I need help with these entries/invoices to put for QuickBooks ASAP PLS ...
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Accounting
I need help with these entriesinvoices to put for QuickBooks ASAP PLS th of last month Create Invoice Parsons Community Centre received weekly lawn maintenance times this month. You charged the regular price for each weekly visit. th of last month Create a credit memo Your contact at Barker Design emailed Jon and complained about the hedge trimming that she received. Jon decided to give her a credit of $ tax. Create a credit memo. th of last month Write cheque or Enter Expense Its an exciting day! Alice purchased a new Ford truck for the business. The truck cost $ tax. Green Tree Landscapes made a down payment of $ Theyre financing the rest of the cost. Theyve received a loan for the remainder amount from Ford Tip: Set up Ford Company as a supplier Setup the accounts to track the original cost and depreciation of the new asset. Write a cheque to pay for the asset Tip: Record the loan on the cheque a You can either do New Expense, or New Cheque b The Payee is Ford Company QuickAdd this supplier. c The Bank Account is: TCU Chequing d Payment date: th of last month est Category details: Use the following information to set up the Ford Truck on the st line: Account Type: Property, plant and equipment Detail Type: Vehicles Name: Ford Truck Number: Remember: Click the box to track Depreciation of this Asset Once youve set up the Truck account, make sure you choose the Original Cost account when you go back to the Expense or Cheque form. We paid tax for the truck. fnd Category details: Use the following information to set up the Ford Truck Loan on the nd line: Account Type: Longterm Liabilities Detail Type: Notes Payable Name: Ford Truck Loan Number: The amount is the total amount that we paid for the truck including tax minus the downpayment of and it is not taxable. Remember: Put a negative sign in front of this loan amount. g The total amount of the cheque should equal the amount of the downpayment. th of last month Transfer You need to take all the money from your office safe to the bank. Transfer the total amount of Cash on hand to the TCU Chequing account. Hint: The amount of the transfer should be $ #b th of last month Enter bills You received several bills dated the th of last month to cover the startup costs. Note: Nothing is a prepaid expense a Legal Ease sent you a bill for legal fees. The cost was $ tax. Hint: Set up a new expense account for Professional Fees. Account Type: Expenses, Detail Type: Legal and Professional Fees, Number: b Jane Wong sent you a bill for accounting fees. The cost was $ tax. Use Wong & Co as the Payee. Track it to Legal and professional fees. c Bain Business services helped you set up the business. They offer consulting services. Their fees were $ tax. Track it to Legal and professional fees. d You asked for bookkeeping consulting from Jennie Moore at Moore Details Bookkeeping. She was very generous with her time and sent you a bill for $ tax. Track it to Legal and professional fees. e Alice and Jon signed up for mobile phone service. They received a bill from Talk Mobility for $ tax. Track it to Utilities. th of last month Receive payment You received cheques from customers today. Receive the following payments to Cash on hand: a Parsons Community Centrepaid in full by cheque # b Robert Hitchcockthis customer $ of the outstanding invoice by cheque # c Barker Design you can see that they have a credit that needs to be applied to their account. Apply the credit memo from the th of last month to the outstanding invoice. Then enter cheque # for the balance owing. Hint: Confirm the Credit Memo is applied to the Invoice. th of last month Transfer You need to take all the money from your office safe to the bank. Transfer the total amount of Cash on hand to the TCU Chequing account. Hint: The amount of the transfer should be $ th of last month Create Invoice Create one invoice for each of the following customers who each received weekly lawn maintenance services last month. a Barker Design b White Wedding Chapel c Sheraton Cavalier Markham
I need help with these entriesinvoices to put for QuickBooks ASAP PLS
th of last month
Create Invoice
Parsons Community Centre received weekly lawn maintenance times this month. You charged the regular price
for each weekly visit.
th of last month
Create a credit memo
Your contact at Barker Design emailed Jon and complained about the hedge trimming that she received. Jon
decided to give her a credit of $ tax. Create a credit memo.
th of last month
Write cheque or Enter Expense
Its an exciting day! Alice purchased a new Ford truck for the business. The truck cost $ tax. Green Tree
Landscapes made a down payment of $ Theyre financing the rest of the cost. Theyve received a loan
for the remainder amount from Ford Tip: Set up Ford Company as a supplier Setup the accounts to track the
original cost and depreciation of the new asset. Write a cheque to pay for the asset Tip: Record the loan on the
cheque
a You can either do New Expense, or New Cheque
b The Payee is Ford Company QuickAdd this supplier.
c The Bank Account is: TCU Chequing
d Payment date: th of last month
est Category details:
Use the following information to set up the Ford Truck on the st line:
Account Type: Property, plant and equipment
Detail Type: Vehicles
Name: Ford Truck
Number:
Remember: Click the box to track Depreciation of this Asset
Once youve set up the Truck account, make sure you choose the Original Cost account when you go back to
the Expense or Cheque form.
We paid tax for the truck.
fnd Category details:
Use the following information to set up the Ford Truck Loan on the nd line:
Account Type: Longterm Liabilities
Detail Type: Notes Payable
Name: Ford Truck Loan
Number:
The amount is the total amount that we paid for the truck including tax minus the downpayment of
and it is not taxable.
Remember: Put a negative sign in front of this loan amount.
g The total amount of the cheque should equal the amount of the downpayment.
th of last month
Transfer
You need to take all the money from your office safe to the bank. Transfer the total amount of Cash on hand to
the TCU Chequing account. Hint: The amount of the transfer should be $ #b
th of last month
Enter bills
You received several bills dated the th of last month to cover the startup costs. Note: Nothing is a prepaid
expense
a Legal Ease sent you a bill for legal fees. The cost was $ tax. Hint: Set up a new expense account for
Professional Fees. Account Type: Expenses, Detail Type: Legal and Professional Fees, Number:
b Jane Wong sent you a bill for accounting fees. The cost was $ tax. Use Wong & Co as the Payee.
Track it to Legal and professional fees.
c Bain Business services helped you set up the business. They offer consulting services. Their fees were $
tax. Track it to Legal and professional fees.
d You asked for bookkeeping consulting from Jennie Moore at Moore Details Bookkeeping. She was very
generous with her time and sent you a bill for $ tax. Track it to Legal and professional fees.
e Alice and Jon signed up for mobile phone service. They received a bill from Talk Mobility for $ tax.
Track it to Utilities.
th of last month
Receive payment
You received cheques from customers today. Receive the following payments to Cash on hand:
a Parsons Community Centrepaid in full by cheque #
b Robert Hitchcockthis customer $ of the outstanding invoice by cheque #
c Barker Design you can see that they have a credit that needs to be applied to their account. Apply the
credit memo from the th of last month to the outstanding invoice. Then enter cheque # for the balance
owing. Hint: Confirm the Credit Memo is applied to the Invoice.
th of last month
Transfer
You need to take all the money from your office safe to the bank. Transfer the total amount of Cash on hand
to the TCU Chequing account. Hint: The amount of the transfer should be $
th of last month
Create Invoice
Create one invoice for each of the following customers who each received weekly lawn maintenance services
last month.
a Barker Design
b White Wedding Chapel
c Sheraton Cavalier Markham
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