Ledger & GST
Harbour Print Studio · GST 128-491-663 · Payments basis, 2-monthly
Chart of accounts
16 accounts
| Code | Name | Type | Tax rate | YTD |
|---|---|---|---|---|
| 200 | Printing & Decoration Sales | Revenue | GST on Income | $486,320.00 |
| 210 | Garment Sales | Revenue | GST on Income | $212,450.00 |
| 220 | Setup & Artwork Fees | Revenue | GST on Income | $38,940.00 |
| 310 | Garment Purchases | Direct Costs | GST on Expenses | $198,210.00 |
| 320 | Inks & Consumables | Direct Costs | GST on Expenses | $44,120.00 |
| 330 | Contract Decoration | Direct Costs | GST on Expenses | $21,890.00 |
| 425 | Freight & Courier | Expense | GST on Expenses | $18,640.00 |
| 445 | Power | Expense | GST on Expenses | $9,320.00 |
| 477 | Wages & Salaries | Expense | No GST | $214,800.00 |
| 610 | Accounts Receivable | Asset | No GST | $86,420.00 |
| 630 | Inventory — Garments | Asset | No GST | $61,240.00 |
| 090 | ANZ Business Account | Asset | No GST | $48,310.00 |
| 800 | Accounts Payable | Liability | No GST | $39,870.00 |
| 820 | GST Payable | Liability | No GST | $14,260.00 |
| 850 | Customer Deposits | Liability | No GST | $9,200.00 |
| 960 | Retained Earnings | Equity | No GST | $132,000.00 |