2005

$

2005

$

Jun 1

Balance b/d

1,230

Jun 1

Balance b/d

100

Income & Expenditure a/c

69,826

Receipts a/c

70,066

2006

2006

May 31

Balance c/d

450

May 31

Balance c/d

1,340

71,506

71,506

2005

$

2006

$

Jun 1

Balance b/d

60

May 31

Income & Expenditure a/c

490

Payment a/c

500

Balance c/d

70

560

560

2005

$

2006

$

Jun 1

Balance b/d

210

May 31

Income & Expenditure a/c

1,370

Payments a/c

1,500

Balance c/d

340

1,700

1,710

2006

$

2005

$

May 31

Payments a/c

368

Jun 1

Balance b/d

67

Balance c/d

98

2006

May 31

Income & Expenditure a/c

399

466

466

2005

$

2006

$

Jun 1

Balance b/d

15,000

May 31

Income & Expenditure a/c ($ 45,000 x 30%)

13,500

2006

May 31

Payments a/c

30,000

May 31

Balance c/d

31,500

45,000

45,000