Record the chart of account reference number underneath each column to be posted to the general ledger then post the journal totals to the general ledger. Please note predictive text is available for the general ledger details fields. When posting totals to the Bank Account general ledger account from the Cash Payments Journal and the Cash Receipts Journal use the generic terms 'Payments' and 'Receipts' in the details field. When posting from the sales, purchases, cash payments and cash receipts journals, you must enter in the details the opposing debit/credits as per the column headings in the respective journals (e.g. When posting to Accounts Payable 200 from the Cash Payments Journal, the details field will be Bank Account/Discount Received/GST Paid (Outlays)).
SALES JOURNAL Page: 10 Date Invoice No. Account Terms Post Hire Service Freight Ref Income Lesson Income Collected GST Collected Accounts Receivable June 7 3358 Beach and Reef Holidays N30 BEAH 1,061.82 1,800.00 286.18 3,148.00 19 3360 Cairns Coral Divers 10/10, N30 CORD 2,016.00 1,080.00 309.60 3,405.60 26 3361 Adventure Tours N30 ADVT 720.00 1,200.00 192.00 2,112.00 3,797.82 4,080.00 787.78 8,665.60 PURCHASES JOURNAL Page: 11 Dat Invoice No. Account Terms Post Ref Other Freight Expense GST Paid (Outlays) Accounts Payable June 6 23116 Coral Divers Imports/Hire Equipment (Cost) 5/10, N30 CORI/170 2,390.91 99.09 249.00 2,739.00 17 2234 Louis Reevsby/Diving Instruction Charges N7 LOUR/670 1,258.18 125.82 1,384.00 26 9457 Diving DownUnder/Hire Equipment (Cost) N30 DDUR/170 1,500.00 50.00 155.00 1,705.00 5,149.09 149.09 529.82 5,828.00CASH PAYMENTS JOURNAL Page: 12 Debits Credits Date Account Cheque No. Post Accounts GST Paid (Outlays) Other Discount Ref Bank Account Petty Cash GST Paid Payable Received (Outlays) June 4 Telephone 1194 585 34.22 342.20 376.42 5 Louis Reevsby 1195 LOUR 960.00 960.00 12 Printing and Postage PC 655 5.45 54.55 60.00 12 One Stop Diving Shop 1196 ONES 2,400.00 2,400.00 12 Drawings 1197 315 3,028.00 3,028.00 14 Coral Divers Imports 1198 CORI 2,739.00 2,602.05 124.50 12.45 15 Staff Amenities PC 675 0.72 26.13 26.85 20 Motor Vehicle Expenses 1199 645 8.00 80.00 88.00 24 Petty Cash 1200 86.85 -86.85 24 Repairs and Maintenance 1201 665 32.00 320.00 352.00 25 Superannuateon Payable 1202 230 432.00 432.00 28 Cleaning 1203 610 10.00 100.00 110.00 28 Wages and Salaries 1204 690 4,600.00 PAYG Withholding Payable 220 -540.00 4,060.00 Bank Charges BS 605 14.70 14.70 Bank Loan BS 280 2,000.00 2,000.00 6,099.00 90.39 10,457.58 16,510.02 0.00 124.50 12.45CASH RECEIPTS JOURNAL Page: 14 Debits Credits Date Account Post Ref Bank Account Discount Given GST Collected Hire Service Income Lesson Income Accounts Receivable GST Collected Other June Cash Sale #3357 319.70 290.64 29.06 10 Beach and Reef Holidays BEA 1,320.00 1,320.00 17 Hire Equipment (Cost) 170 659.00 59.91 599.09 18 Cash Sale #3359 1,601.60 256.00 1,200.00 145.60 24 Coral Holiday Resort CORH 2,160.00 2,160.00 28 Cairns Coral Divers CORD 3,065.04 309.60 30.96 3,405.60 9,125.34 309.60 30.96 546.64 1,200.00 6,885.60 234.57 599.09 + +GENERAL JOURNAL Page: 20 Date Description Post Ref Debit Credit June 17 Accumulated Depreciation - Hire Equipment 171 465.00 Hire Equipment (Cost) 170 187.91 Profit on Sale of PPE 440 277.09 (Transfer profit on sale of ex hire equipment to Mark Allen) 27 Accounts Payable 200 165.00 Hire Equipment (Cost) 170 150.00 GST Paid (Outlays) 140 15.00 (Adjustment note #9462 from Diving DownUnder for the return of hire equipment)GENERAL LEDGER Name : BANK ACCOUNT* Acct NO. : 100 Date Details Post REF Debit Date Details Post REF Credit June Balance* 14, 532. 20| June Name : PETTY CASH ACCT NO. : 105 Date Details Post REF Debit Date Details Post Ref Credit June Balance 200. 00 Name : ACCOUNTS RECEIVABLE Acct NO.: 110 Date Details Post REF Debit Date Details Post REF Credit June Balance 5, 760.00| June $ Name : PREPAID INSURANCE ACCT NO. : 120 Date Details Post Ref Debit Date Details Post Ref Credit JUNE | 1 Balance 381 . 25Name : PREPAID RATES AND TAXES ACCT NO.: 130 Date Details Post REF Debit Date Details Post REF Credit June Balance* 164. 75 Name : GST PAID ( OUTLAY'S ) ACCT NO. : 140 Date Details Post REF Debit Date Details Post REF Credit I June Balance 1 , 905 . 75\\ June* $ $ $ Name : BUILDINGS AND IMPROVEMENTS ( COST ! ACCT NO . : 160 Date Details Post Ref Debit Date Details* Post REF Credit June \\ 1 Balance 350, 000. 00 Name : ACCUMULATED DEPRECIATION - BLOGS AND IMPROVEMENTS Acct NO . . 161 Date Details Post Ref Debit Date Details Post REF Credit June Balance 43, 750. 00Name : HIRE EQUIPMENT ( COST ) Acct NO. : 170 Date Details Post REF Debit Date Details Post REF Credit June Balance 108, 000 . 00\\ June $ Name : ACCUMULATED DEPRECIATION - HIRE EQUIPMENT ACCT NO.: 171 Date Details Post REF Debit Date Details Post REF Credit 57, 500. 00 I June $ June Balance* Name : MOTOR VEHICLES ( COST ) ACCT NO.: 180 Date Details Post REF Debit Date Details Post REF Credit June \\ 1 Balance 29, 900. 00 Name : ACCUMULATED DEPRECIATION - MOTOR VEHICLES ACCT NO. : 181 Date Details Post REF Debit Date Details Post REF Credit June | 1 Balance 8, 970. 00 Name : STORE EQUIPMENT ( COST ) Acct NO . : 190 Date Details Post REF Debit Date Details Post Ref Credit June Balance 14, 700. 00 Name : ACCUMULATED DEPRECIATION - STORE EQUIPMENT ACCT NO. : 191 Date Details Post Ref Debit Date Details Post Ref Credit June \\ 1 Balance 5, 515. 00Name: ACCOUNTS PAYABLE Acct No.: 200 Date Detai Post Ref Debit Date Details Post Ref Credit June June 1 Balance 5,824.00 Name: GST COLLECTED Acct No.: 210 Date Details Post Ref Debit Date Details Post Ref Credit June June 1 Balance 5,745.90 Name: PAYG WITHHOLDING PAYABLE Acct No.: 220 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 1,120.00 28 Name: SUPERANNUATEON PAYABLE Acct No.: 230 Date Details Post Ref Debit Date Details Post Ref Credit June June 1 Balance 432.00 Name: BANK LOAN Acct No.: 280 Date Details Post Ref Debit Date Details Post Ref Credit June 30 CPJ12 June 1 Balance 220,000.00 Name: CAPITAL Acct No.: 310 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 151, 156.00Name : DRAWINGS ACCT NO. : 315 Date Details Post REF Debit Date Details Post REF Credit June \\ 1 Balance 36 , 000. 00 $ Name : HIRE SERVICE INCOME ACCT NO. : 400 Date Details Post REF Debit Date Details Post REF Credit June Balance 122, 8.80. 00 Name : LESSON INCOME Acct NO. : 410 Date Details Post REF Debit Date Details Post REF Credit June \\ 1 Balance 25, 530.00 Name : DISCOUNTS RECEIVED ACCT NO. : 420 Date Details Post Ref Debit Date Details Post REF Credit June | 1 Balance 352. 10 Name : FREIGHT COLLECTED ACCT NO.: $30 Date Details Post REF Debit Date Details Post REF Credit June \\ 1 Balance 85. 00Name : PROFIT ON SALE OF PPE ACCT NO. : 440 Date Details Post Ref Debit Date Details Post REF Credit June Name : ADVERTISING ACCT NO. : 600 Date Details Post Ref Debit Date Details Post REF Credit June Balance 2, 150.00 Name : BANK CHARGES ACCT NO. : 605 Date Details Post Ref Debit Date Details Post REF Credit June Balance 112 . 30 Name : CLEANING ACCT NO. . 610 Date Details Post REF Debit Date Details Post REF Credit June Balance BOO. DO $ Name : DEPRECIATION Acct NO. : 615 Date Details Post REF Debit Date Details Post Ref Credit June \\ 1 Balance 35, 323. 00 Name : DISCOUNTS GIVEN Acct NO. : 620 Date Details Post Ref Debit Date Details Post REF Credit June $ Name : ELECTRICITY ACCT NO. : 625 Date Details Post Ref Debit Date Details Post Ref Credit June \\ 1 Balance 3 , 480. 50Name : FREIGHT EXPENSE ACCT No. : 630 Date Details Post REF Debit Date Details Post Ref Credit JUNE Balance 952. 35\\ Name : INSURANCE ACCT NO.: 635\\ Date Details Post REF Debit Date Details Post REF Credit June \\ 1 Balance 4, 193. 75\\ Name : INTEREST EXPENSE Acct NO . : 640 Date Details Post REF Debit Date Details Post REF Credit June \\ 1 Balance 14 , 002. 80 NAME : MOTOR VEHICLE EXPENSES ACCT NO. : 545 Date Details Post REF Debit Date Details Post REF Credit June Balance 2, 530. 00 Name : OFFICE SUPPLIES ACCT NO. : 650 Date Details Post Ref Debit Date \\Details* Post Ref Credit June Balance 1 18. 80 Name : PRINTING AND POSTAGE ACCT NO. : 655 Date Details Post REF Debit Date Details Post REF Credit June Balance 109. 10 Name : RATES AND TAXES ACCT NO. : 650 Date Details Post Ref Debit Date Details* Post REF Credit June\\ \\ 1 Balance 1 , 8 12 . 25Name : REPAIRS AND MAINTENANCE ACCT NO.: 565 Date Details Post Ref Debit Date Details Post Ref Credit June Balance 575. 00 $ Name : DIVING INSTRUCTION CHARGES Acct No. . 670 Date Details Post Ref Debit Date Details Post Ref Credit June Balance 13 , 710.00 $ Name : STAFF AMENITIES ACCT NO.: 575 Date Details Post Ref Debit Date Details Post Ref Credit June Balance 234. 70 Name : SUPERANNUATEION Acct No . : 680 Date Details Post REF Debit Date Details Post REF Credit JUNE Balance 1 , 404. 00 NAME : TELEPHONE ACCT NO. . 685) Date Details Post REF Debit Date Details Post REF Credit June Balance 1 , 137.40 $ Name : WAGES AND SALARIES Acct No.: 690 Date Details Post Ref Debit Date Details Post REF Credit June \\ 1 Balance 15, 500. 00
