Hi,
Can you please help me with the answer of Task 2d, 2e, 2f, 2i.
Please find my attached jpg for the Task 2 Details below.
Many thank.
Task 2 Scenario: Bella's Bob Hair Salon provides hairdressing services to clients, as well as selling specialised hair products such as shampoos, hair treatments, styling products to both clients and the general public. You have just been contracted by Bella's Bobs Hair Salon as their junior accountant/bookkeeper. Bella has been keeping the tax invoices, adjustment notes and receipts to manage and produce reports. Using the source documents on the following pages record correct entries and prepare the ollowing: ) Sales Distribution Journal b) Cash Receipts Journal c) Accounts Receivable subsidiary ledgers d) Accounts Receivable Control Account in the general ledger e) Listing/schedule of accounts receivable f) Aged analysis of accounts receivable g) List at least 4 key points how bad debts can be well- documented debt recovery plan. nised by managing a List at least 2 points that are correct practice to identify, investigate and rectify if you receive in rrect invoice from your supplier. Debt collection policy Bella's Bobs Hair Salon has established its own Code of Practice in relation to debt collection policy, which satisfies the industry compliance re procedures: The debt collection procedure by applying the Company's Credit Policy and ccounts over 30 days due hone customer to enquire why account is still outstanding f no response within one week send collection letter Accounts over 60 days due Send Collection letter 2 May stop delivery of goods to Customer Accounts over 90 days due send Collection letter 3. If no response within one week delivery of any goods to Customer Other required information: Customer Opening Balances Suzy's Supermodels 0/06/2018 Invoice 654 - $980 4/06/2018 Invoice 655 - $320 Golden Oldies Retirement Homes 05/07/2018 Invoice 325 - $700 Additional information: The business had more cash sales to be recorded in the cash receipts journal Cash sales include GST. Cash sales 02/08/18 $650.00 Cash sales 12/08/18 $510.50 Cash sales 19/08/18 $430.00 Sales tax invoices (Credit sales): Bella's Bob Forester, NSW 2428 Bill To ABN: 99 777 959 633 Suzy's Supermodels suzysmodels@optus.com Tax Invoice 101 Product Quantity wardle Shampoo Unit Price Normal Hair Spray $ 38 35.00 25 825 00 Flexible Hair Spray Total Due 33.00 $ 385.00 396.00 GST Included 860.00 $ 260.00 934 Peel Stree Forester, NSW 2428 ABN: 99 777 959 633 Bill To: Golden Oldies Retirement Homes golden @dodo.com Tax Invoke Date 102 Product dies Cu Unit Price 1208/2015 Mens Cut $ 33.00 Quantity Total $ 22.00 $ 396.00 Permanent Colour $ 77.00 $ 176.0 $ 770.00 Total Due 1,342.00 GST Included 122.00 Bella's Bob 934 Peel Street Forester, NSW 2428 ABN: 99 777 959 633 Bill To: Suzy's Supermodels suzysmodels@optus.com Date 15/08/2018 Product Unit Price 22.00 Quantity Total Hairy Shampoo Hairy Conditioner 22.00 $ 220.00 Wattle Shampoo $ 49.50 33.00 $ 495.00 Wattle Conditioner $1,155.00 Wattle Treatment $ 33.00 $ 55.00 $1, 155.00 $ 825.00 Total Due GST Included $4,070.00 370.00 Bella's Bob 934 Peel Street Forester, NSW 2428 ABN: 99 777 959 633 Bill To: Golden Oldies Retirement Homes golden @dodo.com Tax Invoice Date 1908/2018 Product Unit Pri $ 33.00 Quantity Wattle Shampoo $ 33.00 $ 330.00 Wattle Conditioner Wattle Treatment $ 330.00 Wattle highlights $ 55.00 $ 68.00 $ 550.00 $ 660.00 Total Due $1.870.00 GST included $170.00 Adjustment Notes: Bella's Bob 934 Peel Street Forester, NSW 2428 ABN: 99 777 959 633 Bill To: Suzy's Supermodels suzysmodels@optus.com Adjustment Note AN 101 09/08/2018 Product Unit Price Wattle Shampoo 33.00 Quantity Total $99.00 Hair Wax 33.00 $66.00 Total Due $165.00 GST Included $15.00 Receipts: RECEIPT OF ACCOUNT Suzy's Supermodels Date: 04/08/2017 Invoice 654 Total Less Discount (GST Included) 60.00 Invoice 655 320.00 Less Discount (GST Included) 909 TOTAL RECEIPT OF ACCOUNT ate: 07/08/2018 olden Oldies Retirement Homes voice 325 $ 500.00 TOTAL 500.09
