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 Ref Hire Service Income Lesson Income Freight Collected GST Collected Accounts Receivable June 7 3358 Sand and Surf Holidays N30 SANH 1,033.64 1,800.00 283.36 3,117.00 19 3360 Coastal Tours 10/10, N30 COAT 2,016.00 1,080.00 309.60 3,405.60 26 3361 Waterworld Sports N30 WATW 720.00 1,200.00 192.00 2,112.00 3,769.64 4,080.00 784.96 8,634.60 400 410 210 110 PURCHASES JOURNAL Page: 11 Date Invoice No. Account Terms Post Ref Other Freight Expense GST Paid (Outlays) Accounts Payable June 6 23116 Coastal Surf and Waves/Hire Equipment (Cost) 5/10, N30 COSW/170 2,363.64 98.18 246.18 2,708.00 17 2234 Max Holman/Surf Instruction Charges N7 MAXH/670 1,260.91 126.09 1,387.00 26 9457 Surf Apparel/Hire Equipment (Cost) N30 SURA/170 1,500.00 50.00 155.00 1,705.00 5,124.55 148.18 527.27 5,800.00 630 140 200 CASH PAYMENTS JOURNAL Page: 12 Debits Credits Date Account Cheque No. Post Ref Accounts Payable GST Paid (Outlays) Other Bank Account Petty Cash Discount Received GST Paid (Outlays) June 4 Telephone 1194 685 34.22 342.20 376.42 5 Max Holman 1195 MAXH 960.00 960.00 12 Printing and Postage PC 655 5.27 52.73 58.00 12 Surf's Up Wholesalers 1196 SURW 2,400.00 2,400.00 12 Drawings 1197 315 2,952.00 2.952.00 Coastal Surf 14 1198 COSW 2.708.00 2.572.60 123.09 12.31 and Waves 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 84.85 84.85 24 Repairs and Maintenance 1201 665 32.00 320.00 352.00 25 Superannuation 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 6,068.00 90.21 10,379.76 16,402.57 0.00 123.09 12.31 200 7 140 110 V 420 140 V CASH RECEIPTS JOURNAL Page: 14 Debits Credits Date Account Post Bank Ref Account Discount GST Given Collected Hire Service Income Lesson Accounts ST Income Receivable collected Other 317,60 288.73 28.87 1,320,00 1,320.00 660.00 60.00 600.00 June 1 Cash Sale #3357 Sand and 10 Surf SANH Holidays Hire 17 Equipment 170 (Cost) 18 Cash Sale #3359 Coastal 24 Beach COAS Resort Coastal Tours COAT 1,601.60 256,00 1,200.00 145.60 2,160,00 2,160.00 28 3,065.04 309.60 30.96 3,405.60 9,124.24 309.60 30.96 544.73 1,200.00 6,885.60 234.47 600.00 100 620 210 400 410 110 210 GENERAL JOURNAL Page: 20 Date Description Post Ref Debit Credit Accumulated June 17 Depreciation - Hire Equipment 171 461.00 Hire Equipment (Cost) 170 186.00 Profit on Sale of PPE 440 275.00 (Transfer profit on sale of ex hire equipment to Randall Smith) 27 Accounts Payable/Surf Apparel 200/SOUF 165.00 Hire Equipment (Cost) 170 150.00 GST Paid (Outlays) 140 15.00 (Adjustment note #9462 from Surf Apparel for the return of hire equipment) GENERAL LEDGER Name: BANK ACCOUNT Acct No.: 100 Date Details Post Ref Debit Debit Date Date Details Post Ref Credit June 1 Balance 14,632.20 June 28 V Name: PETTY CASH Acct No: 105 Date Details Post Ref Debit Debit Date Details Post Ref Credit June 1 Balance 200.00 Name: ACCOUNTS RECEIVABLE Acct No.: 110 Date Details Post Ref Debit Date Details Post Ref Post Ref Credit June 1 Balance 5,760.00 June V Name: PREPAID INSURANCE Acct No.: 120 Date Details Post Ref Debit Debit Date Details Post Ref Credit June 1 Balance 381.25 Name: PREPAID RATES AND TAXES Acct No.: 130 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 164.75 Name: GST PAID (OUTLAYS) Acct No.: 140 Date Details Date Post Ref Debit Date Details Post Ref Credit June 1 Balance 1,905.75 June V V v V Name: BUILDINGS AND IMPROVEMENTS (COST) Acct No.: 160 Date Details Post Ref Debit Date Details Post Ref Credit Credit June 1 Balance 350,000.00 Name: ACCUMULATED DEPRECIATION - BLDGS AND IMPROVEMENTS Acct No.: 161 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 43,750.00 Name: HIRE EQUIPMENT (COST) Acct No.: 170 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 108,000.00 June v V Name: ACCUMULATED DEPRECIATION - HIRE EQUIPMENT Acct No.: 171 Date Details Post Ref Debit Date Details Post Ref Credit June June 1 Balance 67,500.00 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 Debit Date Details Post Ref Credit Credit June 1 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 6,615.00 Name: ACCOUNTS PAYABLE Acct No: 200 Date Details Post Ref Post Ref Debit Date Details Post Ref Credit June v June 1 Balance 5.824.00 V Name: GST COLLECTED Acct No.: 210 Date Details Post Ref Debit Date Details Post Ref Post Re Credit June V June 1 Balance 5.745.90 v Name: PAYG WITHHOLDING PAYABLE Acct No.: 220 Date Details Post Ref Debit Post Ref Credit Date Details June : Balance 1.120.00 28 V Name: SUPERANNUATION PAYABLE Act No.: 230 Date Details Post Ret Post Ref Debit Date Details Post Credit Ref June V v 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 151,156.00 Name: 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 1 Balance 122,880.00 Name: LESSON INCOME Acct No.: 410 Post Date Details Debit Date Details Post Ref Credit Ref June 1 Balance 25,530.00 V Name: DISCOUNTS RECEIVED Acct No.: 420 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 392.10 V Name: FREIGHT COLLECTED Acct No.: 430 Post Date Details Debit Date Details Ref Post Ref Credit June 1 Balance 85.00 Name: 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 1 Balance 2.150.00 Name: BANK CHARGES Acct No.: 605 Date Details Post Ref Debit Date Date Details Post Ref Credit June 1 Balance 112.40 30 Name: CLEANING Acct No.: 610 Post Date Details Post Ref Debit Date Details Credit Ref June 1 Balance 800.00 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 3,480.50 Name: FREIGHT EXPENSE Acct No.: 630 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 962.35 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.: 645 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 2,530.00 Name: OFFICE SUPPLIES Acct No.: 650 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 118.80 Name: PRINTING AND POSTAGE Acct No.: 655 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 109.10 Name: RATES AND TAXES Acct No.: 660 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 1,812.25 Name: REPAIRS AND MAINTENANCE Acct No.: 665 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 675.00 Name: SURF INSTRUCTION CHARGES Acct No.: 670 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 13,710.00 Name: STAFF AMENITIES Acct No.: 675 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 234.70 Name: SUPERANNUATION Acct No.: 680 Post Date Details Debit Date Details Post Ref Credit Ref June 1 Balance 1,404.00 Name: TELEPHONE Acct No.: 685 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 1,137.40 Name: WAGES AND SALARIES Acct No.: 690 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 15,600.00