Max Supplies is a new start-up, sole-trader B2B organisation, offering an extensive range of office supplies including
tech-products, books and printing services, located in the South Melbourne, Australia. During the business setup
procedures in May 2019, they have registered for GST. All the transactions are in Australian Dollars.
You have been hired as a Junior Accountant to set up and record Max Supplies business transactions for the month
of May 2019 and then at the end, generate financial reports to complete a one-month accounting cycle. You should
be able to perform many activities in the Max Supplies business that are commonly performed by professional
accountants.
Reports Required
? Accounts Transactions Report for the month of May 2019
? Profit and Loss Statement for the month ended 31 May 2019
? Balance Sheet as at 31 May 2019

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