Debit Credit

Cash at Bank 16,595.00

Accounts Receivable 8,520.00
Prepaid Insurance 1,800.00
Aerial Photography Supplies 4,125.00
Aerial Photography Equipment: Original Cost 21,750.00
Accumulated Depreciation – Aerial Photography Equipment 4,350.00
Accounts Payable 7,704.00
Wages Payable
PAYG Withholding* 2,025.00
Loan Payable – Current 1,947.00
Tax Payable (GST Clearing) ** 1,619.00
Loan Payable - Non Current 4,025.00
Share Capital 21,000.00
Retained Earnings 4,554.00
Service Revenue 18,840.00
Aerial Photography Supplies Expense
Depreciation Expense – Aerial Photography Equipment
Insurance Expense
Interest Expense 114
Office Cleaning Expense
Rent Expense 2,200.00
Repair Expense 1,200.00
Staff Training Expense
Utilities Expense 3,560.00
Wages Expense 6,200.00
66,064.00 66,064.00
Accounts Receivables
Belle Rural Property Pty Ltd 11,300.00
Dalby Site Surveying Pty Ltd 1,500.00
Client Aerial Photography 2,000.00
Skymax Tour Pty Ltd 2,220.00
Total 17,020.00

Accounts Payable
AutoPilot Services Pty Ltd 3,590.00
Fastcraft Technology Pty Ltd 2,000.00
Mission Visuals Pty Ltd 2,352.00
Total 7,942.00
Cash at Bank
Accounts Receivable
Prepaid Insurance
Aerial Photography Supplies
Aerial Photography Equipment: Original Cost
Accumulated Depreciation – Aerial Photography Equipment
Accounts Payable
Wages Payable
PAYG Withholding*
Loan Payable – Current
Tax Payable (GST Clearing) **
Loan Payable - Non Current
Share Capital
Retained Earnings
Service Revenue
Aerial Photography Supplies Expense
Depreciation Expense – Aerial Photography Equipment
Insurance Expense
Interest Expense
Office Cleaning Expense
Rent Expense
Repair Expense
Staff Training Expense
Utilities Expense
Wages Expense
Debit Credit
19,233.00
17,020.00
1,800.00
4,125.00
21,750.00
4,350.00
7,942.00
2600
2,025.00
1,947.00
2,745.00
4,025.00
21,000.00
4,554.00
18,840.00
2125
35
300
114
400
2,200.00
1,200.00
10,034
3,560.00
6,200.00
80,062.00 80,062.00