Identify which command centre you will be using to enter in MYOB Transaction Source Document Command centre
Question:
- Identify which command centre you will be using to enter in MYOB
Transaction | Source Document | Command centre to be used | ||
Purchased 10 Standard Recliners for $440 each and 10 Executive Recliners for $660 each, GST Inclusive from Beattie Enterprises | Supplier Invoice # 564 | |||
Received Commission of $660 including GST | Receipt # 1101 | |||
Received $20,000 capital cash contribution from the owner | Receipt # 1102 | |||
Sold 5 Standard Recliners to Ricks Ltd | Invoice # 330 | |||
Purchased an Office desk online from The Great Guys for $550 (inc GST) | Mastercard | |||
Made a Cash Payment for 12 months' worth of advertising to Village Cinemas, $1,000 plus GST | Cheque # 105 | |||
Sold 5 Executive Recliners to Warden Ltd | Invoice # 331 | |||
Returned 1 Executive Recliner to Beattie Enterprises from Invoice # 564 | Adjustment Note # 202 | |||
Purchased stationery from Officejerks $110 (inc GST) | Mastercard | |||
Warden Ltd paid for their purchases on invoice # 331 using BPAY | Receipt # 1105 | |||
Paid for General Repairs and Maintenance $3,300 (inc GST) | Cheque #106 | |||
Paid Beattie Enterprises $5,340 for invoice # 564 | Cheque # 107 |
Record depreciation for Office Equipment of $2,500 | |||
Record Wages owing to employees $1,500 (You will need to create the following account 2-1555 Accrued Expense. Tax Code NT. Also check that there is no GST codes attached to these journals entry) |
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Record a Prepayment of Advertising of $917 (You will need to create the following account 1-1345 Prepaid Expense. Tax Code NT. Also check that there is no GST codes attached to these journals entry) |
Auditing A Risk Based Approach to Conducting a Quality Audit
ISBN: 978-1305080577
10th edition
Authors: Karla Johnstone, Audrey Gramling, Larry E. Rittenberg