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Pete's Plumbing cover
Pete's Plumbing: An Accounting Practice Set
Abdel K Halabi, Monash University
Robyn Dyt, Monash University

Key Features


  • Based on a country plumbing business and includes both service and inventory aspects.

  • Includes full introductory information, eliminating the need for supplementary instructor notes.

  • Includes Microsoft® Excel worksheets, giving students the choice of completing the practice set either manually or by computer.

  • Uses a periodic inventory system.

  • Includes examples of electronic funds transfers.

  • Exposes students to collection and payment of Goods and Services Tax (GST).

  • First five documents are entered into the relevant Special Journals as worked examples.

  • Covers the following topics:

    • Original business documents
    • Double entry accounting
    • Chart of accounts
    • General and special journals
    • Petty cash book
    • General and subsidiary ledger accounts (in column format)
    • Accounts receivable and payable schedules
    • Bank reconciliation
    • Trial balance
    • Balance day adjustments
    • Closing entries
    • Worksheet preparation
    • The Statement of Financial Performance (previously known as the Profit and Loss Statement)
    • The Statement of Financial Position (previously known as the Balance Sheet)
    • The post-closing trial balance








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