BBK99E1 Basic Bookkeeping Level 1 F inal Exam - Practical Exam Answers.

BBK99E1 Basic Bookkeeping Level 1 F inal Exam - Practical Exam Answers. Balance forward Cr. 19,961.00 Jan. 23 GJ01 323.55 Cr. 19,637.45 Jan. 31 PJ01 19,829.03 Cr. 39,466.48 Jan. 31 CD03 19,829.03 Cr. 19,637.45 Feb. 28 PJ01 8,560.00 Cr. 28,197.45 Feb. 28 CD01 25,311.00 Cr. 2,886.45 XY Consumer Products GENERAL LEDGER 2050 Employment Insurance Payable Date 2003 Item Folio Debit Credit Dr. Cr. Balance Jan. 01 Balance forward Cr. 500.00 Jan. 31 GJ02 88.09 Cr. 588.09 Jan. 31 CD03 500.00 Cr. 88.09 Jan. 31 PRJ01 62.92 Cr. 151.01 Feb. 28 CD01 151.01 – Feb. 28 PRJ01 30.90 Cr. 30.90 Feb. 28 GJ01 43.26 Cr. 74.16 XY Consumer Products GENERAL LEDGER 2055 CPP Payable Date 2003 Item Folio Debit Credit Dr. Cr. Balance Jan. 01 Balance forward Cr. 618.00 Jan. 31 GJ02 128.30 Cr. 746.30 Jan. 31 CD03 618.00 Cr. 128.30 Jan. 31 PRJ01 128.30 Cr. 256.60 Feb. 28 CD01 256.60 – Feb. 28 PRJ01 62.82 Cr. 62.82 Feb. 28 GJ01 62.82 Cr. 125.64 XY Consumer Products GENERAL LEDGER 2060 Employees Federal Income Tax Payable Date 2003 Item Folio Debit Credit Dr. Cr. Balance Jan. 01 Balance forward Cr. 3,560.00 Jan. 31 CD03 3,560.00 – Jan. 31 PRJ01 255.25 Cr. 255.25 Feb. 28 CD01 255.25 – Feb. 28 PRJ01 122.15 Cr. 122.15 XY Consumer Products GENERAL LEDGER 2063 Employees Provincial Income Tax Payable Date 2003 Item Folio Debit Credit Dr. Cr. Balance Jan. 01 Balance forward Cr. 1,530.00 Jan. 31 CD03 1,530.00 – Jan. 31 PRJ01 96.60 Cr. 96.60 Feb. 28 CD01 96.60 – Feb. 28 PRJ01 46.35 Cr. 46.35 XY Consumer Products GENERAL LEDGER 2068 Employees Health Care Payable Date 2003 Item Folio Debit Credit Dr. Cr. Balance Jan. 01 Balance forward Cr. 144.00 Jan. 31 CD03 144.00 – Jan. 31 PRJ01 36.00 Cr. 36.00 Feb. 28 CD01 36.00 – Feb. 28 PRJ01 36.00 Cr. 36.00 XY Consumer Products GENERAL LEDGER 2075 Provincial Sales Tax Payable Date 2003 Item Folio Debit Credit Dr. Cr. Balance Jan. 25 GJ01 63.20 Dr. 63.20 Jan. 31 SJ01 1,136.13 Cr. 1,072.93 Jan. 31 CR01 1.60 Cr. 1,074.53 Feb. 28 SJ01 2,138.00 Cr. 3,212.53 XY Consumer Products GENERAL LEDGER 2080 GST Input Tax Credits Receivable Date 2003 Item Folio Debit Credit Dr. Cr. Balance Jan. 23 GJ01 21.17 Cr. 21.17 Jan. 31 PJ01 1,269.46 Dr. 1,248.29 Jan. 31 CD03 3.22 Dr. 1,251.51 Feb. 28 PJ01 560.00 Dr. 1,811.51 XY Consumer Products GENERAL LEDGER 2081 GST Payable Date 2003 Item Folio Debit Credit Dr. Cr. Balance Jan. 25 GJ01 55.30 Dr. 55.30 Jan. 31 SJ01 994.12 Cr. 938.82 Jan. 31 CR01 1.40 Cr. 940.22 Feb. 28 SJ01 1,870.75 Cr. 2,810.97 XY Consumer Products GENERAL LEDGER 2085 Payroll Clearing Date 2003 Item Folio Debit Credit Dr. Cr. Balance Feb. 28 CD01 413.95 Dr. 413.95 Feb. 28 CD01 378.54 Dr. 792.49 Feb. 28 CD01 380.53 Dr. 1,173.02 Feb. 28 PRJ01 1,173.02