Creating More Supporting Reports for Larrys Landscaping & Garden Supply Scott wants you to help him provide
Question:
Creating More Supporting Reports for Larry’s Landscaping & Garden Supply Scott wants you to help him provide more supporting reports.
Create the reports he has requested, and write down the answers to the following questions:
a. Create and print a collapsed Customer Balance Summary as of 8/31/22 and examine the QuickZoom reports for David Lo. How much was this customer billed on 4/11/22? How much is owed on this invoice as of 8/31/22?
b. Create and print a collapsed A/R Aging Summary report as of 7/31/22 and examine the QuickZoom reports for Edward Blackwell. What invoices are represented by this receivable? For what was Blackwell invoiced? What are the terms of these invoices?
c. Create and print an A/P Aging Summary report as of 5/31/22 and examine the QuickZoom reports for Great Statewide Bank. What bill is represented by this payable? What was Larry’s Landscape & Gardening Supply billed for?
d. Create and print an Inventory Valuation Summary as of 8/31/22. How many pumps were on hand at that date? What was their average cost per unit?
Step by Step Answer:
Using QuickBooks Accountant 2018 For Accounting
ISBN: 9780357042083
16th Edition
Authors: Glenn Owen