Draft AEUNT Financial Statements 2025
|
Adjustment |
Account Number |
Account Description |
Debit |
Credit |
Description |
|
1 |
13110 |
Furniture & Fixtures at Cost |
0.90 |
|
To adjust opening retained earnings to be in line with prior year closing balance. |
|
13310 |
IT Equipment at Cost |
|
0.54 |
||
|
13340 |
Inhouse Sofware |
|
1.45 |
||
|
13410 |
Motor Vehicles at Cost |
0.14 |
|
||
|
13341 |
Inhouse Software Accum Dep |
7.99 |
|
||
|
13120 |
Furniture & Fixtures Accum Dep |
|
1.58 |
||
|
38000 |
Retained Earnings |
|
5.46 |
||
|
2 |
21490 |
Accrued Wages EOY |
11,577.35 |
|
To reverse portion of accrued wages that related to annual leave loading payment. |
|
62020 |
Superannuation Guarantee |
|
1,236.88 |
||
|
62010 |
Salaries & Wages |
|
10,340.47 |
||
|
3 |
62011 |
Leave Movements Expense |
14,476.65 |
|
To recognise leave loading payment as part of provisions to be consistent with prior year. |
|
22010 |
Provision – Unused Annual Leave |
|
14,476.65 |
||
|
4 |
62011 |
Leave Movements Expense |
4,778.00 |
|
To adjust LSL provision to include Michelle Ayres. |
|
22100.1 |
Provision – Long Service Leave |
|
4,778.00 |
These draft financial statements also include the above audit adjustments.
