Professional Documents
Culture Documents
General Journal
Explanatio
n
Explanatio
n
Explanatio
n
Accounting assumption
Explanation
Definition
General Journal
Explanatio
n
MATT’S MOWERS
Balance Sheet (extract) as at 30 April 2025
$ $
Current Assets
General Journal
Accounting assumption
Explanation
Explanatio
n
Explanatio
n
Explanatio
n
Assumption
Calculation
General Journal
BENANEE RUBBER
Balance Sheet (extract) as at 30 June 2025
$ $
Non-Current Assets
Calculation
a
Calculation
Depreciation of Computers $
General Journal
HEAVENLY DESIGNS
Balance Sheet (extract) as at 30 June 2026
$ $
Non-Current Assets
e
Qualitative characteristic
Explanation
f
Calculation
Year of purchase
Reason
Reason
Information
Justification
Calculation
Calculation
Photocopiers
Depreciation method
Justification
Office equipment
Depreciation method
Justification
Line A
Represents
Justification
Line B
Represents
Justification
Explanatio
n
General Journal
General Ledger
Van (A)
Explanatio
n
Explanatio
n
Calculation
Carrying value $
General Journal
General Ledger
Fittings (A)
Disposal of Fittings
Reason 2
TRIFFIC TOYS
Income Statement (extract) for quarter ended 31 March 2025
$ $
Other revenue
30 April 2025
Calculation
Accumulated depreciation $
Carrying value $
30 June 2025
Calculation
Accumulated depreciation $
Carrying value $
Explanatio
n
Calculation
Explanatio
n
VICKI’S VINYLS
Income Statement (extract) for October 2025
$ $
Other expenses
General Journal
Definition
General Journal
General Ledger
Van (A)
Disposal of Van
Bank
Date Cross-reference Amount $ Date Cross-reference Amount $
Definition
Cause 1
Cause 2
General Journal
General Ledger
Cash register
Bank
Explanatio
n
Explanatio
n
a/c
General Journal
KYABRAM KITES
Post-adjustment Trial Balance as at 30 June 2025
Total
$ $
Revenue
Gross Profit
Net Profit
Action 1
Action 2
Depreciation expense $
Profit: Higher (Lower)
Straight-line method: 7%
Calculation
Depreciation expense $
Profit: Higher (Lower)
Explanatio
n
Explanatio
n
KYABRAM KITES
Balance Sheet as at 30 June 2025
$ $ $ $
Current Assets Current Liabilities
Non-Current
Assets
Non-Current
Liabilities
Owner’s equity