Ed purchased the following items Each purchased for 10 fridges 800 Purchased on

Ed purchased the following items each purchased for

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Ed purchased the following items:Each purchasedfor:10 fridges$800Purchased on credit from JRL15 freezers$250Purchased on Credit from JRL10 microwaves$15010 Range hoods$805 ovens$90015 cook tops$20015 dishwashers$45020 Vacuums$130Purchased on credit from Innovative Tech10 Coffee makers$250Purchased on credit from Innovative Tech20 Toasters$355 Super Irons$7815 Mixers$4510 Deep fryers$450 Portable A/Cs$1800 Hairdryers$910 Irons$1910 Scale Sets$1210 Kettles$3410 Small Bins$135 Large Bins$2215 Wine coolers$1305 Washing Machines$220Purchased on credit from Rowlings5 Dryers$210TOTAL$40605All Invoices paid at time of purchase unless otherwise statedThe following amounts were paid to creditors:JRL Holdings$5,000Innovating Technology Ltd$2,000Rowlings & Sons$5,000Deliver services were provided on credit to the following:P.L Farthings$300J Smyth & Co$150L.L Incorporated$362National Appliances Direct$600
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The following was paid in expenses Phone Service / Calls $65 Electricity $132.50 Gas $50 Water $45.83 Insurance $108.33 Payroll $38750 Cleaning $70.83 Finance Costs $137.50 Advertising $46.67 Rent $2083.3 3 Petrol $46.67 Accountants Fees $30.83 Maintenance $117.08 Bank Fees $17.50 Office Supplies $ 50 TOTAL EXPENSES $41,752 .08
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Bank Statement October 2014 1-Oct BALANCE FORWARD $245,000. 00 CR 3-Oct Loan Costs (National) $137.50 $244,862. 50 CR 4-Oct Telsta Invoice 3365432 $65.00 $244,797. 50 CR 5-Oct HLH Electricity $132.50 $244,665. 00 CR 6-Oct Ultimate Gas $50.00 $244,615. 00 CR 8-Oct Wages $19,375.0 0 $225,240. 00 8-Oct Rent $2,083.3 3 $223,156. 67 CR 9-Oct Cash Deposit $6,000.00 $229,156. 67 CR 13-Oct JRL Holdings $5,000.0 0 $224,156. 67 CR 15-Oct Innovative Technology $2,000.0 0 $222,156. 67 CR 17-Oct Cash Deposit $25,837.00 $247,993. 67 CR 22-Oct Cash Withdraw $500.00 $247,493. 67 CR 22-Oct Wages $19,375.0 0 $228,118. 67 CR 22-Oct Purchase 11451 $12,620.0 0 $215,498. 67 CR 23-Oct Shell $46.67 $215,452. 00 CR 23-Oct Purchase 11452 $8,630.0 0 $206,822. 00 CR 25-Oct Cash Withdraw $500.00 $206,322. 00 CR 25-Oct Purchase 11453 $1,405.0 0 $204,917. 00 CR 25-Oct LMS Marketing $46.67 $204,870. 33 CR 25-Oct Cash Withdraw $50.00 $204,820. 33 CR 26-Oct Water $45.83 $204,774. 50 CR 26-Oct Insurance Direct Debit $108.33 $204,666. 17 CR 27-Oct Corporate Cleaning Ltd $70.83 $204,595. 34 CR 27-Oct Rowlings & Sons $5,000.0 0 $199,595. 34 CR 27-Oct Cash Deposit $35,000.00 $234,595. 34 CR 28-Oct Fees $17.50 $234,577. 84 CR 28-Oct P.L.Harris Repairs $117.08 $234,460. 76 CR 29-Oct Accountants Fees $30.83 $234,429. 93 CR 30-Oct Cash Deposit $45,000.00 $279,429. 93 CR 30-Oct Cash Withdraw $500.00 $278,929. 93 CR 30-Oct Office Supplies $50.00 $278,879. 93 CR
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Appendix 3 – Ed’s Whitegoods Ltd Transactions November 2014Ed sold the following items:Each sold at:8 fridges$160010 freezers$8006 microwaves$47015 Range hoods$1905 ovens$210018 cook tops$56018 dishwashers$99026 Vacuums$39018 Coffee makers$60013 Toasters$997 Super Irons$1568 Mixers$899 Deep fryers$996 Portable A/Cs$3502 Hairdryers$3516 Irons$4518 Scale Sets$2414 Kettles$7814 Small Bins$4011 Large Bins$6010 Wine coolers$29910 Washing Machines$3404 Dryers$330TOTALAll Sales for cash$103136
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