INFORMATION PAGE Record all of the following transactions in the general journal. MEMORANDUM TO: Bill Bugnay From: Arif Chowdhury MEMO #112 December 1, 20XX Please issue me cheque to M. Lasker to cover his Spring Break Holidays airfare. The amount of $1680 is broken down as follows airfare is $1680 (5% GST included) (CHQ 2111) Please issue a cheque to Bath and Body Inc. for the new hot tube installed in my backyard on the weekend. The invoice for $2,835 includes the GST. (CHQ 2112) Thanks Dee MEMORANDUM TO: Bill Bugnay FROM: M. Lasker MEMO#113 December 1, 20XX Please issue a cheque to Burrio Fiesta for a deposit for our Christmas Party for $4000. Record this as a Deposit. (CHQ 2113) Thanks Bea MEMORANDUM TO: Bill Bugnay FROM: M. Lasker MEMO#114 December 1, 20XX We received a cheque from the lawyer for $1000000 that went into a 3% per annum 3 month term deposit for the sale of our building. Record the amount as a term deposit and as a gain/loss on disposal. The accountant said they will adjust at year end. The term deposit begins on December 1, and matures at the end of February 20XX+1 MEMORANDUM To: Bill Bugnay FROM: Arif Chowdhury MEMO#115 December 1, 20XX Please deposit the $50000 cheque into our bank account for the sale of our investment recording it as a gain/loss on disposal that the accountant said they will adjust at year end. (D/S#01-12) 6 NAME: TO: Bill Bugnay FROM: Arif Chowdhury MEMORANDUM A cheque was written to Hart Property Management for December totaling $12180 for the monthly office lease including the occupancy costs and the GST. (CHQ 2114) Record the expenses as Occupancy Costs and Separate out the GST. MEMO#116 December 1, 20XX Thanks East West College 3880 29 Street NE CALGARY, ALBERTA, T1Y6B6 INVOICE 12-1 TO: Limerick Corp. 2 3880 34 St NW East Brook, Alberta, Attention: llene Curan 21 Sessions Scheduled for December G.S.T Due this invoice December 1, 20XX $ 42,000.00 $ 2,100.00 $ 44,100.00 EAST WEST COLLEGE 3880 29 Street NE CALGARY, ALBERTA, TIY6B6 INVOICE 12-2 TO: ZARA INC. 8 North Nook Red Deer, Alberta, December 1, 20XX 30 Sessions Scheduled for December G.S.T. Due this invoice $ 60,000.00 $ 3.000.00 $ 63,000.00 EAST WEST COLLEGE 3880 29 Street NE CALGARY, ALBERTA, T1Y6B6 INVOICE 12-3 December 1, 20XX TO: New Gen Limited 4 Southview Street Airdrie, Alberta, Attention: I. MacFarlane 40 Sessions Scheduled for December G.S.T Due this invoice $ 80,000.00 $ 4,000.00 $ 84,000.00 NAME: EAST WEST COLLEGE 3880 29 Street NE CALGARY, ALBERTA, T1Y6B6 TO: ACCUTAX TAX CONSULTANTS INVOICE 12-4 December 1, 20XX 100 Eastern Manor Calgary, Alberta, W84 IIT Attention: Sara Bonsi 10 Sessions Scheduled for December G.S.T. Due this Invoice $20,000.00 $ 1,000.00 $ 21,000.00 EAST WEST COLLEGE 3880 29 Street NE CALGARY, ALBERTA, TIY6B6 TO: Sleepwell Bedding Corp INVOICE 12-5 December 1, 20XX 100 Western Way Calgary, Alberta, W84 IIT Attention: Weston Matt 25 Sessions Scheduled for December G.S.T. Due this Invoice $ 50,000.00 $ 2,500.00 $ 52,500.00 Training of Trainers Alberta 101 Beddington Ave Calgary, Alberta, TO: East West College 3880 29 Street NE CALGARY, AB TIY6B6 INVOICE 7888 December 5, 20XX 10 Trainers @ $1,500 each $ 15,000.00 Company Registration $ 3,000.00 $ 18,000.00 G.S.T. $ 900.00 Due this Invoice $ 18,900.00 Membership Year September 1, 2020-August 31, 2021. A cheque has been written (#2115) for this and should all be recorded as membership fees-Arif C. NAME: Lumberworld Inc 90 Forest Square Calgary, Alberta, GR8 4TB TO: EAST WEST COLLEGE 3880 29 STREET NE CALGARY, AB TIY6B6 Attention: Jag Manu December 5, 20XX Completion of leased Premises as per Contract INVOICE 7889 $ 90,000.00 G.S.T $ 4,500.00 $ 94,500.00 $ 55,000.00 $ 39,500.00 Less: Deposit Due this Invoice Thank you for your business! Ask about eco renovations & how they can help you save SSS!!! A cheque has been written (#2116) for $ 39,500 and $90,000 should all be recorded as leasehold Improvements- Arif C. Enbridge Inc. 200 Heidelberg CL Calgary, ALBERTA, 2B0 OKS TO: EAST WEST COLLEGE 3880 29 STREET NE CALGARY, Alberta, T1Y6B6 Course Manual SAGE 50 December 5, 20XX INVOICE 3763 2000 Manuals $15 each $ 30,000.00 GST $ 1,500.00 $ 31,500.00 High Arctic Inc. 1000 Castleridge Manor Calgary, Alberta TO: EAST WEST COLLEGE 3880 29 STREET NE CALGARY, Alberta, T1Y6B6 December 5, 20XX INVOICE 201 Course Manual QuickBooks 1000 Manuals $18 each GST $18,000.00 $ 900.00 $ 18,900,00 9 NAME: Onctolytics Biotech Ltd. 100 Panatella Heights Calgary, Alberta TO: EAST WEST COLLEGE 3880 29 STREET NE CALGARY, Alberta, T1Y6B6 December 5, 20XX INVOICE OIL-SLK2 Advertising Campaign to Medical Magazine (December) $ 900.00 GST $ 45.00 $ 945.00 HR Accountants 10 Mcknight Street Calgary, Alberta TO: December 5, 20XX East West College 3880 29 St NE Calgary, Alberta, T1Y6B6 INVOICE 12-86 Consultations Regarding Financial Consulting (GST Exempt) Tax and GST Matters $ 1,260.00 x (no GST) $ 840.00 G (Fully Taxable) $ 42.00 $ 2,142.00 GST MEMORANDUM TO: Bill Bugnay FROM: Arif Chowdhury MEMO #117 December 5, 20XX A cheque (#2117) was written to Mac Sporting Goods for $1,050 (including GST) for Mac Basketball Jerseys (Advertising & Promotion). Thanks, Arif C. MEMORANDUM TO: Bill Bugnay MEMO #118 FROM: Arif Chowdhury December 5, 20XX Please record these cheques for the following donations to these registered charities: $ 1,000.00 CHQ 2118 UCM Food Bank $3,000.00 CHQ 2119 Mercy Children's Hospital 10 NAME: $ 1,000.00 CHQ 2120 Alberta Children's Christmas Fund Thanks, Arif C. Mercer Inc. 1020 Cold Bay Simcoe, Alberta, TO: East West College 3880 29 Street NE Calgary, Alberta, T1Y6B6 INVOICE 68-636 December 8, 20XX Computer Repair 3 - Labor Parts $ 200.00 $ 300.00 $ 500.00 $ 25.00 $ 525.00 GST Take up to 30 days to pay! Mercer Inc. 1020 Cold Bay Simcoe, Alberta INVOICE 68-637 TO: EAST WEST COLLEGE 3880 29 Street NE Calgary, Alberta, T1Y6B6 December 8, 20XX 16 Portable Miracle White Boards $ 1175 each GST $ 18,800.00 $ 940.00 $ 19,740.00 Take up to 30 days to pay! 11 NAME: MEMORANDUM TO: Bill Bugnay FROM: Arif Chowdhury MEMO# 119 December 15, 20XX Please pay and record the 13 Contract Staff invoices (including mileages) that have been summarized for (details on an attached page) and record the 4 payroll cheques including holiday- pay (details on an attached page). We are doing the payroll early as we are closing down early for the holidays. Manual Bookkeeping Record the employers El and CPP liabilities Record the remittance of Payroll Liabilities to the receiver General for November & December (separately) Simply Accounting/ Quick Books Classes only Please remit all payroll deductions to date (November and December) but remit them separately. Cheque numbers 2138 &2139 respectively. Thanks Arif C. Instructors Name CHQ TOTAL Hours SUMMARY OF INSTRUCTIONAL HOURS FROM NOVEMBER 20- DECEMBER 15 2121 6 Subcontract TEACHING (INCL GST) 2,520 TOTAL 2122 2123 7 5 2,940 Travel Expense $ $ (NO DRIVEN GST) 36.00 134 67.00 250 125.00 MANUAL USED Sage 50 QuickBooks 2124 4 Al Moual ANNE Car BEN Lopez CHRIS Thon Corey Sanders EARL Grey JOE Ofodile MIKE Baker NICK Sanchez 2,100 $ CHQ AMT 2,556.00 3,007.00 2,225.00 1,743.00 150 175 0 2125 1,680 8 126 0 2126 63.00 0 7 3,360 520 2127 480 100 4 2,940 240.00 0 2128 118 5 59.00 1,680 2,100 328 200 175 2129 2130 0 MANNY Rai 4 164.00 110 3,600.00 2,999.00 1,844.00 2,155.00 1,732.00 0 4 1,680 55.00 100 P. BRANSTON POLLY Das 2131 104 0 5 1,680 52.00 125 2132 208 0 8 2,100 104.00 100 NOAH Trevor M. Lasker 1,784.00 2133 XXX 60 660 4 100 olol Arif C. 15 125 XXX 3,360 1,680 PAYROLL PAYROLL 64 0 15 Sessions Run 75 550 30.00 2,130.00 330.00 3,600.00 32.00 1,712.00 PAYROLL PAY ROLL PAYROLL PAY ROLL 520 100 101 660 0 375 3924 0 375 Used 0 0 -2275 November 20, 20XX Dec Purchased Untaught 31/12 -1,040 126 500 200 25 Nov 20, 20XX Dec Purchase Balance 31/12 2,000 1,000 225 160 NAME: BARB Star CHQ CRYSTAL Williams NOV RECEIVER GENERAL - PAYROLL REMITTANCES CPP Bill Bugnay El 60 TAX DEC Arif C. 80 CPP 30 260 M. Lasker 40 60 TAX 0 125 80 0 0 260 Employee Total 60 0 0 0 35 0 EMPLOYER SHARE 60 2,060 45 TOTAL 0 60 135 210 0 2,060 120 60 2,060 TOTAL AMOUNT 210 00 4,505 168 215 2,060 420 0 125 215 288 4,515 4,505 175 $5,213 430 0 300 4,515 (#2138) $5,245 Arif C. (#2139) DEC TOTAL GROSS 2000 24000 TEACH 6000 41200 CPP 60 720 TAX 2060 24720 M. LASKER DEC TOTAL TRAV 330 330 NET 6210 40090 GROSS 2000 24000 HOL PAY 80 960 CHQ 2134 BARB Star TEACH 6000 41200 DEC CPP 60 720 Payroll Information (May need to override calculations of Sage 50/QuickBooks) TAX 2060 24720 GROSS 2000 24000 TRAV 275 275 CPP 60 720 NET 6155 39155 HOL PAY 80 960 El 80 960 TAX 260 3120 CHQ 2136 NET 1600 19200 HOL PAY 80 960 2135 Bill Bugnay DEC TOTAL 1100 1100 35 35 45 45 135 135 885 88S 44 44 2137 NAM NO. 1238 December 10, 20XX LIMERICK CORPORATION Eastbrook, Alberta, PAY TO The ORDER OF EAST WEST COLLEGE ---Forty-Four Thousand One Hundred-- $ 44,100.00 -00/XX BANK OF MONTREAL EASTERBROOK, ALBERTA, 12311 6:3321:6710 Deposited today (Dec 15) on slip (#02-12) Dee NO. 6866 December 10, 20XX ZARA INC Northlands, Alberta PAY TO THE ORDER OF EAST WEST COLLEGE SIXTY THREE THOUSAND $ 63,000.00 00/XX DOLLARS Juston Milos North COLD BANK OF THE NORTH 99 North Next To NORTHLANDS, ALBERTA, T2B WRM 1 2331 6:4432163118 Deposited today (Dec 15) on slip (#02-12) Dee No: 4321 Sleepwell BEDDING CORP PAY TO THE ORDER OF East West College Fifty-Two Thousand Five Hundred $ 52,500.00 00/XX DOLLARS WEST BANK LIMITED 50 GoWest Walk Weston Center WESTWORLD, ALBERTA, W84 MEE 129111 2:11111:33310 Deposited today (Dec 15) on slip (#02-12) Dee Weatherton Golf Club Ltd. 1 Ground Gate Please pay immediately - Arif (# 2140 Calgary, Alberta Per the accountant GST is 100% recoverable on Xmas golf TO: Arif C. and M. Lasker December 15, 20XX INVOICE# 532 Corporate Winter Golfing League $6,000.00 GST $ 300.00 $ 6,300.00 16 NAME: Barrio Fiesta Inc. Please pay immediately - Dee (#2141) Alberta per the accountant GST is 100% recoverable on Xmas meals TO: East West College Alberta Attn: Arif C. and M. Lasker INVOICE 68 - 637 December 15, 20XX 65 Full Course Dinners @$44/Plate Facility Fee GST $ 2,860.00 $ 1,400.00 $ 4,260.00 $ 213.00 $ 4,473.00 $ 4,000.00 $ 473.00 Less Deposit Balance Owing ACCUTAX CONSULTANTS NO. PP 3322 675 Harbour Point Alberta, December 16, 20XX PAY TO THE ORDER OF EAST WEST COLLEGE $ 8,400.00 Eight Thousand Four Hundred 00/XX DOLLARS TD BANK 777 HUNTERHORN ALBERTA, 1 6661 6:66661:6616 Jone Jail Deposited today (Dec 18) on slip (#03-12) TECHSMART COMPUTING CORP 100 IT Lane CALGARY, Alberta, December 18, 20XX INVOICE 12-18-22 TO: EAST WEST COLLEGE I COMPUTER SERVER GST $ 4,000.00 (*) $ 200,00 $ 4,200.00 (#2142) Please pay immediately- ARIF. C. 17 MEMORANDUM TO: Bill Bugnay FROM: M. LASKER MEMO#121 December 18, 20XX THERE WAS A BUSINESS MEETING AND WE HAD LUNCH TOGETHER Anyway, the restaurant bill was $ 200+ GST of $10 + a tip of $40. Please reimburse me $ 250.00 today (#2143). Thanks Bea MEMORANDUM TO: BILL BUGNAY FROM: MLASKER MEMO#122 DECEMBER 18, 20XX Please pay monthly Income Tax Instalment of $2000(#2144) for December as Corporate Taxes Payable Thanks, M. Lasker MEMORANDUM TO: Bill Bugnay From: M. LASKER MEMO #123 December 18, 20XX Please pay the November 30th Balances owing in ACCOUNTS Payable. D2C CORPORATION (#2145) MERCER INC. (#2146) Thanks $ 12,600.00 $ 320.00 MEMORNDUM TO: Bill Bugnay MEMO#124 FROM: M. Lasker Please make the GST Remittances (normally monthly) the Receiver General for November (#2147) now as we will be closed until January 5, 20XX + 1. For Computer Software Applications: November Detail 1,000,000 $ 50,000 Sales for GST purposes 759,000 $ 37,950 Purchases for ITC purposes $ 12,050 (#2147) GST Owing (December 1 Balance carried Forward) Thanks Bea 18 NAME: TO: Bill Bugnay FROM: M. Lasker MEMORANDUM MEMO #125 December 18, 20XX For computer software Applications & Manual Bookkeeping: Prepare the Bank Reconciliation For Computer Software Applications Only: Please Print the T4 slips for the year Thanks EAST WEST COLLEGE Bank Reconciliation December 20XX Balance per bank statement Add Outstanding Deposits 210,500.00 00.00 210,500.00 10,500.00 200,000.00 1984 Less Outstanding Cheques Balance per General Ledger EAST WEST COLLEGE Bank Reconciliation December 20XX $256,001.00 Balance per bank statement Add Outstanding Deposits Less Outstanding cheques Date Feb 14 Dec 15 Dec 18 Dec 18 # 1984 2126 2142 2143 $ 10,500 2,999 4,200 250 17.949.00 238,052.00 Balance per General Ledger