myob 688157

MAA261 Financial Accounting ASSIGNMENT TWO Trimester 2, 2014 Part Three Proforma Family name:?First names:??Deakin ID:??Deakin Username:?? SPECIAL INSTRUCTIONS: Question 3 must be completed and submitted on this proforma. Please ensure that you understand the University rules on plagiarism – it must be your own work. Include your answer in sections provided You can create more lines on the journal entry tables etc. by placing the cursor at the end of a row and pressing return. Insert your name and Student ID in the footer. You are NOT to submit a hard copy (online submission only). TONY’S TELEVISIONS AN ACCOUNTING PRACTICE SET Tony’s Televisions Unadjusted Trial Balance As at 30th June 2014 Account Name?DR?CR??Cash at Bank?40,902???Office Supplies on Hand?1,790???Accounts Receivable?69,080???Allowance for Doubtful Debts????Inventory?105,400???Prepaid Advertising?1,200???Prepaid Insurance?4,000???Prepaid Rent?2,200???GST Paid?10,115???Motor Vehicles – at Cost?150,000???Accumulated Depreciation – Motor Vehicles????Furniture & Fittings?6,400???Accumulated Depreciation – Furn & Fittings??640??Office Equipment – as Cost?7,500???Accumulated Depreciation – Office Equipment??350??Accounts Payable??64,020??Telephone Payable????Electricity Payable????Interest Payable??250??GST Collected??17,160??PAYG Payable??900??Wages Payable????Bank Loan??30,000??Capital – T. Tomkins??147,282??Drawings – T. Tomkins?96,000???Income Summary Account????Sales??686,400??Sales Returns and Allowances?10,296???Discounts Allowed?12,355???Profit on Sale of Assets??3,000??Cost of Goods Sold?343,200???Discount Received??6,864??Inventory Losses????Advertising?19,600???Sub Total?880,038?956,866?? Tony’s Televisions Unadjusted Trial Balance Continued As at 30th June 2014 Account Name?DR?CR??Bad & Doubtful Debts Expense????Depreciation Expense – Motor Vehicles?6,000???Depreciation Expense – Furniture & Fittings????Depreciation Expense – Office…