*Code

*Name
*Type
*Tax Code DescriptionDashboardExpense ClEnable Pay
90 Checking ABank
Tax Exempt (0%)
No
No
No
91 Savings AcBank
Tax Exempt (0%)
No
No
No
120 Accounts RAccounts RTax ExemptOutstanding
No
No
No
130 PrepaymenCurrent AssTax ExemptAn expendit
No
No
No
140 Inventory Inventory Tax ExemptValue of tr Yes
No
No
150 Office Equ Fixed AssetTax on Pur Office equiNo
Yes
No
151 Less AccumFixed AssetTax ExemptThe total aNo
No
No
160 Computer Fixed AssetTax on Pur Computer eNo
Yes
No
161 Less AccumFixed AssetTax ExemptThe total aNo
No
No
200 Accounts PAccounts PTax ExemptOutstanding
No
No
No
205 Accruals Current Liab
Tax ExemptAny serviceNo
No
No
210 Unpaid ExpUnpaid ExpTax ExemptExpense cla
No
No
No
215 Wages Paya
Wages Paya
Tax ExemptXero automa
No
No
No
216 Wages Payab
Current Liab
Tax Exempt (0%)
No
No
No
220 Sales Tax Sales Tax Tax ExemptThe balance
No
No
No
230 Employee TCurrent Liab
Tax ExemptThe amount
No
No
No
231 Federal TaxCurrent Liab
Tax Exempt (0%)
No
No
No
232 State Tax wCurrent Liab
Tax Exempt (0%)
No
No
No
233 Employee BCurrent Liab
Tax Exempt (0%)
No
No
No
234 Employee D
Current Liab
Tax Exempt (0%)
No
No
No
235 PTO payablCurrent Liab
Tax Exempt (0%)
No
No
No
240 Income TaxCurrent Liab
Tax ExemptThe amount
No
No
No
250 Suspense Current Liab
Tax ExemptAn entry thNo
No
Yes
255 Historical Historical Tax ExemptFor accounNo
No
No
260 Rounding Rounding Tax ExemptAn adjustme
No
No
No
265 Tracking Tr Tracking Tax ExemptTransfers bNo
No
No
290 Loan
Non-currentTax ExemptMoney thatNo
No
No
300 Owners Con
Equity
Tax ExemptFunds contNo
No
No
310 Owners Dr Equity
Tax ExemptWithdrawalNo
No
Yes
320 Retained ERetained ETax ExemptDo not UseNo
No
No
330 Common StEquity
Tax ExemptThe value oNo
No
No
400 Sales
Revenue Tax on SaleIncome from
Yes
No
Yes
460 Other ReveRevenue Tax on SaleAny other iNo
No
No
470 Interest In Revenue Tax ExemptInterest in No
No
No
500 Cost of GooDirect CostTax ExemptCosts of goNo
No
No
600 AdvertisingExpense Tax on Pur Expenses in
Yes
Yes
No
604 Bank Servi Expense Tax ExemptFees charge
No
Yes
No
608 Janitorial Expense Tax on Pur Expenses in
No
Yes
No
612 Consulting Expense Tax on Pur Expenses re
No
Yes
No
620 EntertainmExpense Tax ExemptExpenses pa
Yes
Yes
No
624 Postage & Expense Tax on Pur Expenses in
No
Yes
No
628 General ExExpense Tax on Pur General exp
No
Yes
No
632 Insurance Expense Tax on Pur Expenses in
No
Yes
No
640 Legal ExpeExpense Tax on Pur Expenses in
No
Yes
No

644 Utilities
Expense Tax
648 AutomobileExpense Tax
652 Office Exp Expense Tax
655 Computer SExpense Tax
656 Printing & Expense Tax
660 Rent
Expense Tax
664 Repairs an Expense Tax
668 Wages andExpense Tax
669 Wages & Sal
Expense Tax
672 Payroll Tax Expense Tax
676 Dues & SubExpense Tax
680 Telephone &
Expense Tax
684 Travel
Expense Tax
690 Bad Debts Expense Tax
700 Depreciati Expense Tax
710 Income TaxExpense Tax
720 Federal Ta Expense Tax
721 State Tax Expense Tax
722 Employee BExpense Tax
723 PTO expenExpense Tax
800 Interest ExExpense Tax
810 Bank RevalBank RevalTax
815 Unrealized Unrealized Tax
820 Realized C Realized C Tax
835 Revenue ReCurrent Liab
Tax
855 Clearing A Current Liab
Tax

ExemptExpenses in
No
on Pur Expenses i No
on Pur General exp
No
on Pur Record the No
on Pur Expenses in
No
on Pur The payment
No
on Pur Expenses in
No
ExemptPayment toNo
Exempt (0%)
No
ExemptThe amount
No
on Pur E.g. MagaziNo
on Pur Expenditure
No
on Pur Expenses in
No
ExemptNoncollectaNo
ExemptThe amount
No
ExemptA percentag
No
Exempt (0%)
No
Exempt (0%)
No
Exempt (0%)
No
Exempt (0%)
No
ExemptAny interesNo
ExemptBank accoun
No
ExemptUnrealized No
ExemptGains or l No
ExemptWhen custoNo
Exempt (0%)
No

Yes
Yes
Yes
No
Yes
Yes
Yes
No
No
No
Yes
Yes
Yes
No
No
No
No
No
No
No
Yes
No
No
No
No
No

No
No
No
No
No
No
No
No
No
No
No
No
No
No
No
No
No
No
No
No
No
No
No
No
No
Yes

Balance

Aged Recei

Demo Compa
October 2
Invoice Number

Reference

Bayside Club
8 Oct 2016
Total Bayside Club

INV-0038

GB1-White

Boom FM
1 Oct 2016
Total Boom FM

INV-0041

City Limousines
14 Jul 2016
14 Aug 2016
4 Sep 2016
5 Oct 2016
Total City Limousines

INV-0017
INV-0023
INV-0028
INV-0034

P/O 9711
P/O 9711
Book
P/O 9711

DIISR - Small Business Services

31 Aug 2016
INV-0027
Total DIISR - Small Business Services

Yr Ref W08-143

Marine Systems
7 Oct 2016
Total Marine Systems

INV-0037

Ref MK815

Ridgeway University
28 Sep 2016
Total Ridgeway University

INV-0035

P/O CRM08-12

Total Receivables

Aged Receivables
Demo Company (US)
October 2016
Current

September

August

July

Older

$234.00
$234.00

$0.00

$0.00

$0.00

$0.00

$21.70
$21.70

$0.00

$0.00

$0.00

$0.00

$250.00
$250.00
$19.95
$650.00
$650.00

$19.95

$250.00

$250.00

$0.00

$0.00

$0.00

$270.63
$270.63

$0.00

$0.00

$396.00
$396.00

$0.00

$0.00

$0.00

$0.00

$0.00

$6,187.50
$6,187.50

$0.00

$0.00

$0.00

$1,301.70
15.7214%

$6,207.45
74.9712%

$520.63
6.288%

$250.00
3.0194%

$0.00
0.0%

Total

$234.00

$21.70

$1,169.95

$270.63

$396.00

$6,187.50

$8,279.78

Inventory Item Details

Demo Company (US)
From October 1, 2016 to October 31, 2016
Date

Source

BOOK - Fish out of Water: Finding Your Brand (Untracked)

01 Oct 2016

Receivable Invoice

Total BOOK - Fish out of Water: Finding Your Brand (Untracked)

GB1-White - Golf balls - white single (Untracked)

07 Oct 2016

Payable Invoice

08 Oct 2016

Receivable Invoice

Total GB1-White - Golf balls - white single (Untracked)

TSL - Black - T-Shirt Large Black

Opening Balance
12 Oct 2016

Payable Invoice

Total TSL - Black - T-Shirt Large Black

Closing Balance

TSM - Black - T-Shirt Medium Black

Opening Balance
12 Oct 2016

Payable Invoice

Total TSM - Black - T-Shirt Medium Black

Closing Balance

TSS - Black - T-Shirt Small Black

Opening Balance
31 Oct 2016
Total TSS - Black - T-Shirt Small Black
Closing Balance

Total

Adjustment

Reference

Contact

Description

INV-0041

Boom FM

Fish out of Water: Finding Your Brand

GB1-White

Bayside Wholesale

Golf balls - white single

INV-0038

Bayside Club

Golf balls - white single

PO-0008

Bayside Wholesale

Company Branded T-Shirt Large Black. Order Code #2412

PO-0008

Bayside Wholesale

Company Branded T-Shirt Medium Black. Order code #2382

Quantity Decrease

Physical Inventory Adjustment

Value Movement

QoH Movement

(19.95)

(1.0000)

(19.95)

(1.0000)

840.00

200.0000

(205.03)

(40.0000)

634.97

160.0000

100.00

5.0000

100.00

5.0000

100.00

5.0000

200.00

10.0000

80.00

4.0000

100.00

5.0000

100.00

5.0000

180.00

9.0000

140.00

7.0000

(40.00)

(2.0000)

(40.00)

(2.0000)

100.00

5.0000

775.02

167.0000

Aged Payables
Demo Company (US)
October 2016
Current
ABC Furniture
6 Oct 2016 - 150
Total ABC Furniture

September

August

$1,150.00
$1,150.00

$0.00

$0.00

$130.00
$130.00

$0.00

$0.00

$840.00
$200.00
$1,040.00

$0.00

$0.00

$242.00
$242.00

$0.00

$0.00

Central Copiers
18 Jul 2016 - 945-Ocon
Total Central Copiers

$0.00

$0.00

$0.00

Net Connect
2 Oct 2016 - RPT680-1
Total Net Connect

$54.13
$54.13

$0.00

$0.00

$0.00

$2,500.00
$2,500.00

$2,000.00

$245.38
$245.38

$0.00

$0.00

$59.54
$59.54

$0.00

$0.00

$72.70
$695.23
$1,363.20
$513.47
$2,644.60

$0.00

$0.00

Bayside Club
4 Oct 2016
Total Bayside Club
Bayside Wholesale
7 Oct 2016 - GB1-White
12 Oct 2016 - PO-0008
Total Bayside Wholesale
Capital Cab Co
9 Oct 2016 - CS815
Total Capital Cab Co

SMART Agency
24 Aug 2016 - SM0195
24 Sep 2016 - SM0210
Total SMART Agency
State Taxing Authority
4 Oct 2016 - PR-0002
Total State Taxing Authority
Swanston Security
4 Oct 2016 - RPT652-1
Total Swanston Security
US Treasury
4 Oct 2016 - PR-0002
4 Oct 2016 - PR-0002
4 Oct 2016 - PR-0002
4 Oct 2016 - PR-0002
Total US Treasury
Xero
4 Oct 2016 - RPT612-1

$2,000.00

$29.00

Total Xero
Young Bros Transport
6 Oct 2016 - ABC
Total Young Bros Transport

Total Payables

$29.00

$0.00

$0.00

$125.03
$125.03

$0.00

$0.00

$5,719.68

$2,500.00

$2,000.00

Current

Total Expense Claims

Total

September

August

$0.00

$0.00

$0.00

$5,719.68
55.0857%

$2,500.00
24.0773%

$2,000.00
19.2618%

es

US)

July

Older

Total

$0.00

$0.00

$1,150.00

$0.00

$0.00

$130.00

$0.00

$0.00

$1,040.00

$0.00

$0.00

$242.00

$163.56
$163.56

$0.00

$163.56

$0.00

$0.00

$54.13

$0.00

$0.00

$4,500.00

$0.00

$0.00

$245.38

$0.00

$0.00

$59.54

$0.00

$0.00

$2,644.60

$0.00

$0.00

$29.00

$0.00

$0.00

$125.03

$163.56

$0.00

$10,383.24

July

Older

Total

$0.00

$0.00

$0.00

$163.56
1.5752%

$0.00
0.0%

$10,383.24

Journal Report
Demo Company (US)
From 1 Oct 2016 to 31 Oct 2016

ID 568 Amortize prepaid software (Manual Journal: Posted by N31 Oct 2016
Account
Debit
Credit
Prepayments (130)
$25.00
Accounts Payable (200)
$25.00

$25.00
$25.00

ID 567 Physical Inventory Adjustment (Posted by Nga Chui on 31 Oct 2016

Account
Debit
Credit
Cost of Goods Sold (500)
$40.00
Inventory (140)
$40.00

$40.00
$40.00

ID 566 Bayside Wholesale (Posted by Nga Chui on 12 Oct 2016)12 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
Inventory (140)
$100.00
Inventory (140)
$100.00
$200.00

ID 565 Payment: Nga Chui (Posted by Nga Chui on 12 Oct 2016)12 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
$300.00
Checking Account (090)
$300.00

ID 564 Nga Chui (Posted by Nga Chui on 12 Oct 2016)

1 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
Prepayments (130)
$300.00
$300.00

ID 563 Payment: PowerDirect (Posted by Nga Chui on 12 Oct 204 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
$108.60
Checking Account (090)
$108.60

$200.00

$200.00

$300.00
$300.00

$300.00
$300.00

$108.60
$108.60

ID 562 Payment: Basket Case (Posted by Nga Chui on 12 Oct 2012 Oct 2016
Account
Debit
Credit
Accounts Receivable (120)
Checking Account (090)
$914.55
$914.55

ID 561 Boom FM (Posted by Nga Chui on 12 Oct 2016)

1 Oct 2016
Account
Debit
Credit
Accounts Receivable (120)
$21.70
Sales (400)
Sales Tax (220)
$21.70

ID 560 Inventory Opening Balance (Posted by Nga Chui on 11 O12 Oct 2016
Account
Debit
Credit
Inventory (140)
Inventory (140)
$100.00
Inventory (140)
Inventory (140)
$140.00
Inventory (140)
Inventory (140)
$80.00
$320.00

ID 559 Payment: Gateway Motors (Posted by Nga Chui on 11 Oc15 Oct 2016
Account
Debit
Credit
Checking Account (090)
Accounts Payable (200)
$411.35
$411.35

$914.55
$914.55

$19.95
$1.75
$21.70

$100.00
$80.00
$140.00
$320.00

$411.35
$411.35

ID 558 Reversed: Payment: Gateway Motors (Posted by Nga Chu

15 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
Checking Account (090)
$411.35
$411.35

$411.35

ID 557 Payment: Gateway Motors (Posted by Nga Chui on 11 Oc11 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
$411.35
Checking Account (090)
$411.35

$411.35
$411.35

$411.35

ID 556 Wilson Periodicals (Posted by Nga Chui on 11 Oct 2016)11 Oct 2016
Account
Debit
Credit
Dues & Subscriptions (676)
Sales Tax (220)
Checking Account (090)
$35.00
$35.00

$32.04
$2.96
$35.00

ID 555 Reversed: Payment: Gateway Motors (Posted by Nga Chu

11 Oct 2016
Account
Debit
Credit
Checking Account (090)
$411.35
Accounts Payable (200)
$411.35

$411.35
$411.35

ID 554 Reversed: Wilson Periodicals (Posted by Nga Chui on 1211 Oct 2016
Account
Debit
Credit
Sales Tax (220)
$2.96
Dues & Subscriptions (676)
$32.04
Checking Account (090)
$35.00

$35.00
$35.00

ID 553 Wilson Periodicals (Posted by Nga Chui on 12 Oct 2016)11 Oct 2016
Account
Debit
Credit
Dues & Subscriptions (676)
Checking Account (090)
$35.00
$35.00

$35.00
$35.00

ID 552 Payment: Gateway Motors (Posted by Nga Chui on 5 Oct11 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
$411.35
Checking Account (090)
$411.35

$411.35
$411.35

ID 551 Payment: Xero Demo (Posted by Nga Chui on 10 Oct 20110 Oct 2016
Account
Debit
Credit
Unpaid Expense Claims (210)
$34.90
Checking Account (090)
$34.90

$34.90
$34.90

ID 550 Reversed: Payment: Xero Demo (Posted by Nga Chui on10 Oct 2016

Account
Checking Account (090)
Unpaid Expense Claims (210)

Debit

Credit
$34.90
$34.90

$34.90
$34.90

ID 549 Reversed: Capital Cab Co (Posted by Nga Chui on 12 Oc9 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
$242.00
Travel (684)
$242.00

$242.00
$242.00

ID 548 Capital Cab Co (Posted by Nga Chui on 5 Oct 2016)

9 Oct 2016
Account
Debit
Credit
Travel (684)
$242.00
Accounts Payable (200)
$242.00

$242.00
$242.00

ID 547 Capital Cab Co (Posted by Nga Chui on 12 Oct 2016)

9 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
Travel (684)
$242.00
$242.00

ID 546 Bayside Club (Posted by Nga Chui on 5 Oct 2016)

8 Oct 2016
Account
Debit
Credit
Accounts Receivable (120)
$234.00
Sales (400)
Sales (400)
Sales Tax (220)
$234.00

ID 545 Bayside Wholesale (Posted by Nga Chui on 5 Oct 2016) 7 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
Cost of Goods Sold (500)
$840.00
$840.00

ID 544 Reversed: Wilson Periodicals (Posted by Nga Chui on 127 Oct 2016
Account
Debit
Credit
Checking Account (090)
$49.90
Dues & Subscriptions (676)

$242.00
$242.00

$205.03
$9.15
$19.82
$234.00

$840.00
$840.00

$45.68

Sales Tax (220)

$49.90

$4.22
$49.90

ID 543 Wilson Periodicals (Posted by Nga Chui on 11 Oct 2016)7 Oct 2016
Account
Debit
Credit
Sales Tax (220)
$4.22
Dues & Subscriptions (676)
$45.68
Checking Account (090)
$49.90

$49.90
$49.90

ID 542 Wilson Periodicals (Posted by Nga Chui on 12 Oct 2016)7 Oct 2016
Account
Debit
Credit
Dues & Subscriptions (676)
$49.90
Checking Account (090)
$49.90

$49.90
$49.90

ID 541 Marine Systems (Posted by Nga Chui on 5 Oct 2016)

7 Oct 2016
Account
Debit
Credit
Sales Tax (220)
Sales (400)
Accounts Receivable (120)
$396.00
$396.00

$33.53
$362.47

ID 540 Reversed: ABC Furniture (Posted by Nga Chui on 10 Oct6 Oct 2016
Account
Debit
Credit
Sales Tax (220)
Office Equipment (150)
Accounts Payable (200)
$1,150.00
$1,150.00

$97.37
$1,052.63

ID 539 ABC Furniture (Posted by Nga Chui on 5 Oct 2016)

6 Oct 2016
Account
Debit
Credit
Office Equipment (150)
$1,052.63
Accounts Payable (200)
Sales Tax (220)
$97.37
$1,150.00

ID 538 ABC Furniture (Posted by Nga Chui on 10 Oct 2016)

6 Oct 2016
Account
Debit
Credit
Sales Tax (220)
$90.09
Office Equipment (150)
$1,059.91

$396.00

$1,150.00

$1,150.00
$1,150.00

Accounts Payable (200)

$1,150.00

ID 537 Reversed: Young Bros Transport (Posted by Nga Chui on

6 Oct 2016
Account
Debit
Credit
Postage & Delivery (624)
Accounts Payable (200)
$125.03
$125.03

ID 536 Basket Case (Posted by Nga Chui on 5 Oct 2016)

6 Oct 2016
Account
Debit
Credit
Sales Tax (220)
Sales (400)
Accounts Receivable (120)
$914.55
Sales (400)
$914.55

$1,150.00
$1,150.00

$125.03
$125.03

$77.43
$425.22
$411.90
$914.55

ID 535 Young Bros Transport (Posted by Nga Chui on 5 Oct 2016 Oct 2016
Account
Debit
Credit
Postage & Delivery (624)
$125.03
Accounts Payable (200)
$125.03

$125.03
$125.03

ID 534 Young Bros Transport (Posted by Nga Chui on 12 Oct 206 Oct 2016
Account
Debit
Credit
Postage & Delivery (624)
$125.03
Accounts Payable (200)
$125.03

$125.03
$125.03

ID 533 Payment: Truxton Property Management (Posted by Nga5 Oct 2016

Account
Debit
Credit
Checking Account (090)
Accounts Payable (200)
$1,181.25
$1,181.25

ID 532 City Limousines (Posted by Nga Chui on 5 Oct 2016)

5 Oct 2016
Account
Debit
Credit
Sales (400)
Accounts Receivable (120)
$650.00
Sales Tax (220)
$650.00

$1,181.25
$1,181.25

$594.97
$55.03
$650.00

ID 531 Willow Properties (Posted by Nga Chui on 11 Oct 2016) 5 Oct 2016
Account
Debit
Credit
Rent (660)
$1,181.00
Checking Account (090)
$1,181.00

$1,181.00
$1,181.00

ID 530 Reversed: Willow Properties (Posted by Nga Chui on 11 5 Oct 2016

Account
Debit
Credit
Checking Account (090)
$1,181.00
Rent (660)
$1,181.00

$1,181.00
$1,181.00

ID 529 Payment: Truxton Property Management (Posted by Nga5 Oct 2016

Account
Debit
Credit
Checking Account (090)
Accounts Payable (200)
$1,181.25
$1,181.25

ID 528 Reversed: Payment: Truxton Property Management (Post

5 Oct 2016
Account
Debit
Credit
Checking Account (090)
$1,181.25
Accounts Payable (200)
$1,181.25

$1,181.25
$1,181.25

$1,181.25
$1,181.25

ID 527 Swanston Security (Posted by Nga Chui on 5 Oct 2016) 4 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
Office Expenses (652)
$59.54
$59.54

$59.54

ID 526 Wage Payable Invoice (Posted by Nga Chui on 9 Oct 2014 Oct 2016
Account
Debit
Credit
Wages Payable (215)
Wages and Salaries (668)
$2,555.07
$2,555.07

$2,555.07

ID 525 Reversed: Xero (Posted by Nga Chui on 12 Oct 2016) Re4 Oct 2016
Account
Debit
Credit

$59.54

$2,555.07

Consulting & Accounting (612)

Accounts Payable (200)

$29.00
$29.00
$29.00

$29.00

ID 524 Wage Payable Invoice (Posted by Nga Chui on 9 Oct 2014 Oct 2016
Account
Debit
Credit
Payroll Tax Expense (672)
$23.38
Payroll Tax Expense (672)
$25.76
Accounts Payable (200)
Wages and Salaries (668)
$23.56
$72.70

ID 523 Xero (Posted by Nga Chui on 5 Oct 2016)

Account
Debit
Consulting & Accounting (612)
Accounts Payable (200)

$72.70
$72.70

4 Oct 2016
Credit
$29.00
$29.00

ID 522 Wage Payable Invoice (Posted by Nga Chui on 9 Oct 2014 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
Payroll Tax Expense (672)
$86.94
Wages and Salaries (668)
$79.52
Payroll Tax Expense (672)
$78.92
$245.38

$29.00
$29.00

$245.38

$245.38

ID 521 Wage Payable Invoice (Posted by Nga Chui on 9 Oct 2014 Oct 2016
Account
Debit
Credit
Payroll Tax Expense (672)
$246.33
Payroll Tax Expense (672)
$223.61
Wages and Salaries (668)
$225.29
Accounts Payable (200)
$695.23

$695.23
$695.23

ID 520 Reversed: Capital Cab Co (Posted by Nga Chui on 5 Oct4 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
$242.00
Travel (684)
$242.00

$242.00
$242.00

ID 519 Wage Payable Invoice (Posted by Nga Chui on 9 Oct 2014 Oct 2016

Account
Wages Payable (215)
Wages and Salaries (668)

Debit

Credit
$2,008.49
$2,008.49
$2,008.49

ID 518 Wage Payable Invoice (Posted by Nga Chui on 9 Oct 2014 Oct 2016
Account
Debit
Credit
Wages and Salaries (668)
$2,319.40
Wages Payable (215)
$2,319.40

ID 517 Reversed: Swanston Security (Posted by Nga Chui on 124 Oct 2016
Account
Debit
Credit
Office Expenses (652)
Accounts Payable (200)
$59.54
$59.54

ID 516 Bayside Club (Posted by Nga Chui on 12 Oct 2016)

4 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
Sales Tax (220)
$11.01
General Expenses (628)
$118.99
$130.00

ID 515 Payment: Wage Payable Invoice (Posted by Nga Chui on4 Oct 2016
Account
Debit
Credit
Wages Payable (215)
$2,555.07
Checking Account (090)
$2,555.07

ID 514 Wage Payable Invoice (Posted by Nga Chui on 9 Oct 2014 Oct 2016
Account
Debit
Credit
Wages and Salaries (668)
$166.39
Wages and Salaries (668)
$165.15
Accounts Payable (200)
Wages and Salaries (668)
$181.93
$513.47

ID 513 Payment: Wage Payable Invoice (Posted by Nga Chui on4 Oct 2016
Account
Debit
Credit
Wages Payable (215)
$2,008.49

$2,008.49

$2,319.40
$2,319.40

$59.54
$59.54

$130.00

$130.00

$2,555.07
$2,555.07

$513.47
$513.47

Checking Account (090)

$2,008.49
$2,008.49

$2,008.49

ID 512 Xero (Posted by Nga Chui on 12 Oct 2016)

Account
Debit
Consulting & Accounting (612)
Accounts Payable (200)

4 Oct 2016
Credit
$29.00
$29.00

ID 511 Swanston Security (Posted by Nga Chui on 12 Oct 2016)4 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
Office Expenses (652)
$59.54
$59.54

ID 510 Wage Payable Invoice (Posted by Nga Chui on 9 Oct 2014 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
Wages and Salaries (668)
$438.45
Wages and Salaries (668)
$441.75
Wages and Salaries (668)
$483.00
$1,363.20

$29.00
$29.00

$59.54
$59.54

$1,363.20

$1,363.20

ID 509 Capital Cab Co (Posted by Nga Chui on 5 Oct 2016)

4 Oct 2016
Account
Debit
Credit
Travel (684)
$242.00
Accounts Payable (200)
$242.00

$242.00
$242.00

ID 508 Payment: Wage Payable Invoice (Posted by Nga Chui on4 Oct 2016
Account
Debit
Credit
Wages Payable (215)
$2,319.40
Checking Account (090)
$2,319.40

$2,319.40
$2,319.40

ID 507 PowerDirect (Posted by Nga Chui on 5 Oct 2016)

3 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
Utilities (644)
$108.60
$108.60

$108.60
$108.60

ID 506 Net Connect (Posted by Nga Chui on 12 Oct 2016)

2 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
Telephone & Internet (680)
$54.13
$54.13

$54.13

ID 505 Bayside Wholesale (Posted by Nga Chui on 5 Oct 2016) 2 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
Cost of Goods Sold (500)
$840.00
$840.00

$840.00

ID 504 Reversed: Net Connect (Posted by Nga Chui on 12 Oct 22 Oct 2016
Account
Debit
Credit
Telephone & Internet (680)
Accounts Payable (200)
$54.13
$54.13

$54.13

ID 503 Net Connect (Posted by Nga Chui on 5 Oct 2016)

2 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
Telephone & Internet (680)
$54.13
$54.13

$54.13

ID 502 Reversed: Bayside Wholesale (Posted by Nga Chui on 52 Oct 2016

Account
Debit
Credit
Cost of Goods Sold (500)
Accounts Payable (200)
$840.00
$840.00

$840.00

ID 501 Reversed: Gateway Motors (Posted by Nga Chui on 11 Oc

1 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
$411.35
Automobile Expenses (648)
$411.35

ID 500 Reversed: Young Bros Transport (Posted by Nga Chui on

1 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
$125.03

$54.13

$840.00

$54.13

$54.13

$840.00

$411.35
$411.35

Postage & Delivery (624)

$125.03

ID 499 Young Bros Transport (Posted by Nga Chui on 5 Oct 2011 Oct 2016
Account
Debit
Credit
Postage & Delivery (624)
$125.03
Accounts Payable (200)
$125.03

ID 498 Gateway Motors (Posted by Nga Chui on 5 Oct 2016)

1 Oct 2016
Account
Debit
Credit
Accounts Payable (200)
Automobile Expenses (648)
$411.35
$411.35

$125.03
$125.03

$125.03
$125.03

$411.35
$411.35

Trial Balance
Demo Company (US)
As at 31 October 2016
Account

Debit

Credit

Revenue
Sales (400)
Expenses
Advertising (600)
Automobile Expenses (648)
Bank Service Charges (604)
Consulting & Accounting (612)
Cost of Goods Sold (500)
Dues & Subscriptions (676)
Entertainment (620)
General Expenses (628)
Janitorial Expenses (608)
Office Expenses (652)
Payroll Tax Expense (672)
Postage & Delivery (624)
Printing & Stationery (656)
Rent (660)
Repairs and Maintenance (664)
Telephone & Internet (680)
Travel (684)
Utilities (644)
Wages and Salaries (668)
Assets
Accounts Receivable (120)
Checking Account (090)
Computer Equipment (160)
Inventory (140)
Office Equipment (150)
Prepayments (130)

$2,028.69

$0.00
$0.00
$0.00
$29.00
$880.00
$14.90
$0.00
$118.99
$0.00
$59.54
$684.94
$125.03
$0.00
$0.00
$0.00
$54.13
$242.00
$108.60
$9,088.00

$10,453.75
$708.35
$30.00
$87.00
$2,380.00
$1,478.78
$53.60
$234.19
$119.08
$212.72
$1,337.44
$125.03
$100.41
$3,543.75
$1,133.06
$145.87
$276.90
$952.63
$17,885.00

$1,301.70

$8,279.78
$7,984.51

$0.00
$160.00
$1,059.91
$300.00

Liabilities
Accounts Payable (200)
Historical Adjustment (255)
Sales Tax (220)

$160.00
$3,628.91
$300.00

$4,127.08
$0.00
$86.46

Equity
Retained Earnings (320)
Total

YTD Debit

$0.00
$14,226.74

$14,226.74

$53,626.25

YTD Credit

$29,270.80

$4,440.38
$829.87

$10,383.24
$4,130.98
$2,657.13

$1,913.85
$53,626.25

Balance Sheet
Demo Company (US)
As at 31 October 2016
31 Oct 2016
Assets
Cash and Cash Equivalents
Checking Account
Total Cash and Cash Equivalents

-$4,440.38
-$4,440.38

Current Assets
Accounts Receivable
Inventory
Prepayments
Total Current Assets

$8,279.78
$160.00
$300.00
$8,739.78

Property, Plant and Equipment

Computer Equipment
Office Equipment
Total Property, Plant and Equipment

-$829.87
$3,628.91
$2,799.04

Total Assets

$7,098.44

Liabilities and Equity

Liabilities
Current Liabilities
Accounts Payable
Historical Adjustment
Sales Tax
Total Current Liabilities
Total Liabilities
Equity
Current Year Earnings
Retained Earnings
Total Equity
Total Liabilities and Equity

$10,383.24
$4,130.98
$2,657.13
$17,171.35
$17,171.35

-$11,986.76
$1,913.85
-$10,072.91
$7,098.44

Income Statement
Demo Company (US)
1 October 2016 to 31 October 2016
31 Oct 16
Revenue
Sales
Total Revenue
Less Cost of Sales
Cost of Goods Sold
Total Cost of Sales
Gross Profit

$2,028.69
$2,028.69

$880.00
$880.00
$1,148.69

Operating Expenses
Consulting & Accounting
Dues & Subscriptions
General Expenses
Office Expenses
Payroll Tax Expense
Postage & Delivery
Telephone & Internet
Travel
Utilities
Wages and Salaries
Total Operating Expenses

$29.00
$14.90
$118.99
$59.54
$684.94
$125.03
$54.13
$242.00
$108.60
$9,088.00
$10,525.13

Net Income / (Loss) before Tax

-$9,376.44

Net Income

-$9,376.44

Total Comprehensive Income

-$9,376.44