Pay from Account: 1-1110 ANZ Bank Balance: $1,530,577.55 Group with Electronic Payments: Tax Indusive Card: Cheque No.: 58 Date: 20/07/20 18 $83, 130.00 Payee: Amount: Eighty Three Thousand One Hundred and Thirty Dollars and 0 Cents Computer World Australia Pty Ltd Memo: Paid Australian Tax Office Tax Acct No. Name Amount Job Memo 2-1310 GST Collected $87,450.00 N-T 2-1320 GST Paid -$20,000.00 N-T 2-1420 PAYG Withholding Pay $15,680.00 N-T
Pay from Account: 1-1110 ANZ Bank Balance: $1,530,577.55 Group with Electronic Payments: Tax Indusive Card: Cheque No.: 58 Date: 20/07/20 18 $83, 130.00 Payee: Amount: Eighty Three Thousand One Hundred and Thirty Dollars and 0 Cents Computer World Australia Pty Ltd Memo: Paid Australian Tax Office Tax Acct No. Name Amount Job Memo 2-1310 GST Collected $87,450.00 N-T 2-1320 GST Paid -$20,000.00 N-T 2-1420 PAYG Withholding Pay $15,680.00 N-T
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
(a) Describe the detail of the transaction being performed in the following screen.
(b) Give the
Transcribed Image Text:Print -
Journal
Register
Pay from Account: 1-1110 ANZ Bank
Balance: O
$1,530,577.55
Group with Electronic Payments:
Tax Indusive
Card:
Cheque No.: 58
Date: 20/07/2018
Payee:
Amount:
$83,130.00
Eighty Three Thousand One Hundred and Thirty Dollars and 0 Cents
Memo: Paid Australian Tax Office
Computer World Australia Pty Ltd
Acct No.
Name
Amount
Job
Memo
Тах
2-1310
GST Collected
$87,450.00
N-T
2-1320
GST Paid
-$20,000.00
N-T
2-1420
PAYG Withholding Pay
$15,680.00
N-T
Total Allocated:
$3,130.00
Tax:
$0.00
Cheque Already Printed
Total Paid:
$83, 130.00
Remittance Advice Delivery Status:
Out of Balance:
$0.00
To be Printed
Save as Recurring
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