800.00 June 28 Bank Account CPJ12 100.00 Name: DEPRECIATION Acct No.: 615 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 35,323.00 June 30 Accumulated Depreciation GJ20 3,335.00 Name: DISCOUNTS GIVEN Acct No.: 620 Date Details Post Ref Debit Details Post Ref Credit Date June 30 Bank Account 309.60 June CRJ14 Name: ELECTRICITY Acct No.: 625 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 3,480.50 June Name: FREIGHT EXPENSE Acct No.: 630 Details Debit Date Post Ref Date Details Post Ref Credit June Balance 962.35 June 30 Accounts Payable PJ11 150.91 Name: INSURANCE Acct No.: 635 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 4,193.75 June 30 Prepaid Insurance GJ20 381.25 Name: INTEREST EXPENSE Acct No.: 640 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 14,002.80 June 30 Bank Loan GJ20 1,191.67 Name: MOTOR VEHICLE EXPENSES Acct No.: 645 Details Post Ref Debit Date Details Post Ref Credit Date June 1 Balance 2,530.00 June 20 Bank Account CPJ12 80.00 Name: OFFICE SUPPLIES Acct No.: 650 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 118.80 June Name: PRINTING AND POSTAGE Acct No.: 655 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 109.10 June 12 Petty Cash CPJ12 55.45 Name: RATES AND TAXES Acct No.: 660 Details Post Ref Debit Details Post Ref Credit Date Date June 1 Balance 1,812.25 June 30 Prepaid Rates and Taxes GJ20 164.75 Name: REPAIRS AND MAINTENANCE Acct No.: 665 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 675.00 June 24 Bank Account 320.00 CPJ12 Name: DIVING INSTRUCTION CHARGES Acct No.: 67O Date Details Post Ref Debit Date Details Post Ref Credit June Balance 13,710.00 June 17 Accounts Payable PJ11 1,270.00 Name: STAFF AMENITIES Acct No.: 675 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 234.70 June 15 Petty Cash CPJ12 26.13 Name: SUPERANNUATION Acct No.: 680 Date Details Post Ref Debit Date Details Post Ref Credit June Balance 1,404.00 June 30 Superannuation Payable GJ20 414.00 Name: TELEPHONE Acct No.: 685 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 1,137.40 June 4 Bank Account CPJ12 342.20 Name: WAGES AND SALARIES Acct No.: 690 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 15,600.00 June 28 Bank Account CPJ12 4,600.00 30 Wages and Salaries Payable GJ20 80.00
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Date Description Post Ref Dr Cr Hire Service Inome Dr To P L Ac For trannsfer to PLAc 12722936 12722... View the full answer
Related Book For
Fundamental Accounting Principles
ISBN: 978-0077862275
22nd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
Posted Date:
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