$1.$ Enable inventory tracking.

$2.$ Create the following products using the following setup:

a$.$ Sales Account: Sales

b$.$ Inventory Account: Inventory Asset

c$.$ Purchasing Account: Cost of Goods Sold

Name: Turf Edger Sales

Description: Turf Edger

Sales Price: $$99\mathrm{.}95$

Tax: Taxable

Purchase Price: $38\mathrm{.}87$

Reorder Point: $5$

Initial Quantity on Hand: $0$

Name: Gas Hedge Trimmer

Sales Description: Gas Hedge Trimmer

Sales Price: $$149\mathrm{.}99$

Tax: Taxable

Purchase Price: $$86\mathrm{.}88$

Reorder Point: $5$ Initial

Quantity on Hand: $0$

Name: Hand Garden Trowel

Sales Description: Hand Garden Trowel

Sales Price: $$19\mathrm{.}95$

Tax: Taxable

Purchase Price: $$7\mathrm{.}67$

Reorder Point: $5$

Initial Quantity on Hand: $0$

Name: Pruner Lopper

Sales Description: Pruner Lopper

Sales Price: $$78\mathrm{.}50$

Tax: Taxable

Purchase Price: $$40\mathrm{.}09$

Reorder Point: $5$ Initial

Quantity on Hand: $0.$ Name: Evergreen Fertilizer

Sales Description: $30$ KG Evergreen Fertilizer

Sales Price: $$39\mathrm{.}95$

Tax: Taxable

Purchase Price: $$11\mathrm{.}48$

Reorder Point: $5$ Initial

Quantity on Hand: $0$

$3.$ Create a Purchase order for Johnson Supplies for the $1$st of the month. Order the following

supplies $($NOTE: You may have to enable Purchase Orders prior to this exercise$)$:

Turf Edger: $10$

Evergreen Fertilizer: $30$ Bags.

$4.$ Create a Purchase Order for a new supplier:

Hanson Garden Supplies

$723$ Speers Road Oakville, ON

L$6$L $2$X$5$

Order the following items:

$15$ Pruner Lopper

$20$ Hand Garden Trowel

$10$ Gas Hedge Trimmer

$5.$ Jon wants to see what$$s on purchase orders as of today. Create and print the Open

Purchase Order report.

$6.$ Receive against the PO for Johnson Supplies. Receive it in full on the $10$th of this month. Use the bill form to receive the purchase order.

$7.$ Receive against the PO for Hanson Garden Supplies. You received all the Pruner Loppers

and Hand Garden Trowels. You only received $7$ Gas Hedge Trimmers.

$8.$ Pay the bills for Johnson Supplies and Hanson Garden Supplies in full on the last day of this

month..

$9.$ Alice notices customers are buying several garden tools at one time. She has the idea to bundle several tools together as a Garden Tool Starter Kit. Create the Garden Tool Starter

Kit with the following items and quantities:

a$.1$ Hand Garden Trowel

b$.1$ Pruner Lopper

c$.1$ Turf Edger

Sales Description: Garden Tool Starter Kit.

$10.$Create an invoice for Kelly Buss on the $25$th of this month. Sell the Garden Tool Starter Kit.

$11.$ Receive the payment from Kelly Buss on the $30$th of this month and deposit the amount directly to the TCU chequing account. She paid with cheque #$1481.$

$12.$ There was a heavy rainstorm at the Green Tree Landscape yard and the roof on the inventory

shed was leaking. As a result, $3$ Gas Hedge Trimmers were damaged. They cannot be sold and will need to be disposed of$.$ Jane has asked you to write off the inventory as of the last day of this month. Make the inventory adjustment to account for the damaged goods. Jane

asked you to use an Inventory Write$-$Off expense account $($Tip: you may have to use the Chart of Accounts to create a new account$)$

$13.$ Alice and Jon want to know the value of the inventory. Create and print the Inventory Valuation Detail report for them.

$14.$ Alice wants to count the inventory each month. She$$d like a list of inventory parts as of today. Print the appropriate report for her.

After two busy months of business, Jon and Alice need to review their business. Please show the steps to apply all above steps using the Quickbooks. show steps in details as this is needed for self study. be accurate and dont provide AI answers please.