| |
Solution 7.3
Sales Journal
|
|
|
Net
€ |
VAT
€ |
Gross
€ |
|
Jun-01 |
Fitness
clubs |
3,000 |
630 |
3,630 |
|
Jun-05 |
Slender
Hips |
1,500 |
315 |
1,815 |
|
Jun-24 |
Fitness
Clubs |
2,000 |
420 |
2,420 |
|
|
|
6,500 |
1,365 |
7,865 |
Purchases Journal
|
|
|
Net
€ |
VAT
€ |
Gross
€ |
|
Jun-09 |
JJ
Ltd |
1,000 |
210 |
1,210 |
|
Jun-19 |
TR
Ltd |
2,500 |
525 |
3,025 |
|
|
|
3,500 |
735 |
4,235 |
|
DR |
Cash
Book |
CR |
|
|
VAT € |
Cash € |
Bank € |
|
Vat € |
Cash € |
Bank € |
|
Sales
|
315 |
1,815 |
|
Purchases |
126 |
726 |
|
|
|
___
|
____
|
|
Accounting
fees |
420 |
2,420 |
|
|
|
525 |
3,025 |
|
|
546 |
3,146 |
|
|
DR |
Fitness
Clubs Ltd |
CR |
|
Jun-01 |
Sales
Journal |
3,630 |
|
|
|
|
Jun-24 |
Sales
Journal |
2,420 |
|
|
|
|
|
|
|
|
|
|
|
DR |
Slender
Hips Ltd |
CR |
|
Jun-05 |
|
1,815 |
|
|
|
|
|
|
|
|
|
|
|
DR |
JJ Ltd |
CR |
|
|
|
|
Jun-09 |
Purchases
Journal |
1,210 |
|
|
|
|
|
|
|
|
DR |
TR Ltd |
CR |
|
|
|
|
Jun-19 |
Purchases
Journal |
3,025 |
|
|
|
|
|
|
|
|
DR |
Sales Account |
CR |
|
|
|
|
|
Cash
book |
|
|
|
|
|
|
Sales
Journal |
6,500 |
|
|
|
|
|
|
|
|
DR |
Purchases
Account |
DR |
|
|
Cash
Book |
600 |
|
|
|
|
|
Purchases
Journal |
3,500 |
|
|
|
|
|
|
|
|
|
|
|
DR |
Accounting
Fees Account |
CR |
|
|
Cash
Book |
2,420 |
|
|
|
|
|
|
|
|
|
|
|
DR |
VAT Account |
CR |
|
|
Cash
Book |
546 |
|
Cash
Book |
315 |
|
|
Purchases
Journal |
735 |
|
Sales
Journal |
1,365 |
|
|
Balance
c/d |
399 |
|
|
____ |
|
|
|
1680 |
|
|
1,680 |
Balance
in the VAT account
|
VAT
on sales |
€1,680 |
|
VAT
on expenses |
€1,281 |
|
Due
to Revenue Commissioners |
€399 |
|
|
|
|