Trans # Type Date Num Name Description Item Account Tax Code Amount Tax Amount 1 Transfer 4/04/2008 Funds Transfer 1001 · ABC Bank -100.00 Funds Transfer 2100 · Payroll Liabilities 100.00 0.00 0.00 2 Transfer 15/05/2008 Funds Transfer 1001 · ABC Bank -38.00 Funds Transfer 2100 · Payroll Liabilities 38.00 0.00 0.00 3 Transfer 4/08/2007 Money Transfer 1001 · ABC Bank -2,000.00 Money Transfer 1003 · High Interest Saver 2,000.00 0.00 0.00 4 Sales Receipt 3/07/2007 1 Cash Customers 1499 · Undeposited Funds 349.80 Cash Customers 4m Steel Ladder Ladder 4001 · Shop Sales GST -150.00 -15.00 Cash Customers 4m Steel Ladder Ladder 1120 · Inventory Asset -75.00 Cash Customers 4m Steel Ladder Ladder 5000 · Cost of Goods Sold 75.00 Cash Customers Kitchen/Bathroom Paint Paint:Paint w mould shield 4002 · Warehouse Sales GST -168.00 -16.80 Cash Customers Kitchen/Bathroom Paint Paint:Paint w mould shield 1120 · Inventory Asset -108.00 Cash Customers Kitchen/Bathroom Paint Paint:Paint w mould shield 5000 · Cost of Goods Sold 108.00 Australian Taxation Office 10% GST GST 2200 · Tax Payable -31.80 0.00 -31.80 5 Sales Receipt 30/08/2007 2 Acmer Pty Ltd Westpac cheque 1499 · Undeposited Funds 220.00 Acmer Pty Ltd labour supplied, per hour labour, 1 hour 4004 · Service Income GST -200.00 -20.00 Australian Taxation Office 10% GST GST 2200 · Tax Payable -20.00 0.00 -20.00 6 Sales Receipt 19/09/2007 3 1499 · Undeposited Funds 44.00 labour supplied, per hour labour, 1 hour 4004 · Service Income GST -40.00 -4.00 Australian Taxation Office 10% GST GST 2200 · Tax Payable -4.00 0.00 -4.00 7 Payment 3/09/2007 670013 Handy Builders part payment 1499 · Undeposited Funds 4,000.00 Handy Builders part payment 1200 · Accounts Receivable -4,000.00 0.00 0.00 8 Payment 3/08/2007 Baileys Cellars 1001 · ABC Bank 41.80 Baileys Cellars 1200 · Accounts Receivable -41.80 0.00 0.00 9 Payment 3/09/2007 Zeus Construction rec'd cash 1001 · ABC Bank 218.90 Zeus Construction rec'd cash 1200 · Accounts Receivable -218.90 0.00 0.00 12 Tax Invoice 3/07/2007 4 Baileys Cellars 1200 · Accounts Receivable 1,202.30 Baileys Cellars freight charged freight 4004 · Service Income GST -8.00 -0.80 Baileys Cellars Bathroom tiles Bathroom Tiles 4001 · Shop Sales GST -18.00 -1.80 Baileys Cellars Bathroom tiles Bathroom Tiles 1120 · Inventory Asset -9.00 Baileys Cellars Bathroom tiles Bathroom Tiles 5000 · Cost of Goods Sold 9.00 Baileys Cellars Garden Shed Shed 4001 · Shop Sales GST -1,025.00 -102.50 Baileys Cellars Garden Shed Shed 1120 · Inventory Asset -495.00 Baileys Cellars Garden Shed Shed 5000 · Cost of Goods Sold 495.00 Baileys Cellars Bathroom tiles Bathroom Tiles 4001 · Shop Sales GST -6.00 -0.60 Baileys Cellars Bathroom tiles Bathroom Tiles 1120 · Inventory Asset -3.00 Baileys Cellars Bathroom tiles Bathroom Tiles 5000 · Cost of Goods Sold 3.00 Baileys Cellars Gold-lined Kitchen Taps Kitchen Taps 4001 · Shop Sales GST -36.00 -3.60 Baileys Cellars Gold-lined Kitchen Taps Kitchen Taps 1120 · Inventory Asset -9.00 Baileys Cellars Gold-lined Kitchen Taps Kitchen Taps 5000 · Cost of Goods Sold 9.00 Australian Taxation Office 10% GST GST 2200 · Tax Payable -109.30 0.00 -109.30 13 Tax Invoice 3/07/2007 2 Square Blocks Ltd 1200 · Accounts Receivable 9,900.00 Square Blocks Ltd Red Roof Tiles Roof Tiles 4001 · Shop Sales GST -9,000.00 -900.00 Square Blocks Ltd Red Roof Tiles Roof Tiles 1120 · Inventory Asset -5,000.00 Square Blocks Ltd Red Roof Tiles Roof Tiles 5000 · Cost of Goods Sold 5,000.00 Australian Taxation Office 10% GST GST 2200 · Tax Payable -900.00 0.00 -900.00 14 Tax Invoice 3/09/2007 3 Handy Builders estimate number 90 1200 · Accounts Receivable 5,527.50 Handy Builders Standard House Paint Paint:House Paint 4002 · Warehouse Sales GST -525.00 -52.50 Handy Builders Standard House Paint Paint:House Paint 1120 · Inventory Asset -375.00 Handy Builders Standard House Paint Paint:House Paint 5000 · Cost of Goods Sold 375.00 Handy Builders Red Roof Tiles Roof Tiles 4001 · Shop Sales GST -4,500.00 -450.00 Handy Builders Red Roof Tiles Roof Tiles 1120 · Inventory Asset -2,500.00 Handy Builders Red Roof Tiles Roof Tiles 5000 · Cost of Goods Sold 2,500.00 Australian Taxation Office 10% GST GST 2200 · Tax Payable -502.50 0.00 -502.50 15 Tax Invoice 11/08/2007 8 Acmer Pty Ltd 1200 · Accounts Receivable 200.00 Acmer Pty Ltd 6180 · Insurance -200.00 0.00 0.00 16 Tax Invoice 14/08/2007 1 Zeus Construction new customer 1200 · Accounts Receivable 218.90 Zeus Construction Gold-lined Kitchen Taps Kitchen Taps 4001 · Shop Sales GST -24.00 -2.40 Zeus Construction Gold-lined Kitchen Taps Kitchen Taps 1120 · Inventory Asset -6.00 Zeus Construction Gold-lined Kitchen Taps Kitchen Taps 5000 · Cost of Goods Sold 6.00 Zeus Construction Standard House Paint Paint:House Paint 4002 · Warehouse Sales GST -175.00 -17.50 Zeus Construction Standard House Paint Paint:House Paint 1120 · Inventory Asset -125.00 Zeus Construction Standard House Paint Paint:House Paint 5000 · Cost of Goods Sold 125.00 Australian Taxation Office 10% GST GST 2200 · Tax Payable -19.90 0.00 -19.90 17 Tax Invoice 18/07/2007 18 Baileys Cellars 1200 · Accounts Receivable 342.00 Baileys Cellars Gold-lined Kitchen Taps Kitchen Taps 4001 · Shop Sales FRE -12.00 0.00 Baileys Cellars Gold-lined Kitchen Taps Kitchen Taps 1120 · Inventory Asset -3.00 Baileys Cellars Gold-lined Kitchen Taps Kitchen Taps 5000 · Cost of Goods Sold 3.00 Baileys Cellars 4m Steel Ladder Ladder 4001 · Shop Sales GST -300.00 -30.00 Baileys Cellars 4m Steel Ladder Ladder 1120 · Inventory Asset -150.00 Baileys Cellars 4m Steel Ladder Ladder 5000 · Cost of Goods Sold 150.00 Australian Taxation Office GST Free Supplies FRE 2200 · Tax Payable 0.00 Australian Taxation Office 10% GST GST 2200 · Tax Payable -30.00 0.00 -30.00 18 Tax Invoice 18/07/2007 19 Acmer Pty Ltd 1200 · Accounts Receivable 44.00 Acmer Pty Ltd labour supplied, per hour labour, 1 hour 4004 · Service Income GST -40.00 -4.00 Australian Taxation Office 10% GST GST 2200 · Tax Payable -4.00 0.00 -4.00 19 Tax Invoice 21/04/2008 20 Buildexs Pty Ltd 1200 · Accounts Receivable 171.60 Buildexs Pty Ltd 4m Steel Ladder Ladder 4001 · Shop Sales GST -150.00 -15.00 Buildexs Pty Ltd 4m Steel Ladder Ladder 1120 · Inventory Asset -75.00 Buildexs Pty Ltd 4m Steel Ladder Ladder 5000 · Cost of Goods Sold 75.00 Buildexs Pty Ltd Bathroom tiles Bathroom Tiles 4001 · Shop Sales GST -6.00 -0.60 Buildexs Pty Ltd Bathroom tiles Bathroom Tiles 1120 · Inventory Asset -3.00 Buildexs Pty Ltd Bathroom tiles Bathroom Tiles 5000 · Cost of Goods Sold 3.00 Australian Taxation Office 10% GST GST 2200 · Tax Payable -15.60 0.00 -15.60 20 Tax Invoice 27/04/2008 FC 1 Square Blocks Ltd Finance Charge 1200 · Accounts Receivable 969.93 Square Blocks Ltd Finance Charges on Overdue Balance Fin Chg 4000 · Sales Income -969.93 0.00 0.00 21 Inventory Adjust 10/07/2007 1 6001 · damaged stock 253.00 Kitchen Taps Stock Adjustment Kitchen Taps 1120 · Inventory Asset -3.00 House Paint Stock Adjustment Paint:House Paint 1120 · Inventory Asset -250.00 0.00 0.00 22 General Journal 2/08/2007 2 Hadrians Wall Company rec'd 1/5/02 1200 · Accounts Receivable -110.00 Hadrians Wall Company rec'd 1/5/02 1001 · ABC Bank 110.00 0.00 0.00 25 General Journal 21/04/2008 2 1001 · ABC Bank 1,000.00 4000 · Sales Income -1,000.00 1499 · Undeposited Funds 600.00 4004 · Service Income -600.00 0.00 0.00 26 General Journal 27/06/2008 3 GST 4000 · Sales Income -110.00 -11.00 1001 · ABC Bank 121.00 Australian Taxation Office 10% GST GST 2200 · Tax Payable -11.00 0.00 -11.00 27 General Journal 27/06/2008 4 Australian Taxation Office 2200 · Tax Payable 40.00 Australian Taxation Office 1001 · ABC Bank -40.00 0.00 0.00 30 Deposit 3/07/2007 Deposit 1001 · ABC Bank 4,000.00 Handy Builders part payment 1499 · Undeposited Funds -4,000.00 0.00 0.00 31 Deposit 3/07/2007 Deposit 1001 · ABC Bank 120.00 Shovel and Hardhats Deposit 1200 · Accounts Receivable -120.00 0.00 0.00 32 Deposit 4/08/2007 Account Opening Balance 1002 · Commonwealth 2,500.00 Account Opening Balance 3000 · Opening Bal Equity -2,500.00 0.00 0.00 33 Deposit 29/03/2008 Hadrians Wall Company Deposit 1234 · Westpac 200.00 Hadrians Wall Company Deposit 7010 · Interest Income -200.00 0.00 0.00 34 Deposit 15/05/2008 Tax Refund 1001 · ABC Bank 100.00 Australian Taxation Office Tax Refund 2200 · Tax Payable -100.00 0.00 0.00 35 Adjustment Note 3/07/2007 6 Acmer Pty Ltd trans memo 1200 · Accounts Receivable -238.70 Acmer Pty Ltd Gold-lined Kitchen Taps Kitchen Taps 4001 · Shop Sales GST 12.00 1.20 Acmer Pty Ltd Gold-lined Kitchen Taps Kitchen Taps 1120 · Inventory Asset 3.00 Acmer Pty Ltd Gold-lined Kitchen Taps Kitchen Taps 5000 · Cost of Goods Sold -3.00 Acmer Pty Ltd Garden Shed Shed 4001 · Shop Sales GST 205.00 20.50 Acmer Pty Ltd Garden Shed Shed 1120 · Inventory Asset 99.00 Acmer Pty Ltd Garden Shed Shed 5000 · Cost of Goods Sold -99.00 Australian Taxation Office 10% GST GST 2200 · Tax Payable 21.70 0.00 21.70 36 Adjustment Note 15/05/2008 25 Acmer Pty Ltd 1200 · Accounts Receivable -13.20 Acmer Pty Ltd Gold-lined Kitchen Taps Kitchen Taps 4001 · Shop Sales GST 12.00 1.20 Acmer Pty Ltd Gold-lined Kitchen Taps Kitchen Taps 1120 · Inventory Asset 3.00 Acmer Pty Ltd Gold-lined Kitchen Taps Kitchen Taps 5000 · Cost of Goods Sold -3.00 Australian Taxation Office 10% GST GST 2200 · Tax Payable 1.20 0.00 1.20 37 Credit Card Credit 4/09/2007 2464 Laureats Cars return of overpayment 2001 · Visa 55.50 Hadrians Wall Company line memo 6240 · Miscellaneous NCG -45.45 -4.55 Hadrians Wall Company return of overpayment 6250 · Postage and Delivery NCG -5.00 -0.50 Australian Taxation Office Non-Cap. Acq. - Inc GST NCG 2200 · Tax Payable -5.05 0.00 -5.05 38 Credit Card Charge 4/07/2007 667 Georgian Plywood Import Co. bought at sale 2001 · Visa -16,250.00 Olympic Park Red Roof Tiles Roof Tiles 1120 · Inventory Asset NCG 12,500.00 1,250.00 Georgian Plywood Import Co. Standard House Paint Paint:House Paint 1120 · Inventory Asset NCF 2,500.00 0.00 Australian Taxation Office Non-Cap. Acq. - GST Free NCF 2200 · Tax Payable 0.00 Australian Taxation Office Non-Cap. Acq. - Inc GST NCG 2200 · Tax Payable 1,250.00 0.00 1,250.00 39 Credit Card Charge 4/10/2007 Officeworkers misc expenses 2001 · Visa -88.00 Officeworkers stationary 6240 · Miscellaneous NCG 65.00 6.50 Officeworkers printer refill 6240 · Miscellaneous NCG 15.00 1.50 Australian Taxation Office Non-Cap. Acq. - Inc GST NCG 2200 · Tax Payable 8.00 0.00 8.00 40 Cheque 3/09/2007 Laureats Cars car ready 4pm 1001 · ABC Bank -200.00 Laureats Cars full service 6240 · Miscellaneous NCG 181.82 18.18 Australian Taxation Office Non-Cap. Acq. - Inc GST NCG 2200 · Tax Payable 18.18 0.00 18.18 41 Cheque 3/07/2007 Rajah Furniture 1001 · ABC Bank -220.00 Buildexs Pty Ltd office chair repair 4003 · other income NCG 200.00 20.00 Australian Taxation Office Non-Cap. Acq. - Inc GST NCG 2200 · Tax Payable 20.00 0.00 20.00 42 Cheque 3/08/2007 Officeworkers 1001 · ABC Bank -19.80 Officeworkers Gold-lined Kitchen Taps Kitchen Taps 1120 · Inventory Asset NCG 18.00 1.80 Australian Taxation Office Non-Cap. Acq. - Inc GST NCG 2200 · Tax Payable 1.80 0.00 1.80 43 Cheque 18/07/2007 1 Supplier 1 1001 · ABC Bank -100.00 Supplier 1 6290 · Rent NCG 90.91 9.09 Australian Taxation Office Non-Cap. Acq. - Inc GST NCG 2200 · Tax Payable 9.09 0.00 9.09 44 Cheque 22/04/2008 Taubmans and Sons Trade Centre 1001 · ABC Bank -3,300.00 Taubmans and Sons Trade Centre 4m Steel Ladder Ladder 1120 · Inventory Asset NCG 3,000.00 300.00 Australian Taxation Office Non-Cap. Acq. - Inc GST NCG 2200 · Tax Payable 300.00 0.00 300.00 46 Bill 4/09/2007 Inv 1025 Officeworkers handy supplier 2000 · Accounts Payable -201.30 Hadrians Wall Company 4m Steel Ladder.. Ladder 1120 · Inventory Asset NCG 75.00 7.50 Hadrians Wall Company Kitchen/Bathroom Paint Paint:Paint w mould shield 1120 · Inventory Asset NCG 108.00 10.80 Australian Taxation Office Non-Cap. Acq. - Inc GST NCG 2200 · Tax Payable 18.30 0.00 18.30 47 Bill 3/08/2007 4387 Pinchy Pty Ltd 2000 · Accounts Payable -258.50 Acmer Pty Ltd some STD calls 6340 · Telephone NCG 235.00 23.50 Australian Taxation Office Non-Cap. Acq. - Inc GST NCG 2200 · Tax Payable 23.50 0.00 23.50 48 Credit 3/09/2007 Credit note 23 Georgian Plywood Import Co. for cash payment 2000 · Accounts Payable 2.00 Georgian Plywood Import Co. line memo 6240 · Miscellaneous NCG -1.82 -0.18 Australian Taxation Office Non-Cap. Acq. - Inc GST NCG 2200 · Tax Payable -0.18 0.00 -0.18 49 Bill 3/09/2007 Optical Phone Networks 2000 · Accounts Payable -379.50 Optical Phone Networks 6290 · Rent NCF 379.50 0.00 Australian Taxation Office Non-Cap. Acq. - GST Free NCF 2200 · Tax Payable 0.00 0.00 0.00 50 Bill 21/09/2007 Inv 40983 Georgian Plywood Import Co. hold back 10% 2000 · Accounts Payable -6.60 Olympic Park Bathroom tiles Bathroom Tiles 1120 · Inventory Asset NCG 6.00 0.60 Australian Taxation Office Non-Cap. Acq. - Inc GST NCG 2200 · Tax Payable 0.60 0.00 0.60 51 Credit 22/08/2007 credit note 35 Optical Phone Networks 2000 · Accounts Payable 60.50 Optical Phone Networks discount 6340 · Telephone NCG -50.00 -5.00 Optical Phone Networks line rental cash back 6340 · Telephone NCG -5.00 -0.50 Australian Taxation Office Non-Cap. Acq. - Inc GST NCG 2200 · Tax Payable -5.50 0.00 -5.50 52 Item Receipt 4/08/2007 345 Georgian Plywood Import Co. Received items (bill to follow) 2000 · Accounts Payable -6.00 Georgian Plywood Import Co. Bathroom tiles-test1 Bathroom Tiles 1120 · Inventory Asset 6.00 0.00 0.00 53 Bill 11/07/2007 Australian Energex 2000 · Accounts Payable -220.00 Acmer Pty Ltd 6180 · Insurance NCG 200.00 20.00 Australian Taxation Office Non-Cap. Acq. - Inc GST NCG 2200 · Tax Payable 20.00 0.00 20.00 54 Bill 19/08/2007 Georgian Plywood Import Co. 2000 · Accounts Payable -214.50 Acmer Pty Ltd 6240 · Miscellaneous NCG 150.00 15.00 Acmer Pty Ltd 6340 · Telephone NCG 45.00 4.50 Australian Taxation Office Non-Cap. Acq. - Inc GST NCG 2200 · Tax Payable 19.50 0.00 19.50 55 Bill 5/05/2008 Laureats Cars 2000 · Accounts Payable -108.00 Laureats Cars 6250 · Postage and Delivery NCG 100.00 8.00 Australian Taxation Office Non-Cap. Acq. - Inc GST NCG 2200 · Tax Payable 8.00 0.00 8.00 56 Bill 6/05/2008 Georgian Plywood Import Co. 2000 · Accounts Payable -2,200.00 Georgian Plywood Import Co. 1501 · Boardroom Table CAG 2,000.00 200.00 Australian Taxation Office Cap. Acq. - Inc GST CAG 2200 · Tax Payable 200.00 0.00 200.00 57 Bill 6/05/2008 Laureats Cars 2000 · Accounts Payable -15,000.00 Laureats Cars 1502 · Delivery Van CAF 15,000.00 0.00 Australian Taxation Office Cap. Acq. - GST Free CAF 2200 · Tax Payable 0.00 0.00 0.00 58 Bill 6/05/2008 Optical Phone Networks 2000 · Accounts Payable -3,000.00 Optical Phone Networks 1345 · Carpet CAI 3,000.00 0.00 Australian Taxation Office Cap. Acq. - for making Input Taxed Supplies CAI 2200 · Tax Payable 0.00 0.00 0.00 59 Bill Pmt -Cheque 2/08/2007 237804 Australian Energex 1001 · ABC Bank -220.00 Australian Energex 2000 · Accounts Payable 220.00 0.00 0.00 60 Bill Pmt -CCard 4/06/2008 Laureats Cars 2001 · Visa -108.00 Laureats Cars 2000 · Accounts Payable 108.00 0.00 0.00 61 Cheque 4/06/2008 Australian Taxation Office 1001 · ABC Bank -420.00 Australian Taxation Office 2200 · Tax Payable 420.00 0.00 0.00 0.00 62 Paycheque 12/04/2008 Alice Ayscough 1001 · ABC Bank -649.00 Alice Ayscough 6560 · Payroll Expenses 800.00 Alice Ayscough 6560 · Payroll Expenses 72.00 Alice Ayscough 2100 · Payroll Liabilities -72.00 Alice Ayscough 2100 · Payroll Liabilities -151.00 0.00 0.00 63 Paycheque 12/04/2008 Bev Lonsdale 1001 · ABC Bank -872.00 Bev Lonsdale 6560 · Payroll Expenses 1,125.00 Bev Lonsdale 6560 · Payroll Expenses 101.25 Bev Lonsdale 2100 · Payroll Liabilities -101.25 Bev Lonsdale 2100 · Payroll Liabilities -253.00 0.00 0.00 64 Liability Cheque 10/05/2008 ING 2254 1001 · ABC Bank -173.25 ING 2254 2100 · Payroll Liabilities 173.25 0.00 0.00 65 Cheque 10/02/2008 Officeworkers 1004 · ANZ -440.00 Officeworkers 6180 · Insurance NCG 400.00 40.00 Australian Taxation Office Non-Cap. Acq. - Inc GST NCG 2200 · Tax Payable 40.00 0.00 40.00 66 YTD Adjustment 1/07/2007 Alice Ayscough 1001 · ABC Bank -2,400.00 Alice Ayscough 6560 · Payroll Expenses 2,700.00 Alice Ayscough 2100 · Payroll Liabilities -300.00 0.00 0.00 67 Liability Adjust 1/07/2007 1001 · ABC Bank -300.00 2100 · Payroll Liabilities 300.00 0.00 0.00 68 Bill 1/07/2007 Georgian Plywood Import Co. 2000 · Accounts Payable -4,400.00 Georgian Plywood Import Co. 4m Steel Ladder Ladder 1120 · Inventory Asset NCG 1,500.00 150.00 Georgian Plywood Import Co. Red Roof Tiles Roof Tiles 1120 · Inventory Asset NCG 2,500.00 250.00 Australian Taxation Office Non-Cap. Acq. - Inc GST NCG 2200 · Tax Payable 400.00 0.00 400.00 69 Build 4/07/2007 1 Roofers Pack 1120 · Inventory Asset 2,575.00 Ladder 1120 · Inventory Asset -75.00 Roof Tiles 1120 · Inventory Asset -2,500.00 0.00 0.00 TOTAL 0.00 701.04