337590_242118318_SpreadsheetPCA3 (3)

www.perdisco.com spreadsheet version: PCA3e.S1 © 2006-2010 Excel spreadsheet companion for: Perdisco Coffee and Café Supplier Accounting Practice Set, Australasian Edition 3 Publisher Perdisco Suite 2, Level 1, 89-97 Jones Street Ultimo, NSW 2007 Australia Website: www.perdisco.com.au Email: [email protected] Production team Commissioning publisher and development editor: Jon Carter Authors: Raechel Wight and Julyana Cahyadi Technical editor: Liam Carey Graphic designer: Ryan Dunn Publisher's thanks This practice set contains instructional content and questions selected from our comprehensive catalogue. The production credits acknowledge the key contributors to this work. In addition to those people listed, Perdisco would like to thank all authors, designers and technical experts (past and present) who have made possible the delivery of our high quality, academically rigorous and technically advanced learning resources. 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About the authors Raechel Wight (B.Bus., B.V.A) is an educator and author who has taught undergraduate accounting at a number of universities. She has many years experience writing educational resources for accounting students and, in her prior professional career, worked as an auditor for Deloitte. COFFEE CAFÉ SUPPLIER - AUSTRALASIAN EDITION 3 (PCA3e.S1) Julyana Cahyadi (B.Com., M.Bus.) teaches financial accounting and financial statement analysis to undergraduate students. She previously worked as a researcher for the National Centre for Banking and Capital Markets and has since then undertaken various consulting roles in Australia and overseas. COFFEE CAFÉ SUPPLIER - AUSTRALASIAN EDITION 3 (PCA3e.S1) COFFEE CAFÉ SUPPLIER - AUSTRALASIAN EDITION 3 (PCA3e.S1) Perdisco makes no warranties. If you do not agree.AUSTRALASIAN EDITION 3 (PCA3e. this Spreadsheet is provided free of any further charge (other than any charge associated with the Practice Set itself). but not limited to. please delete this entire Spreadsheet and all copies of it immediately. by email or by upload to a course wesbite). WAN or internet server including any course management system owned by any adopting university) without the written permission of Perdisco. This 'Terms of Use' tab may not be deleted or hidden.S1) . it is still subject to strict copyright and limitations on its use and distribution.It is important that all users of this Spreadsheet . understand and agree to all of the Terms of Use on this page.read. and then only by their teaching staff and their students. Limitation of liability: This Spreadsheet and any related documentation is provided 'as is'. 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Instructions for using this Excel Spreadsheet A separate Practice Set is required: This Spreadsheet must be read and used in conjunction with the Practice Set named in the Terms of Use. If you are a student. and totals are not automatically calculated.S1) . It is therefore important that a companion spreadsheet be used only with the specific practice set to which it belongs. journal entries are not automatically posted to accounts. you may use Excel in any way you feel is appropriate to assist you in completing the accounting cycle (for example. Get a copy of that Practice Set and read all of its instructions carefully. It has been deliberately left to you to identify When to use this Spreadsheet: Only complete this Spreadsheet if your instructor permits its use.co. COFFEE CAFÉ SUPPLIER . You must do this step.perdisco.nz This Practice Set is a manual practice set: The use of this Spreadsheet does not automate any of the accounting tasks for you.AUSTRALASIAN EDITION 3 (PCA3e.au or www. 000 insurance expense prepaid insurance (adjusting entry) 543 142 590 310 401 511 43.General journal Date June June june june Account and Explanation Post Ref.198 18 Abejundio Coffee Purchase Returns and Allowances (purchase return) 210-3 501 1.000 590 1.AUSTRALASIAN EDITION 3 (PCA3e.SloZone (sales return) 401 110-3 1.214 30 profit and loss summary Sales Returns and Allowances Advertising Expense COFFEE CAFÉ SUPPLIER . Debit Credit 11 Sales Returns and Allowances ARC .198 1.403 1.000 3.403 30 Depn Expense: Cash Registers Accum Depn: Cash Registers (adjusting entry) 156 Depn Expense: Store Fixtures Accum Depn: Store Fixtures (adjusting entry) 366 Water Expense Water Payable (adjusting entry) 235 Electricity Expense Electricity Payable (adjusting entry) 874 156 366 235 874 Wages Expense Wages Payable (adjusting entry) 516 220 1.000 .S1) 1.000 advertising expense prepaid advertising (adjusting entry) 511 141 3.320 275 235 3.320 Interest Expense Interest payable (adjusting entry) 571 225 275 Interest receivable Interest revenue (adjusting entry) 235 403 235 Rent expenses prepaid rent (adjusting entry) 540 140 3.198 3. 046 544 COFFEE CAFÉ SUPPLIER .AUSTRALASIAN EDITION 3 (PCA3e.749 june june 30 Office supplies expenses 30 Office supplies (adjusting entry) 3.980 46.403 48.000 874 235 590 3.046 .749 3.005 3.046 5.General journal Date Account and Explanation Post Ref.174 june june 30 profit and loss summary 310 30 retained earning (To close the balance of the Profit and Loss Summary account) 3. Debit Wages Expense 516 Rent Expense 540 Electricity Expense 541 Water Expense 542 insurance Expense 543 Office Supplies Expense 544 Salary Expense 545 Depn Expense: Cash Registers 560 Depn Expense: Store Fixtures 561 Interest Expense 571 Bank Charges 572 Discount Allowed 572 (Closing entry to debit the Profit and Loss Summary account) cost of goods sale june 30 sales revenue 400 discount received 402 interest revenue 403 purchase return and allowance profit and loss summary (closing entry to credit the profit and loss summary account) 12.370 66 335 1.S1) Credit 3.200 156 366 275 5 284 12. General journal Date Account and Explanation Post Ref. COFFEE CAFÉ SUPPLIER .S1) Debit Credit .AUSTRALASIAN EDITION 3 (PCA3e. S1) Debit Credit . COFFEE CAFÉ SUPPLIER .General journal Date Account and Explanation Post Ref.AUSTRALASIAN EDITION 3 (PCA3e. COFFEE CAFÉ SUPPLIER .S1) Debit Credit .General journal Date Account and Explanation Post Ref.AUSTRALASIAN EDITION 3 (PCA3e. Jandesh's Hot Spot 110-5 ARC . 201 110-3 202 110-6 203 110-5 204 110-6 Amount 1.Jandesh's Hot Spot Total Post Reference COFFEE CAFÉ SUPPLIER .Sales journal Date June June June June Account 7 12 17 24 110-3 ARC .Revamp Coffee Carts 110-6 ARC .060 470 4.S1) Invoice Post Ref.AUSTRALASIAN EDITION 3 (PCA3e.449 400 .435 484 2.SloZone 110-6 ARC . No. Abejundio Coffee 210-1 APC .n/30 Total Post reference COFFEE CAFÉ SUPPLIER .Buena Vista Coffee Terms Post Ref. net 30 2/10.Brazil Imports Group 210-4 APC .S1) 210-3 210-1 210-4 Amount 160 200 155 515 500 .AUSTRALASIAN EDITION 3 (PCA3e.Purchases journal Date june june june Account 1 1 30 210-3 APC .n/30 2/10. 629 -300 235 105.844 10.081 9.961 284 2.701 6.921 400 8.592 3.961 2.AUSTRALASIAN EDITION 3 (PCA3e.926 110 x 55.798 100 Credit Discount Allowed Sales Revenue Accounts Receivable Other Accounts 55.560 10.081 9.701 6.Quick Bolt Coffee 30 Sales Revenue 30 110-6 ARC .658 300 2.000 5.629 -300 235 284 402 41.Central Coffee 11 Sales Revenue 18 Sales Revenue 19 110-6 ARC .Cash receipts journal Debit Date june June june june june june june june june june june june Account 1 bank loan 4 Sales Revenue 9 110-1 ARC .Jandesh's Hot Spot 21 110-3 ARC .000 5.SloZone 25 Sales Revenue 30 110-4 ARC .235 .658 300 2.381 9.592 3.381 9.Jandesh's Hot Spot 30 403 Interest Revenue Post Ref. x 400 110-1 400 400 110-6 110-3 400 110-4 400 110-6 403 Total Post Reference COFFEE CAFÉ SUPPLIER .S1) Cash at Bank 55. 413 500 220 3.200 5 38 28 31.425 516 545 572 5.Cash payments journal Date June june June June June June June June June june Check No. Account 2 210-2 APC .395 210 220 500 x 15.S1) Accounts Payable Credit Purchases Other Accounts 3.Abejundio Coffee 29 516 Wages Expense 30 545 Salary Expense 30 572 Bank Charges Debit Post Ref.AUSTRALASIAN EDITION 3 (PCA3e. 903 210-2 904 210-4 905 906 210-5 907 908 210-1 909 210-3 910 911 x Total Post reference COFFEE CAFÉ SUPPLIER .439 100 66 573 . 2 210-4 APC .385 220 3.144 516 5.632 3.582 5.200 5 15.103 3.103 3.East Tangiers Co-op.743 1.Buena Vista Coffee 4 Purchase 13 210-5 APC .425 5.890 Cash at Bank Discount Received 3.Brazil Imports Group 27 210-3 APC .144 5.Klam Wholesalers 15 516 Wages Expense 26 210-1 APC .781 1.632 3.582 5. AUSTRALASIAN EDITION 3 (PCA3e. Debit Credit 31 Balance Balance 3.SloZone Account No.881 dr 3.Central Coffee Account No.S1) .881 Dr Account: ARC . Debit CRJ Credit 2. 110-1 Date May June Description 31 Balance 9 Repayment Ref.844 Balance 2.579 dr 2.435 1.381 dr 0 0 COFFEE CAFÉ SUPPLIER . 110-2 Date May Description Ref.198 2.144 Dr 3. 110-3 Date May June June June 31 Balance 7 credit Sales 11 sales return 21 repayment Description Ref.381 Balance 2. SJ GJ CRJ Debit Credit 1.844 Dr 0 0 Account: ARC .Con's Coffee Account No.Accounts receivable subsidiary ledger Account: ARC . Jandesh's Hot Spot Account No. 110-6 Date May June June June June Description 31 balance 12 credit sale 19 repayment 24 credit sales 30 dishonoured cheque Ref.701 dr 0 0 Account: ARC .Quick Bolt Coffee Account No.060 dr 2. Debit CRJ Credit 3.AUSTRALASIAN EDITION 3 (PCA3e. 110-5 Date May june Description 31 Balance 17 Credit sales Ref.S1) .060 Dr Account: ARC .Accounts receivable subsidiary ledger Account: ARC .Revamp Coffee Carts Account No. 110-4 Date May June Description 31 Balance 30 repayment Ref.701 Balance 3. SJ Debit Credit Balance 0 2. SJ CRJ SJ CRJ Debit Credit 484 300 470 300 Balance 0 484 Dr 184 dr 654 dr 954 Dr 954 Dr COFFEE CAFÉ SUPPLIER .060 2. 781 cr 0 3.632 Balance 3.Accounts payable subsidiary ledger Account: APC . 210-3 Date may june june june Description 31 Balance 1 credit purchase 18 Purchase return and allowances 27 repayment Ref.432 cr 3. Account No.S1) .Abejundio Coffee Account No.668 cr 4. 210-1 Date May june june Description 31 Balance 1 credit purchase 26 repayment Ref. PJ CPJ Debit Credit 200 3. PJ GJ CPJ Debit Credit 160 1.781 0 Account: APC . 210-2 Date May June Description 31 balance 2 repayment Ref.828 cr 3.425 Balance 4.403 3.AUSTRALASIAN EDITION 3 (PCA3e.632 cr 0 0 Account: APC .425 cr 0 0 COFFEE CAFÉ SUPPLIER . CPJ Debit Credit Balance 3.Brazil Imports Group Account No.East Tangiers Co-op. 210-5 Date May June Description 31 balance 13 repayment Ref.Klam Wholesalers Account No.144 0 Account: APC . CPJ Debit Credit Balance 3.S1) . 31 Balance Debit Credit Balance 0 0 COFFEE CAFÉ SUPPLIER .144 cr 0 3. 210-4 Date May June June Description 31 balance 2 repayment 30 credit purchase Ref.413 cr 0 155 cr 155 cr Account: APC .Buena Vista Coffee Account No.AUSTRALASIAN EDITION 3 (PCA3e.Jordo Gourmet Coffee Account No.413 155 Balance 1.Accounts payable subsidiary ledger Account: APC . CPJ PJ Debit Credit 1. 210-6 Date May Description Ref. 275 Dr 103.General ledger Account: Cash at Bank Account No.449 8. GJ SJ CRJ 30 unadjusted balance COFFEE CAFÉ SUPPLIER .821 dr 6.895 Dr 6. 110 Date May June june june june Description 31 Balance 11 Sales return from slo zones 30 Total from Sales journal 30 Total from cash receipt journal Ref. Debit Credit 31 Balance Balance 20.895 Dr . Debit CRJ CPJ 105.439 30 unadjusted balance Balance 29.798 Credit 31.477 Dr 135.000 dr Account: ARC .198 4. 102 Date May Description Ref.Accounts Receivable Control Account No.570 Dr 11.372 Dr 15.000 Dr 20. 100 Date May June June Description 31 Balance 30 total from cash receipt journal 30 total from cash payment journal june Ref.836 Dr Account: Short-term Investments Account No.836 Dr 103.926 Balance 12.S1) Debit Credit 1.AUSTRALASIAN EDITION 3 (PCA3e. 083 Dr 3.S1) .857 Account: Office Supplies Account No.198 1.037 Balance 7.117 dr 60.046 dr COFFEE CAFÉ SUPPLIER . 112 Date May june Description 31 Balance 31 interest Ref.General ledger Account: Interest Receivable Account No.322 Dr 74. 130 Date May june Description 31 Balance 31 office supplies used Ref.AUSTRALASIAN EDITION 3 (PCA3e. GJ Debit Credit Balance 0 100 dr 100 100 dr Account: Inventory Account No.046 dr 3. 120 Date May Description 31 Balance sales return from sloZone purchase return to abejundio Ref.403 Balance 73. GJ Debit Credit 4.520 dr 73. GJ GJ Debit Credit 1. 000 dr 6.General ledger Account: Prepaid Rent Account No.000 Dr 3.360 dr 2.950 Dr 2.000 Balance 9.360 dr COFFEE CAFÉ SUPPLIER .000 dr Account: Prepaid Advertising Account No.000 Balance 6. Debit GJ Credit 3.000 Dr 6.000 dr Account: Prepaid Insurance Account No. 141 Date May june Description 31 Balance 30 advertising expense Ref. 142 Date May june Description 31 Balance 30 insurance expired-june Ref. 140 Date May june Description 31 Balance 30 rent expense Ref. Debit GJ Credit 3.AUSTRALASIAN EDITION 3 (PCA3e.S1) .000 dr 3. GJ Debit Credit 590 Balance 2. Debit GJ Credit 156 Balance 2.187 cr 2.000 Credit Balance 43.000 Dr 9. 150 Date May Description Ref.000 dr 43.187 cr Account: Store Fixtures Account No. 151 Date may june Description 31 balance 30 depriciation-one month Ref.S1) . 31 balance Debit 43.031 cr 2. 160 Date may Description Ref.AUSTRALASIAN EDITION 3 (PCA3e. Debit Credit 31 Balance Balance 9.General ledger Account: Cash Registers Account No.000 dr COFFEE CAFÉ SUPPLIER .000 dr Account: Accum Depn: Cash Registers Account No. 035 Cr 15.898 cr 13. 210 Date May June June June Description 31 Balance 18 Purchase Returns to abejundio coffee 30 total from purchase journal 30 total from cash payment journal Ref.320 cr 1. 220 Date may june Description 31 balance 30 wage expense Ref.Accounts Payable Control Account No.S1) . Debit Credit 13.438 Cr 15.320 Balance 0 1.403 PJ CPJ 515 15.320 cr COFFEE CAFÉ SUPPLIER . GJ Debit Credit 1.898 cr Account: APC .General ledger Account: Accum Depn: Store Fixtures Account No.550 Cr 155 Cr 155 cr Account: Wages Payable Account No.532 366 GJ Balance 13.AUSTRALASIAN EDITION 3 (PCA3e.395 unadjusted balance Balance 16.532 cr 13. 161 Date may june Description 31 balance 30 depriciation-one month Ref. Debit Credit 1. S1) .General ledger Account: Electricity Payable Account No. Debit GJ Credit 874 Balance 0 874 cr 874 cr Account: Water Payable Account No. GJ Debit Credit 275 Balance 0 275 cr 275 cr COFFEE CAFÉ SUPPLIER . 225 Date may june Description 31 balance 30 interest expense Ref. Debit GJ Credit 235 Balance 0 235 cr 235 cr Account: Interest Payable Account No. 222 Date may june Description 31 balance 30 water expense Ref. 221 Date may june Description 31 balance 30 electricity expense Ref.AUSTRALASIAN EDITION 3 (PCA3e. 401 3.000 Balance 0 55.000 cr Account: Retained Earnings Account No.000 Balance 80. 250 Date may june Description Ref. GJ 30 post closing balance COFFEE CAFÉ SUPPLIER .000 Cr 55.S1) Debit Credit 100.000 cr Account: Share Capital Account No.AUSTRALASIAN EDITION 3 (PCA3e.150 cr .000 cr 80. 300 Date may Description Ref.General ledger Account: Bank Loan Payable Account No.749 Balance 100.401 cr 104. Debit 31 balance Credit 80.150 cr 104. 301 Date may june june Description 31 balance 30 tranfer from profit and loss summary Ref. Debit 31 balance 1 loan payanle Credit 55. S1) Debit Credit 1. GJ GJ 30 post closing entry COFFEE CAFÉ SUPPLIER .174 3.370 30 post closing entry Balance 0 4.449 cr 46.198 Balance 0 1.AUSTRALASIAN EDITION 3 (PCA3e.947 cr 0 30 post closing balance 0 Account: Sales Revenue Account No.214 GJ GJ 43.214 dr 48.198 dr 0 0 .370 cr 0 0 Account: Sales Returns and Allowances Account No. 310 Date may june june june Description 31 balance closing entry to debit the profit and loss 30 summary closing entry to credit the profit and loss 30 summary 30 transfer to retained earning june Ref.947 3.921 46.General ledger Account: Profit and Loss Summary Account No.198 1. Debit Credit Balance 0 GJ 43. 400 Date May June June june Description 31 Balance 30 Total from Sales Journal 30 Total from cash receipt Journal 30 closing entry june Ref. SJ CRJ GJ Debit Credit 4.449 41. 401 Date May june june une Description 31 balance 11 sales return from slozone 30 closing entry Ref. AUSTRALASIAN EDITION 3 (PCA3e.S1) Debit Credit 515 Balance 0 515 cr . CPJ COFFEE CAFÉ SUPPLIER . CPJ GJ Debit Credit 66 66 30 post closing entry Balance 0 66 cr 0 0 Account: Interest Revenue Account No. 403 Date may june Description Ref. 500 Date may june Description 31 balance 30 total from cash payment journal Ref. 31 balance 30 interest received from bank accrued interest revenue closing entry CRJ GJ GJ june Debit Credit 235 100 335 30 post closing balance Balance 0 235 cr 335 cr 0 0 Account: Purchases Account No. 402 Date May june june Description 31 balance 30 total from cash payment journal 30 closing entry june Ref.General ledger Account: Discount Received Account No. 103 dr 10.005 dr 0 0 .000 dr 0 0 Account: Wages Expense Account No.AUSTRALASIAN EDITION 3 (PCA3e. Debit GJ Credit 1.320 12.005 Balance 0 5.685 dr 12.403 cr Account: Advertising Expense Account No. 501 Date may june Description 31 balance 18 purchase returrn to abejundio coffee Ref.General ledger Account: Purchase Returns and Allowances Account No. 511 Date Description may june june 31 balance 30 benefit consumed 30 closing entry june 30 post closing entry Ref.S1) Debit Credit 5.403 Balance 0 1.103 5. CPJ CPJ GJ 30 post closing balance COFFEE CAFÉ SUPPLIER .582 1. 516 Date May June June june june june Description 31 15 paid wages 29 paid wages 30 accrued wages 30 closing entry Ref.000 Balance 0 3. GJ GJ Debit Credit 3.000 3.403 cr 1. 540 Date may june june Description 31 balance 30 rent expired 30 closing entry june Ref.000 dr 0 0 Account: Electricity Expense Account No. 541 Date may june june Description 31 balance 30 accrued electricity expense 30 closing entry june Ref. 542 Date may june june june Description 31 balance 30 accrued water expense 30 closing entry Ref.AUSTRALASIAN EDITION 3 (PCA3e.000 3. GJ GJ Debit Credit 874 874 30 post closing balance Balance 0 874 dr 0 0 Account: Water Expense Account No. GJ GJ 30 post closing entry COFFEE CAFÉ SUPPLIER . GJ GJ Debit Credit 3.General ledger Account: Rent Expense Account No.000 30 post closing entry Balance 0 3.S1) Debit Credit 235 235 Balance 0 235 dr 0 0 . 545 Date May June june june Description 31 30 paid salary 30 closing entry Ref. 544 Date may june june Description 31 balance 30 supplies used 30 closing entry june Ref. CPJ GJ 30 post closing entry COFFEE CAFÉ SUPPLIER .046 3. 543 Date may june june Description 31 balance 30 insurance expired 30 closing entry june Ref.200 Balance 0 5.General ledger Account: Insurance Expense Account No.200 dr 0 0 .AUSTRALASIAN EDITION 3 (PCA3e.046 30 post closing entry Balance 0 3.S1) Debit Credit 5.200 5. GJ GJ Debit Credit 590 590 30 post closing balance Balance 0 590 dr 0 0 Account: Office Supplies Expense Account No. GJ GJ Debit Credit 3.046 dr 0 0 Account: Salary Expense Account No. GJ GJ Debit Credit 366 366 Balance 0 366 dr 0 0 Account: Interest Expense Account No. 560 Date Description may june june 31 balance 30 depriciation-one month 30 closing entry june 30 post closing balance Ref. GJ GJ 30 post closing balance COFFEE CAFÉ SUPPLIER .S1) Debit Credit 275 275 Balance 0 275 dr 0 0 . 561 Date Description may june june 31 balance 30 depriciation-one month 30 closing entry june 30 post closing balance Ref. GJ GJ Debit Credit 156 156 Balance 0 156 dr 0 0 Account: Depn Expense: Store Fixtures Account No. 571 Date may june june june Description 31 balance 30 accrued interest expenses 30 closing entry Ref.General ledger Account: Depn Expense: Cash Registers Account No.AUSTRALASIAN EDITION 3 (PCA3e. Debit CPJ GJ Credit Balance 5 5 30 post closing entry 0 5 dr 0 0 Account: Discount Allowed Account No.General ledger Account: Bank Charges Account No.S1) Debit Credit 284 284 Balance 0 284 dr 0 0 . 572 Date may june june Description 31 balance 30 transaction fee 30 closing entry june Ref. 573 Date may june june june Description 31 balance 30 total from cash receipt journal 30 closing entry Ref.AUSTRALASIAN EDITION 3 (PCA3e. CRJ GJ 30 post closing entry COFFEE CAFÉ SUPPLIER . 632 5.200 8.629 9. 908 unrepresented cheque no.Bank reconciliation statement Moondollars Bank Reconciliation Statement As at 30 June 20XX Balance as per Bank Statement Add:deposit in transit deposit in transit Total 103658 (Cr) 2.381 6.AUSTRALASIAN EDITION 3 (PCA3e.832 Adjusted Bank Balance 103836(cr) Balance as per Ledger Account 103836(dr) COFFEE CAFÉ SUPPLIER . 911 Total 3.010 112668(Cr) Less:unrepresented cheque no.S1) . 000 2.000 100.857 3.Moondollars .AUSTRALASIAN EDITION 3 (PCA3e.836 20.000 4.000 80.000 13.895 100 60857 3.000 55.046 3.320 874 235 275 Income Statement 2.322 7.895 100 73.360 9.Accounts Receivable Control 112 Interest Receivable 120 Inventory 130 Office Supplies 140 Prepaid Rent 141 Prepaid Advertising 142 Prepaid Insurance 150 Cash Registers 151 Accum Depn: Cash Registers 160 Store Fixtures 161 Accum Depn: Store Fixtures 210 APC .037 3.000 9.000 100.360 9.320 874 235 275 55.000 80.320 874 235 275 55.401 .046 3.000 590 2.000 80.187 43.000 6.000 100.836 20.Worksheet As at 30 June 20XX Acct.S1) Debit Credit Balance Sheet Debit Credit 103.836 20.187 43.000 Adjusted Trial Balance Debit Credit 103.000 6.898 155 1.401 13.000 2.000 6.000 6.532 155 366 43.000 6.898 155 1.000 1.083 6.401 COFFEE CAFÉ SUPPLIER .Accounts Payable Control 220 Wages Payable 221 Electricity Payable 222 Water Payable 225 Interest Payable 250 Bank Loan Payable 300 Share Capital 301 Retained Earnings Unadjusted Trial Balance Debit Credit Adjustments Debit Credit 103. 100 Cash at bank 102 Short-term Investments 110 ARC .000 2. Account Name No.000 3.031 156 13.000 2.950 9.895 100 60. 000 874 235 590 3.046 Credit Balance Sheet 1.403 3.000 12.749 258.S1) Debit 46.749 48.Moondollars .200 156 366 275 5 284 12.198 66 235 3.198 Profit/loss Totals Income Statement 1.Worksheet As at 30 June 20XX Unadjusted Trial Balance Acct.200 156 366 275 5 284 5.005 3.046 5.370 Credit 1.370 66 335 1.200 156 366 275 5 284 12.962 Debit Credit 46.403 COFFEE CAFÉ SUPPLIER .403 3.174 48.000 12.005 3.962 3.046 5.000 874 235 590 3.AUSTRALASIAN EDITION 3 (PCA3e. Debit 400 Sales Revenue 401 Sales Returns and Allowances 402 Discount Received 403 Interest Revenue 500 Purchases 501 Purchase Returns and Allowances 511 Advertising Expense 516 Wages Expense 540 Rent Expense 541 Electricity Expense 542 Water Expense 543 Insurance Expense 544 Office Supplies Expense 545 Salary Expense 560 Depn Expense: Cash Registers 561 Depn Expense: Store Fixtures 571 Interest Expense 572 Bank Charges 573 Discount Allowed Totals Credit Adjustments Debit Credit Adjusted Trial Balance Debit 46.174 258.000 12.095 3.094 .198 66 335 100 1. Account Name No.370 1.005 3.000 874 235 590 3. Buena Vista Coffee APC .060 954 Total 6.Con's Coffee ARC .881 2. APC .Schedule of accounts receivable Moondollars Schedule of Accounts Receivable As at 30 June 20XX Account No.Revamp Coffee Carts ARC .Jandesh's Hot Spot Credit ($) 3.Brazil Imports Group APC . n/30 0 0 155 . 110-2 110-5 110-6 Name Debit ($) ARC .Jordo Gourmet Coffee Total COFFEE CAFÉ SUPPLIER .AUSTRALASIAN EDITION 3 (PCA3e.Abejundio Coffee APC .East Tangiers Co-op. 210-1 210-2 210-3 210-4 210-5 210-6 Name APC .895 Schedule of accounts payable Moondollars Schedule of Accounts Payable As at 30 June 20XX Account No.S1) Debit ($) Credit ($) Terms 0 0 0 155 2/10.Klam Wholesalers APC . Moondollars Post-closing trial balance As at 30 June 20XX Account No.895 100 60.150 ` Total COFFEE CAFÉ SUPPLIER .000 2.000 13.000 2.000 6.857 3.S1) 258.AUSTRALASIAN EDITION 3 (PCA3e.320 874 235 275 55.187 43.094 . Name Cash at Bank Short-term Investments ARC .Accounts Receivable Control Interest Receivable Inventory Office Supplies GST Outlays Prepaid Rent Prepaid Advertising Prepaid Insurance Cash Registers Accum Depn: Cash Registers Store Fixtures Accum Depn: Store Fixtures APC .000 80.046 3.360 9.000 6.898 155 1.094 258.836 20.000 104.Accounts Payable Control Wages Payable Electricity Payable Water Payable Interest Payable Bank Loan Payable Share Capital Retained Earnings Debit ($) Credit ($) 103. 005 5.200 Financial and other expenses Interest Bank charges Total Financial expenses TOTAL EXPENSES COFFEE CAFÉ SUPPLIER .AUSTRALASIAN EDITION 3 (PCA3e.390 335 33.000 874 156 366 590 3.706 .370 Net sales revenue COST OF SALES GROSS PROFIT OTHER INCOME Interest revenue TOTAL INCOME EXPENSES Selling and distribution expenses Advertising expense Total Selling and Distribution Expenses Administrative expenses Electricity Depiciation on cash register Depriciation on store fixture Insurance Rent Water expense Wage Expense Salaries Total Admistrative Expenses 12.980 33.Moondollars Income Statement For the month ended 30 June 20XX INCOME Revenue sales revenue 46.426 275 5 280 25.725 3.000 3.000 235 12.S1) 22. S1) 8.PROFIT/(LOSS) BEFORE INCOME TAX COFFEE CAFÉ SUPPLIER .AUSTRALASIAN EDITION 3 (PCA3e.019 . 000 100.749 104.401 3.150 COFFEE CAFÉ SUPPLIER .AUSTRALASIAN EDITION 3 (PCA3e.S1) .000 80.Moondollars Statement of Changes in Equity For the month ended 30 June 20XX SHARE CAPITAL Opening balance 31 May 20XX Issue of share capital Closing balance 30 June 20XX RETAINED EARNINGS Opening balance 31 May 20XX Profit/(loss) for the period Dividend paid Closing balance 30 June 20XX 80. Moondollars Balance sheet As at 30 June 20XX ASSETS Current Assets Cash At Bank Short Term Investment ARC.000 2.895 100 60.000 -13.094 9.859 184.S1) 2.000 104.320 874 235 275 TOTAL CURRENT LIABILITIES Non-current Liabilities Bank Loan Payable TOTAL NON-CURRENT LIABILITIES TOTAL LIABILITIES NET ASSETS EQUITY Share Capital Retained Earnings TOTAL EQUITY COFFEE CAFÉ SUPPLIER .898 TOTAL NON-CURRENT ASSETS TOTAL ASSETS LIABILITIES Current Liabilities APC .Account Receviable Control Interest Receivable Inventory Office Supplies Prepaid Rent Prepaid Advertising Prepaid Insurance TOTAL CURRENT ASSETS Non-current Assets Cash Register Accum Depn : Cash Register Store Fixtures Accum Depn: Store Fixtures 103.046 3.AUSTRALASIAN EDITION 3 (PCA3e.Accounts Payable Control Wages Payable Electricity Payable Water Payable Interest Payable 35.857 3.000 55.915 242.187 43.009 155 1.000 57.000 6.859 55.150 184.360 206.000 -2.150 .000 6.836 20.150 80.