Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Add a new vendor Google, Inc., 1 6 0 0 Amphitheatre Parkway, Mountain View, CA 9 4 0 4 3 , terms: Net 1 5
Add a new vendor Google, Inc., Amphitheatre Parkway, Mountain View, CA terms: Net
Add a new vendor Samsung, Inc., Challenger Rd Ridgefield Park, NJ terms: Net
Add a new vendor Staples, Inc., Main St San Diego, CA terms: Net
Modify Apple Inc. existing Vendor Name should be Apple Computer, Inc., address: Infinite Loop Cupertino, CA terms: Net
Add a new account account type: Credit Card, detail type: Credit Card, name: AMEX.
Add a new account account type: Other Current Assets, detail type: Other Current Assets, name: Supplies Asset.
Add a new product NameDescription & Purchasing information: Samsung Galaxy initial quantity on hand: inventory asset account: Inventory Asset, Sales price: cost: income account: Sales of Product Income, expense account: Cost of Goods Sold. Use as the as of date. Sales tax: Taxable standard rate.
Add a new product NameDescription & Purchasing information: Samsung Note, initial quantity on hand: inventory asset account: Inventory Asset, Sales price: cost: income account: Sales of Product Income, expense account: Cost of Goods Sold. Use as the as of date. Sales tax: Taxable standard rate.
Record a new purchase order for products on vendor: Google, Inc., Pixel, QTY:
Record a new purchase order for products on vendor: Samsung, Inc., product : Samsung Galaxy QTY: product : Samsung Note, QTY:
Record a new bill based on a purchase order # dated vendor: Google, Inc., terms: Net All items ordered were received on the bill date
Record a new bill without a purchase order on new vendor: NewsPress, terms: Net category: Advertising & Marketing, amount:
Record a new bill without a purchase order on new vendor: Hathaway Insurance, terms: Net category : Insurance, amount: category : Prepaid expenses, amount:
Pay bill due to Apple Computer, Inc. on using the checking account and starting with check no
Record a credit card charge on new vendor: Village Steak House, using credit card: AMEX, category: Meals, amount:
Record check on no: vendor: Staples, amount: category: Supplies Asset.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started