LOVE IT AGAIN REVENUE 4000 REVENUE [H] 4020 Revenue: Donated Items 4040 Revenue: Purchased Clothing & Books 4080 Revenue: Other Purchases 4100 Revenue: Donations 4390 TOTAL REVENUE U >5500 COST OF GOODS SOLD [H 5510 Cost of Purchased Clothing & Books 5520 Cost of Other Purchases 5690 TOTAL COST OF GOODS SOLD U ASSETS 1000 CURRENT ASSETS [H] 1020 Bank: Love It Again [A] 1100 Cash on Hand [A] 1150 Total Cash [S] 1190 Prepaid Expenses 1200 Purchased Clothing 1210 Purchased Books 1220 Other Purchased Items 1300 Office Supplies 1310 Other Supplies 1320 T-shirts 1390 TOTAL CURRENT ASSETS U 1500 FIXED ASSETS [H] 1510 Fax/Telephone 1520 Computers 1530 Store Furniture & Shelving 1590 TOTAL FIXED ASSETS U LIABILITIES 2000 CURRENT LIABILITIES [H] 2100 Bank Loan 2200 A/P - Kids Stuff 2300 A/P - Kids In Motion 2350 A/P - Wearable Designs 2400 A/P - Places For Us 2550 GST Charged on Sales [A] 2560 HST Charged on Sales [A] 2570 GST Paid on Purchases [A] 2580 HST Paid on Purchases [A] 2590 GST/HST Owing/Refund [S] 2690 TOTAL CURRENT LIABILITIES U EQUITY 3000 EQUITY (H) 3560 Accumulated Surplus 3600 Net Income [X] 3690 TOTAL EQUITY U EXPENSE 5000 OPERATING EXPENSES [H] 5020 Rental Expense 5200 Supplies Used 5240 Postage Expense 5280 Maintenance Expenses 5300 Utilities Expenses 5320 Publicity & Promotion 5400 Wages - Manager 5420 Miscellaneous Expenses 5490 TOTAL OPERATING EXPENSES U 10 Funds Raised Form #FR-21-08 Dated August 16/21 Received $3 000 in donations to purchase new computer for store. Amount deposited to Bank: Love It Again. Purchase Invoice #DC-5306 Dated August 17/21 From Data Connections, $2 600 plus $338 HST for new computer with point-of- sale software. Invoice total $2 938. Terms: net 25 days. Create new account 2420 A/P - Data Connections. Cheque Purchase Invoice #P-44982 Dated August 17/21 From Pizzaz, $650 plus $84.50 HST to repair and repaint store sign replace the word Love with heart logo. Invoice total $734.50 paid by cheque #3423. SESSION DATE - AUGUST 28, 2021 Cash Purchase Invoice #PH-9976 Dated August 24/21 13 From Pizza House, $320 plus $41.60 HST for pizza and soft drinks to show appreciation to volunteers. Invoice total $361.60. Paid from Cash on Hand. Payment Cheque #3424 Dated August 26/21 To Wearable Designs, $576.30 in payment of account. Reference invoice #WD-2919 and #WD-1813. 14 20 22 Cheque Purchase Invoice #PFU-9328 Dated September 1/21 From Places For Us, $1 800 plus $234 HST for monthly rent. Invoice total $2 034 paid by cheque #3426. Terms: payable on first day of each month. Purchase Invoice #BC-18588 Dated September 2/21 From Bell Canada, $145 plus $18.85 HST for monthly telephone and Internet service. Invoice total $163.85. Terms: net 15. Payment Cheque #3427 Dated September 2/21 To Kids In Motion, $2 503 in full payment of invoice #KIM-10990 and #KIM- 8697 Payment Cheque #3428 Dated September 12/21 To Bell Canada, $163.85 in full payment of invoice #BC-18588. Funds Raised Form #FR-21-10 Dated September 13/21 Received $4 000 plus $520 HST for advertising on the charity's Web site. Total revenue received $4 520 deposited to Bank. Create new account: 4180 Revenue: Advertising 24 LOVE IT AGAIN REVENUE 4000 REVENUE [H] 4020 Revenue: Donated Items 4040 Revenue: Purchased Clothing & Books 4080 Revenue: Other Purchases 4100 Revenue: Donations 4390 TOTAL REVENUE U >5500 COST OF GOODS SOLD [H 5510 Cost of Purchased Clothing & Books 5520 Cost of Other Purchases 5690 TOTAL COST OF GOODS SOLD U ASSETS 1000 CURRENT ASSETS [H] 1020 Bank: Love It Again [A] 1100 Cash on Hand [A] 1150 Total Cash [S] 1190 Prepaid Expenses 1200 Purchased Clothing 1210 Purchased Books 1220 Other Purchased Items 1300 Office Supplies 1310 Other Supplies 1320 T-shirts 1390 TOTAL CURRENT ASSETS U 1500 FIXED ASSETS [H] 1510 Fax/Telephone 1520 Computers 1530 Store Furniture & Shelving 1590 TOTAL FIXED ASSETS U LIABILITIES 2000 CURRENT LIABILITIES [H] 2100 Bank Loan 2200 A/P - Kids Stuff 2300 A/P - Kids In Motion 2350 A/P - Wearable Designs 2400 A/P - Places For Us 2550 GST Charged on Sales [A] 2560 HST Charged on Sales [A] 2570 GST Paid on Purchases [A] 2580 HST Paid on Purchases [A] 2590 GST/HST Owing/Refund [S] 2690 TOTAL CURRENT LIABILITIES U EQUITY 3000 EQUITY (H) 3560 Accumulated Surplus 3600 Net Income [X] 3690 TOTAL EQUITY U EXPENSE 5000 OPERATING EXPENSES [H] 5020 Rental Expense 5200 Supplies Used 5240 Postage Expense 5280 Maintenance Expenses 5300 Utilities Expenses 5320 Publicity & Promotion 5400 Wages - Manager 5420 Miscellaneous Expenses 5490 TOTAL OPERATING EXPENSES U 10 Funds Raised Form #FR-21-08 Dated August 16/21 Received $3 000 in donations to purchase new computer for store. Amount deposited to Bank: Love It Again. Purchase Invoice #DC-5306 Dated August 17/21 From Data Connections, $2 600 plus $338 HST for new computer with point-of- sale software. Invoice total $2 938. Terms: net 25 days. Create new account 2420 A/P - Data Connections. Cheque Purchase Invoice #P-44982 Dated August 17/21 From Pizzaz, $650 plus $84.50 HST to repair and repaint store sign replace the word Love with heart logo. Invoice total $734.50 paid by cheque #3423. SESSION DATE - AUGUST 28, 2021 Cash Purchase Invoice #PH-9976 Dated August 24/21 13 From Pizza House, $320 plus $41.60 HST for pizza and soft drinks to show appreciation to volunteers. Invoice total $361.60. Paid from Cash on Hand. Payment Cheque #3424 Dated August 26/21 To Wearable Designs, $576.30 in payment of account. Reference invoice #WD-2919 and #WD-1813. 14 20 22 Cheque Purchase Invoice #PFU-9328 Dated September 1/21 From Places For Us, $1 800 plus $234 HST for monthly rent. Invoice total $2 034 paid by cheque #3426. Terms: payable on first day of each month. Purchase Invoice #BC-18588 Dated September 2/21 From Bell Canada, $145 plus $18.85 HST for monthly telephone and Internet service. Invoice total $163.85. Terms: net 15. Payment Cheque #3427 Dated September 2/21 To Kids In Motion, $2 503 in full payment of invoice #KIM-10990 and #KIM- 8697 Payment Cheque #3428 Dated September 12/21 To Bell Canada, $163.85 in full payment of invoice #BC-18588. Funds Raised Form #FR-21-10 Dated September 13/21 Received $4 000 plus $520 HST for advertising on the charity's Web site. Total revenue received $4 520 deposited to Bank. Create new account: 4180 Revenue: Advertising 24
