Journalise the transactions.

MBB CATERING SUPPLIES Ply. Ltd. aen: 780 088 423 290 ABN: 42 088 423 290 352 Boutique Boulevard Templestowe, 3107 SHARE CERTIFICATE This is to certify that Michael Bruce Brown is the holder of 12,000 ordinary shares in MBB Catering Supplies Pty. Ltd. on payment of $1 per share. Amount paid: $12,000 Date: 1 January 2020 OFFICE MEMORANDUM Date: 01/01/20 To: Michael Brown SUBJECT: 1.1 2. Michael Brown donated his motor vehicle to the firm. Original cost: $15,000. Current market value: $3,000 in exchange for ordinary shares @ $1 per share 3. Arranged an interest only loan with Grand Bank for $8,000; interest at 5% p.a.; payable quarterly. Principal amount to be repaid 31 December 2022. Loan amount deposited in account today. 4. Depreciate the vehicle equally over 10 years with no residual value. Signed: Michael Brown Tax Invoice KitchenAid Invoice No.: Date: Terms: PO #: 3403 03/01/2020 N30 1008 ABN 95 000 029 729 6-8 Billbrooke Close Cameron Park, NSW 2286 Phone: (02) 4902 6500 Sold To: MBB Catering Supplies 351 Boutique Blvd Templestowe, VIC 3107 Description Unit Price HD Mixer 450.00 Subtotal Total Amount $ 2700.00 2700.00 $2700.00 MBB CATERING SUPPLIES Tax Invoice Invoice No.: Date: Terms: PO #: 0002 15/01/2020 5/10, N30 EFT ABN 42 088 423 290 351 Boutique Blvd Templestowe, VIC 3107 Phone: (03) 9850 0351 Sold To: Organix Caf and Food Store 42 James Street Templestowe, VIC 3106 OTY Amount Description HD Mixer Price $950 Sale Amount: Freight: Total Amount: Paid Today: Balance Due: $950 $950 $0.00 $950 0.00 $950 GRAND BANK - Receipt 18 January 2020 6.21 pm Receipt number 4563 Amount $2250.00 From MBB Catering Supplies 07 4567 3482 9856 To Kitchen Aid EFT Tax Invoice ShelVING SOLUTIONS ABN 45 689 643 101 Unit 2 / 7 Minnie Street Belmore, NSW 2192 Invoice No.: Invoice Date: Terms: PO #: 0036897 18/01/2020 4/10, N30 2023 Sold To: MBB Catering Supplies 351 Boutique Blvd Templestowe, VIC 3107 QTY Item Description Amount S 4 4 4 Double-sided Flat Back Gondola Shelving Single-sided Flat Back Gondola Shelving Single-sided Peg Board Gondola Shelving Unit Price $ 205.00 105.00 95.00 Freight Total 820.00 420.00 380.00 100.00 1720.00 I BSB: 454-789 ACC#: 3456 0987 Note: Shelves delivered and installed on the same date MBB CATERING SUPPLIES Tax Invoice Invoice No.: Date: Terms: PO #: 0003 21/01/2020 5/10, N30 6487 ABN 42 088 423 290 351 Boutique Blvd Templestowe, VIC 3107 Phone: (03) 9850 0351 Sold To: The Tiki Room 18 Grand Blvd Montmorency, VIC 3094 Amount QTY 11 Description Ice Cream machine Price $1400 Sale Amount: Freight: Total Amount: Paid Today: Balance Due: $1400 $$1400 $0.00 $1400 0.00 $1400 GRAND BANK - Receipt 25 January 2020 8.32 am Receipt number 4565 Amount $1651.2 From MBB Catering Supplies 07 4567 3482 9856 To OZ Shelving Systems 454-789 Westpac Limited 0036897 #36897 5/10 OFFICE MEMORANDUM Date: 31/01/20 To: Accountant SUBJECT: End of month adjustments: Please attend to relevant adjustments to determine the profit or loss made in the first month of trading. Some adjustments relate to the invoices received but other adjustments that need to be considered are: 1. One of the ice cream machines cannot be sold unless we price it at $850 due to some damage that occurred in the storeroom 2. Wages owing to a part-time assistant is $600 3. All shelves are to be depreciated as a whole using straight-line method, at 20% p.a. 4. The Tiki Room settled their account in full on the 28th January. Signed: Michael Brown Grand Bank ABN 47 598 943 243 MBB Catering Supplies 351 Boutique Blvd Templestowe, VIC 3107 BSB No: Account No: Page: Date: 512-170 11595 1 of 1 31 January 2020 Balance $ Debit Credit S $12000.00 $8000.00 $15.00 $2350.00 01/01/20 01/01/20 01/01/20 02/01/20 14/01/20 14/01/20 18/01/20 | 21/01/20 25/01/20 28/01/20 Opening Balance Deposit Bank deposit Bank Fees - month EFTPOS Daily Reconciliation EFT #4562 EFT #4563 EFT #4564 EFT #4565 EFTPOS Daily Reconciliation $4100.00 $2250.00 $3960.00 $1651.20 $12000.00 $20000.00 $19985.00 $22335.00 $18235.00 $15985.00 $12025.00 $10373.80 $11703.80 $1330.00 OFFICE MEMORANDUM Date: 01/02/2020 To: Accountant SUBJECT: 1. Please ensure that the wages owing at the end of January are paid on the normal pay day 7th February 2. Placed purchase orders with Roband for Coffee Machines. Signed: Michael Brown Tax Invoice ROBAND Invoice No.: Date: Terms: 68723 06/02/2020 2/5,N/30 ABN 35 945 022 518 1 Inman Rd Cromer, NSW 2099 Phone: +61 2 9971 1788 Fax: +61 2 9971 1336 Sold To: MBB Catering Supplies 351 Boutique Blvd Templestowe, VIC 3107 QTY Description Unit Price Unit Price Amount S. Amoun S 5 Coffee Machine $620 $3100 Subtotal Total $3100 $3100 GRAND BANK - Receipt 08/02/2020 8.15 pm Receipt number 4566 Amount $3038 From MBB Catering Supplies 07 4567 3482 9856 To Roband Biller Code: 5248 Ref. 9301 Invoice no. 68723 Tax Invoice ROBAND Invoice No.: Date: Terms: 68915 09/02/2020 2/5,N/30 ABN 35 945 022 518 1 Inman Rd Cromer, NSW 2099 Phone: +61 2 9971 1788 Fax: +61 2 9971 1336 Sold To: MBB Catering Supplies 351 Boutique Blvd Templestowe, VIC 3107 QTY Description Drink Machine Unit Price $ $360 Amount $ $1440 Subtotal Total $1440 $1440 MBB CATERING SUPPLIES Tax Invoice Invoice No.: Date: Terms: 0004 11/02/2020 2/10, N30 ABN 42 088 423 290 351 Boutique Blvd Templestowe, VIC 3107 Phone: (03) 9850 0351 Sold To: Talking Parrot Cafe 45 Native Birds Street Warrandyte, VIC 3113 OTY 1. 1. Description Price Amount Ice Cream Machine $850 $850. Drink Machine $620 $620 Sale Amount: $1470 Total Amount: $1470 Paid Today: Balance Due: $1470 Note: we're selling the damaged ice cream machine from last month $0 OFFICE MEMORANDUM Date: 13/02/2020 To: Accountant SUBJECT: 1. Took vehicle to Doncaster Auto Repairs for fitting of new air conditioner, replacing the existing one which is broken. The new Air Conditioner is of the same brand and model as the old one. Invoice will be provided on completion of work. 2. Paid Michael for the following amounts: $70 petrol; $20 telephone expenses; $15 stationery expenses. 3. Transfer to Michael's personal account $600 as wage. Signed: Michael Brown |GRAND BANK - Receipt 13/02/2020 2.26 pm Receipt number 4567 Amount $705 From MBB Catering Supplies 07 4567 3482 9856 To Michael Brown 313-140 Mecu Limited 764831 OFFICE MEMORANDUM Date: 15/02/2020 To: Accountant SUBJECT: 1. We have decided to set up one coffee machine for company use. This coffee machine will not be sold but will be kept by the company. Signed: Michael Brown Tax Invoice Doncaster Auto Repairs 1001 Doncaster Road Doncaster, VIC 3108 Phone: (03) 9848 2222 Invoice No.: Date: Term: 3529 15/02/2020 N30 ABN 84 002 168 032 Biller Code: 5167 To MBB Catering Supplies Amount Description Fitting new air conditioner Parts Labour $165 $190 $355 MBB CATERING SUPPLIES Tax Invoice Invoice No.: Date: Terms: ABN 42 088 423 290 351 Boutique Blvd Templestowe, VIC 3107 Phone: (03) 9850 0351 Sold To: Cash Sale 0005 16/02/2020 COD L Q TY 2 Description Drink Machine | Price $620 Amount $1240 Sale Amount: Trade discount Total Amount: Paid Today: Balance Due: $1240 $30 $1210 $1210 0 OFFICE MEMORANDUM Date: 19/02/2020 To: Accountant SUBJECT: 1.Received $560 from the manager of Tranquil Deck for a consulting job which will take 20 working days starting on 4th March. Signed: Michael Brown GRAND BANK - Receipt 19/02/2020 7.23 pm Receipt number 4568 Amount $355 From MBB Catering Supplies 07 4567 3482 9856 To Doncaster Auto Repairs 313-140 Mecu Limited 54231789 #3529 MBB CATERING SUPPLIES Tax Invoice Invoice No.: Date: ABN 42 088 423 290 351 Boutique Blvd Templestowe, VIC 3107 Phone: (03) 9850 0351 Sold To: Cash Sales 0006 26/02/2020 COD Terms: L QTY Description HD mixer Coffee Machine Price $950 $1500 Sale Amount: Total Amount: Paid Today: Balance Due: Amount $950 $1500 $2450 $2450 $2450 $0 OFFICE MEMORANDUM Date: 29/02/2020 To: Accountant SUBJECT: 1.The manager of the Talking Parrot advised that the firm would not be able to pay their account owing to a fire at the premises and having no cash reserves to pay creditors. No insurance in place to cover the fire. 2. Wages owing to the assistant at the end of the month is $425 3. Take up other adjustments to accounts as per those at the end of January. 4. Coffee machine is to be depreciated at 40% pa reducing balance. Signed: Michael Brown Grand Bank ABN 47 598 943 243 MBB Catering Supplies BSB No: 512-170 351 Boutique Blvd Account No: 11595 Templestowe, VIC 3107 Page: 1 of 1 Date: Credit 29/02/2020 Balance Debit 01/02/2020 Opening Balance 11703.80 02/02/2020 Bank Fees - month 11688.80 07/02/2020 EFT MBB Salary 600 11088.80 08/02/2020 EFT #4566 3038 8050.80 13/02/2020 EFT #4567 705 7345.80 16/02/2020 1210 8555.80 19/02/2020 EFTPOS Daily Reconciliation EFTPOS Daily Reconciliation EFT #4568 560 9115.80 19/02/2020 8760.80 26/02/2020 EFTPOS Daily Reconciliation 2450 11210.80