Before starting EM7 1, verify that QBO Inventory Tracking is turned on Go to Gear icon Account and Settings Sales Products and Services Track quantity and price rate On Track inventory quantity on hand On To enter products into the Products and Services List Required From the Navigation Bar, select Sales Products and Services New Inventory Enter the following information about Mookie The Beagle Concierge branded products Use the following when entering inventory Inventory Asset Account 1300 Inventory Asset Income Account 4300 Sales of Product Income Expense Account 5000 Cost of Goods Sold Initial Quantity on Hand 0 As of Date 01 01 2024 (Note if you receive an error message when saving, try selecting the calendar and selecting the date from the calendar even if the date autopopulates ) Reorder Point 0 Note if you receive a sales tax message that an item might have a special tax consideration, select Skip CATEGORY NAME TYPE DESCRIPTION SALES PRICE COST PET Hammocks Mookie The Beagle Hammock Small Inventory Mookie The Beagle Pet Hammock Small $ 600 $ 180 PET Hammocks Mookie The Beagle Hammock Medium Inventory Mookie The Beagle Pet Hammock Medium $ 800 $ 320 PET Hammocks Mookie The Beagle Hammock Large Inventory Mookie The Beagle Pet Hammock Large $ 1,000 $ 400 Pet Wellness Supplies E Collar Cone Inventory E Collar Cone Adjustable (Fits Various Size Doggie Necks for Wound Healing) $ 100 $ 32 Pet Wellness Supplies Activated Charcoal Inventory Activated Charcoal for Suspected Poisoning $ 72 $ 20 Pet Wellness Supplies Gauze Bandages Inventory Gauze Bandages for Wound Dressing $ 48 $ 12 Pet Wellness Supplies Sterile Wipes Inventory Sterile Wipes for Wound Cleaning $ 60 $ 16 Pet Wellness Supplies Oral Syringes Inventory Oral Syringes for Medication Administration (10 pack) $ 40 $ 8 Pet Wellness Supplies Sterile Latex Gloves Inventory Sterile Latex Gloves (50 pack) $ 144 $ 44 Export the Products and Services List From the Products and Services List screen, select More Run Report To sort the Products and Services List, select Sort Sort by Type Sort in Ascending order Service items should at the top of the Products and Services List followed by Inventory items Select Export drop down arrow Export to Excel complete the steps listed in the Instructions sheet of the Excel Template to copy your General Ledger Excel export to the Excel Template 4 Answer the following questions about the Mookie The Beagle Concierge Product and Services List you created How many Inventory items are listed in your MTB Concierge Products and Services List How many categories of Inventory items are listed in your MTB Concierge Products and Services List a Number of items b Number of categories Complete the following Mookie The Beagle Concierge Purchase Order to order Mookie The Beagle hammocks Required Add a new Vendor to the Vendors List From the Navigation Bar, select Expenses Vendors tab Select New vendor Enter the following vendor information Company Name Maddy's Marvels First Name Maddy Vendor Display Name Maddy's Marvels Phone 415 555 2727 Billing Address Street 27 Aquarian Rue Billing Address City Bayshore Billing Address State CA Billing Address ZIP 94326 Billing Address Country USA Select Save Create Purchase Order Select ( ) New icon Purchase Order Select Vendor Maddy's Marvels Select Purchase Order Date 01 18 2024 Verify Shipping Address Mookie The Beagle Concierge, 432 Phoenician Way, Mountain View, CA 94043 Select Item Details Line 1 Product or Service Pet Hammocks Mookie The Beagle Hammock Small Enter Quantity 2 Rate and Amount fields should autofill What is the Rate that autofills Note Answer this question in the table shown below Round your answer to 2 decimal places What is the Total Amount for Line 1 Note Answer this question in the table shown below Round your answer to 2 decimal places Enter Purchase Order Line 2 Select Item Details Line 2 Product or Service Pet Hammocks Mookie The Beagle Hammock Medium Enter Quantity 3 Rate and Amount fields should autofill What is the Rate that autofills Note Answer this question in the table shown below Round your answer to 2 decimal places What is the Total Amount for Line 2 Note Answer this question in the table shown below Round your answer to 2 decimal places Enter Purchase Order Line 3 Select Item Details Line 3 Product or Service Pet Hammocks Mookie The Beagle Hammock Large Enter Quantity 1 Rate and Amount fields should autofill What is the Rate that autofills Note Answer this question in the table shown below Round your answer to 2 decimal places What is the Total Amount for Line 3 Note Answer this question in the table shown below Round your answer to 2 decimal places Total Purchase Order What is the Total Amount for the Purchase Order Note Answer this question in the table shown below Round your answer to 2 decimal places Select Save and close a What is the Total Amount for the Purchase Order Complete the following Mookie The Beagle Concierge Purchase Order to order Mookie The Beagle Concierge pet wellness inventory Required Add a new Vendor to the Vendors List From the Navigation Bar, select Expenses Vendors tab Select New vendor Enter the following vendor information Company Name Napoleon Pet Supply Phone 415 555 8866 Billing Address Street 86 Tron Boulevard Billing Address City Bayshore Billing Address State CA Billing Address ZIP 94326 Billing Address Country USA Select Save Create Purchase Order Select ( ) New icon Purchase Order Select Vendor Napoleon Pet Supply Select Purchase Order Date 01 18 2024 Select Item Details Line 1 Product or Service Pet Wellness Supplies E Collar Cone Enter Quantity 1 Rate and Amount fields should autofill What is the Rate that autofills Note Answer this question in the table shown below Round your answer to 2 decimal places What is the Total Amount for Line 1 Note Answer this question in the table shown below Round your answer to 2 decimal places Enter Purchase Order Line 2 Select Item Details Line 2 Product or Service Pet Wellness Supplies Activated Charcoal Enter Quantity 5 Rate and Amount fields should autofill What is the Rate that autofills Note Answer this question in the table shown below Round your answer to 2 decimal places What is the Total Amount for Line 2 Note Answer this question in the table shown below Round your answer to 2 decimal places Enter Purchase Order Line 3 Select Item Details Line 3 Product or Service Pet Wellness Supplies Gauze Bandages Enter Quantity 4 Rate and Amount fields should autofill What is the Rate that autofills Note Answer this question in the table shown below Round your answer to 2 decimal places What is the Total Amount for Line 3 Note Answer this question in the table shown below Round your answer to 2 decimal places Enter Purchase Order Line 4 Select Item Details Line 4 Product or Service Pet Wellness Supplies Sterile Wipes Enter Quantity 6 Rate and Amount fields should autofill What is the Rate that autofills Note Answer this question in the table shown below Round your answer to 2 decimal places What is the Total Amount for Line 4 Note Answer this question in the table shown below Round your answer to 2 decimal places Enter Purchase Order Line 5 Select Item Details Line 4 Product or Service Pet Wellness Supplies Oral Syringes Enter Quantity 2 Rate and Amount fields should autofill What is the Rate that autofills Note Answer this question in the table shown below Round your answer to 2 decimal places What is the Total Amount for Line 5 Note Answer this question in the table shown below Round your answer to 2 decimal places Enter Purchase Order Line 6 Select Item Details Line 4 Product or Service Pet Wellness Supplies Sterile Latex Gloves Enter Quantity 6 Rate and Amount fields should autofill What is the Rate that autofills Note Answer this question in the table shown below Round your answer to 2 decimal places What is the Total Amount for Line 6 Note Answer this question in the table shown below Round your answer to 2 decimal places Total Purchase Order What is the Total Amount for the Purchase Order Complete the following Purchase Order to order Mookie The Beagle Bon Appetite Organic Dog Food Required Update Vendor information in the Vendors List From the Navigation Bar, select Expenses Vendors tab Select Vendor Only The Best Dog Food Update the following vendor information Company Name Only The Best Dog Food Phone 415 555 6354 Billing Address Street 91 Elsker Avenue Billing Address City Bayshore Billing Address State CA Billing Address ZIP 94326 Billing Address Country USA Select Save Create Purchase Order Select ( ) New icon Purchase Order Select Vendor Only The Best Dog Food Select Purchase Order Date 01 18 2024 Select Item Details Line 1 Product or Service Pet Food Supplies Mookie The Beagle Bon Appetite Organic Dog Food Enter Quantity 10 Rate and Amount fields should autofill What is the Rate that autofills Note Answer this question in the table shown below Round your answer to 2 decimal places What is the Total Amount for Line 1 Note Answer this question in the table shown below Round your answer to 2 decimal places Total Purchase Order What is the Total Amount for the Purchase Order Note Answer this question in the table shown below Round your answer to 2 decimal places Select Save and close Complete the following to record a bill received for the Mookie The Beagle Dog Hammocks ordered Required Create Bill Select ( ) New icon Bill Select Vendor Maddy's Marvels Select Bill Date 01 21 2024 The Purchase Order entered previously should appear in the Add to Bill drawer on the right side of the screen Select Add to add the Purchase Order to the bill Item Details should now show the items from the Purchase Order What is the Total for the Bill Note Answer this question in the table shown below Round your answer to 2 decimal places Select Save View the Transaction Journal for the Bill From the bottom of the Bill, select More Transaction Journal What are the Accounts and Amounts Debited Note Answer this question in the table shown below Round your answers to 2 decimal places What are the Account and Amount Credited Note Answer this question in the table shown below Round your answer to 2 decimal places Complete the following to record a bill received for the Mookie The Beagle Concierge pet wellness supplies ordered Required Create Bill Select ( ) New icon Bill Select Vendor Napoleon Pet Supply Select Bill Date 01 23 2024 The Purchase Order entered previously should appear in the Add to Bill drawer Select Add to add the Purchase Order to the bill Item Details should now show the items from the Purchase Order What is the Total for the Bill Note Answer this question in the table shown below Round your answer to 2 decimal places Select Save View the Transaction Journal for the Bill From the bottom of the Bill, select More Transaction Journal What are the Accounts and Amounts Debited Note Answer this question in the table shown below Round your answers to 2 decimal places What are the Account and Amount Credited Note Answer this question in the table shown below Round your answer to 2 decimal places Complete the following to record a bill received for the Mookie The Beagle Organic Dog Food ordered Required Create Bill Select ( ) New icon Bill Select Vendor Only the Best Dog Food Select Bill Date 01 23 2024 The Purchase Order entered previously should appear in the Add to Bill drawer Before adding, if the Bill autofilled with prior bill Item Details, select the trash can to delete the prior bill Item Details Then select Add to add the Purchase Order to the bill Item Details should now show the items from the Purchase Order What is the Total for the Bill Note Answer this question in the table shown below Round your answer to 2 decimal places Select Save View the Transaction Journal for the Bill From the bottom of the Bill, select More Transaction Journal What are the Account and Amount Debited Note Answer this question in the table shown below Round your answer to 2 decimal places What are the Account and Amount Credited Note Answer this question in the table shown below Round your answer to 2 decimal places Complete the following to pay Mookie The Beagle Concierge bills Required Pay Bills Select ( ) New icon Pay Bills Select Payment Account 1001 Checking Select Payment Date 01 24 2024 Select Payee Maddy's Marvels Select Payee Only the Best Dog Food What is the Total Payment Amount Note Answer this question in the table shown below Round your answer to 2 decimal places Select Save and close View the Transaction Journal for Pay Bills From the Navigation Bar, select Expenses Expenses tab From the Expense Transactions List, select Bill Payment to Maddy's Marvels From the bottom of Maddy's Marvels Bill Payment, select More Transaction Journal What are the Account and Amount Debited Note Answer this question in the table shown below Round your answer to 2 decimal places What are the Account and Amount Credited Note Answer this question in the table shown below Round your answer to 2 decimal places Complete the following to record the sale of a Mookie The Beagle Dog Hammock to Sandy Copper for Remy, her rescue dog Required Create Invoice If the Invoice does not automatically appear on your screen, select ( ) New icon Invoice Select Customer Sandy Copper Remy Select Invoice Date 01 25 2024 Select Item Details Line 1 Product or Service Pet Hammocks Mookie The Beagle Hammock Medium Enter Quantity 1 Rate and Amount fields should autofill What is the Amount Note Answer this question in the table shown below Round your answer to 2 decimal places Select the Tax checkbox for the line item Select Sales Tax Rate 9 What is the Total for the Invoice Note Answer this question in the table shown below Round your answer to 2 decimal places Select Save and leave the Invoice displayed View the Transaction Journal for the Invoice From the bottom of the Invoice, select More Transaction Journal What are the Accounts and Amounts Debited Note Answer this question in the table shown below Round your answers to 2 decimal places What are the Accounts and Amounts Credited Note Answer this question in the table shown below Round your answers to 2 decimal places While your pet Goldendoodle, Ozzie, is recovering from being bitten by another dog, Ozzie needs home care So you order the following products and services using the Mookie The Beagle Concierge app 1 Mookie The Beagle Dog Hammock Medium 1 Mookie The Beagle E Collar Cone 3 Gauze Bandages 2 Sterile Wipes 1 Oral Syringes (10 pack) 1 Sterile Latex Gloves (50 pack) 1 Pet Care Errand Service (to deliver the Mookie The Beagle Concierge supplies ordered) 2 Pet Wellness Medium Wellness Service (to administer medication and change wound dressings) Required Create Invoice Select ( ) New icon Invoice Select Customer Your Name Ozzie Select Invoice Date 01 26 2024 Select Item Details Line 1 Product or Service Pet Hammocks Mookie The Beagle Hammock Medium Enter Quantity 1 Rate and Amount fields should autofill What is the Amount on Line 1 Note Answer this question in the table shown below Round your answer to 2 decimal places Select the Tax checkbox for the line item Select Tax Rate 9 Carlos Xafra used the Mookie The Beagle Concierge app to purchase the following products and services for his pet Golden Retriever, Bella, when Carlos was detained for longer than planned working on a client cybersecurity project gone awry 1 Mookie The Beagle Dog Hammock Large 2 bags of Mookie The Beagle Bon Appetite Organic Dog Food 1 Pet Care Errand Service (to deliver the Mookie The Beagle Concierge supplies ordered) 2 Pet Care Short Visit Service (to feed and take Bella on a couple of short walks) Complete the following for Mookie The Beagle Concierge to record an Invoice Required Update Customer information in the Customers List From the Navigation Bar, select Sales Customers tab Select Customer Carlos Xafra Enter the following updated customer information Phone 415 555 9999 Select Save Create Invoice and Enter Products Sold Select ( ) New icon Invoice Select Customer Carlos Xafra Bella Select Invoice Date 01 28 2024 Select Item Details Line 1 Product or Service Pet Hammocks Mookie The Beagle Hammock Large Enter Quantity 1 Rate and Amount fields should autofill What is the Amount for Line 1 Note Answer this question in the table shown below Round your answer to 2 decimal places Select the Tax checkbox for the line item Select Item Details Line 2 P roduct or Service Pet Food Supplies Mookie Bon Appetite Organic Dog Food Enter Quantity 2 Rate and Amount fields should autofill What is the Amount for Line 2 Note Answer this question in the table shown below Round your answer to 2 decimal places Select the Tax checkbox for the line item Select Save and leave the Invoice displayed Complete the following to record a customer payment from Carlos Xafra Required Create Receive Payment Select ( ) New icon Receive Payment Select Customer Carlos Xafra Bella Select Payment Date 01 30 2024 Select Payment Method Credit Card Select Deposit to 1001 Checking Select the Carlos Xafra Bella Invoice just entered What is the Amount Received Note Answer this question in the table shown below Round your answer to 2 decimal places Select Save and close View the Transaction Journal for Receive Payments From the Navigation Bar, select Sales All Sales tab From the Sales Transactions List, select Carlos Xafra Bella Payment just entered From the bottom of Receive Payment, select More Transaction Journal What are the Account and Amount Debited Note Answer this question in the table shown below Round your answer to 2 decimal places What are the Account and Amount Credited Note Answer this question in the table shown below Round your answer to 2 decimal places There was an error when delivering the order for Bella's dog food Carlos Xafra received only one bag of dog food instead of the two bags he was billed for Complete the following to record a refund receipt to Carlos Xafra for the extra bag of dog food that he did not receive Required Create Refund Receipt Select ( ) New icon Refund Receipt Select Customer Carlos Xafra Bella Select Refund Receipt Date 01 31 2024 Select Payment Method Credit Card Select Refund from 1001 Checking Select Product or Service Mookie The Beagle Bon Appetite Organic Dog Food Select the Tax checkbox for the line item select Tax Rate 9 What is the Subtotal of the Refund Receipt Note Answer this question in the table shown below Round your answer to 2 decimal places What is the Total Amount Refunded Note Answer this question in the table shown below Round your answer to 2 decimal places Select Save and close View the Transaction Journal for Receive Payments From the Navigation Bar, select Sales All Sales tab From the Sales Transactions List, select Carlos Xafra Bella Refund just entered From the bottom of Refund Receipt, select More Transaction Journal What are the Account and Amount Debited Note Answer this question in the table shown below Round your answers to 2 decimal places What are the Account and Amount Credited Note Answer this question in the table shown below Round your answers to 2 decimal places Required To prepare the General Ledger for Mookie The Beagle Concierge at January 31, 2024 From the Navigation Bar, select Reports Select Custom reports tab Under the Quick Check reports category, select General Ledger Select Report Period 01 01 2024 To 01 31 2024 Select Run report Export the General Ledger to Excel With the General Ledger report displayed, select the Export icon Select Export to Excel Complete the steps listed in the Instructions sheet of the Excel Template to copy your General Ledger Excel export to the Excel Template What is the ending balance of the Checking account Note Answer this question in the table shown below Round your answer 2 decimal places What is the ending balance of the Accounts Receivable account Note Answer this question in the table shown below Round your answer 2 decimal places What is the ending balance of the Inventory account Note Answer this question in the table shown below Round your answer 2 decimal places What is the ending balance of the Accounts Payable account Note Answer this question in the table shown below Round your answer 2 decimal places What is the ending balance of the VISA Credit Card account Note Answer this question in the table shown below Round your answer 2 decimal places What is the ending balance of the California Department of Tax and Fee Administration Payable account Note Answer this question in the table shown below Round your answer 2 decimal places What is the ending balance of the Sales account Note Answer this question in the table shown below Round your answer 2 decimal places What is the ending balance of the Sales of Product Income account Note Answer this question in the table shown below Round your answer 2 decimal places What is the ending balance of the Cost of Goods Sold account Note Answer this question in the table shown below Round your answer 2 decimal places

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Before starting EM7.1, verify that QBO Inventory Tracking is turned on. Go to Gear icon > Account and Settings > Sales > Products and Services

Before starting EM7.1, verify that QBO Inventory Tracking is turned on. Go to Gear icon > Account and Settings > Sales > Products and Services > Track quantity and price/rate On > Track inventory quantity on hand > On.

To enter products into the Products and Services List:

Required:

From the Navigation Bar, select Sales > Products and Services > New > Inventory
Enter the following information about Mookie The Beagle Concierge branded products.

Use the following when entering inventory:

Inventory Asset Account: 1300 Inventory Asset
Income Account: 4300 Sales of Product Income
Expense Account: 5000 Cost of Goods Sold
Initial Quantity on Hand: -0-
As of Date: 01/01/2024. (Note: if you receive an error message when saving, try selecting the calendar and selecting the date from the calendar even if the date autopopulates.)
Reorder Point: -0-
Note: if you receive a sales tax message that an item might have a special tax consideration, select Skip.

CATEGORY	NAME	TYPE	DESCRIPTION	SALES PRICE	COST
PET Hammocks	Mookie The Beagle Hammock Small	Inventory	Mookie The Beagle Pet Hammock Small	$ 600	$ 180
PET Hammocks	Mookie The Beagle Hammock Medium	Inventory	Mookie The Beagle Pet Hammock Medium	$ 800	$ 320
PET Hammocks	Mookie The Beagle Hammock Large	Inventory	Mookie The Beagle Pet Hammock Large	$ 1,000	$ 400
Pet Wellness Supplies	E-Collar Cone	Inventory	E-Collar Cone Adjustable (Fits Various Size Doggie Necks for Wound Healing)	$ 100	$ 32
Pet Wellness Supplies	Activated Charcoal	Inventory	Activated Charcoal for Suspected Poisoning	$ 72	$ 20
Pet Wellness Supplies	Gauze Bandages	Inventory	Gauze Bandages for Wound Dressing	$ 48	$ 12
Pet Wellness Supplies	Sterile Wipes	Inventory	Sterile Wipes for Wound Cleaning	$ 60	$ 16
Pet Wellness Supplies	Oral Syringes	Inventory	Oral Syringes for Medication Administration (10 pack)	$ 40	$ 8
Pet Wellness Supplies	Sterile Latex Gloves	Inventory	Sterile Latex Gloves (50 pack)	$ 144	$ 44

Export the Products and Services List.

From the Products and Services List screen, select More > Run Report
To sort the Products and Services List, select Sort > Sort by: Type > Sort in: Ascending order. Service items should at the top of the Products and Services List followed by Inventory items.
Select Export drop-down arrow > Export to Excel > complete the steps listed in the Instructions sheet of the Excel Template to copy your General Ledger Excel export to the Excel Template

4.Answer the following questions about the Mookie The Beagle Concierge Product and Services List you created.

How many Inventory items are listed in your MTB Concierge Products and Services List?
How many categories of Inventory items are listed in your MTB Concierge Products and Services List?

a. Number of items
b. Number of categories

Complete the following Mookie The Beagle Concierge Purchase Order to order Mookie The Beagle hammocks.

Required:

Add a new Vendor to the Vendors List.
From the Navigation Bar, select Expenses > Vendors tab
Select New vendor
Enter the following vendor information.

Company Name:	Maddy's Marvels
First Name:	Maddy
Vendor Display Name:	Maddy's Marvels
Phone:	415-555-2727
Billing Address Street:	27 Aquarian Rue
Billing Address City:	Bayshore
Billing Address State:	CA
Billing Address ZIP:	94326
Billing Address Country:	USA

Select Save
Create Purchase Order.
Select (+) New icon > Purchase Order
Select Vendor: Maddy's Marvels
Select Purchase Order Date: 01/18/2024
Verify Shipping Address: Mookie The Beagle Concierge, 432 Phoenician Way, Mountain View, CA 94043
Select Item Details Line 1: Product or Service: Pet Hammocks: Mookie The Beagle Hammock Small
Enter Quantity: 2
Rate and Amount fields should autofill
What is the Rate that autofills?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

What is the Total Amount for Line 1?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Enter Purchase Order Line 2.
Select Item Details Line 2: Product or Service: Pet Hammocks: Mookie The Beagle Hammock Medium
Enter Quantity: 3
Rate and Amount fields should autofill
What is the Rate that autofills?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

What is the Total Amount for Line 2?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Enter Purchase Order Line 3.
Select Item Details Line 3: Product or Service: Pet Hammocks: Mookie The Beagle Hammock Large
Enter Quantity: 1
Rate and Amount fields should autofill
What is the Rate that autofills?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

What is the Total Amount for Line 3?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Total Purchase Order.
What is the Total Amount for the Purchase Order?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Select Save and close

a.What is the Total Amount for the Purchase Order?

Complete the following Mookie The Beagle Concierge Purchase Order to order Mookie The Beagle Concierge pet wellness inventory.

Required:

Add a new Vendor to the Vendors List.
From the Navigation Bar, select Expenses > Vendors tab
Select New vendor
Enter the following vendor information.

Company Name:	Napoleon Pet Supply
Phone:	415-555-8866
Billing Address Street:	86 Tron Boulevard
Billing Address City:	Bayshore
Billing Address State:	CA
Billing Address ZIP:	94326
Billing Address Country:	USA

Select Save
Create Purchase Order.
Select (+) New icon > Purchase Order
Select Vendor: Napoleon Pet Supply
Select Purchase Order Date: 01/18/2024
Select Item Details Line 1: Product or Service: Pet Wellness Supplies: E-Collar Cone
Enter Quantity: 1
Rate and Amount fields should autofill
What is the Rate that autofills?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

What is the Total Amount for Line 1?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Enter Purchase Order Line 2.
Select Item Details Line 2: Product or Service: Pet Wellness Supplies: Activated Charcoal
Enter Quantity: 5
Rate and Amount fields should autofill
What is the Rate that autofills?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

What is the Total Amount for Line 2?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Enter Purchase Order Line 3.
Select Item Details Line 3: Product or Service: Pet Wellness Supplies: Gauze Bandages
Enter Quantity: 4
Rate and Amount fields should autofill
What is the Rate that autofills?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

What is the Total Amount for Line 3?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Enter Purchase Order Line 4.
Select Item Details Line 4: Product or Service: Pet Wellness Supplies: Sterile Wipes
Enter Quantity: 6
Rate and Amount fields should autofill
What is the Rate that autofills?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

What is the Total Amount for Line 4?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Enter Purchase Order Line 5.
Select Item Details Line 4: Product or Service: Pet Wellness Supplies: Oral Syringes
Enter Quantity: 2
Rate and Amount fields should autofill
What is the Rate that autofills?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

What is the Total Amount for Line 5?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Enter Purchase Order Line 6.
Select Item Details Line 4: Product or Service: Pet Wellness Supplies: Sterile Latex Gloves
Enter Quantity: 6
Rate and Amount fields should autofill
What is the Rate that autofills?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

What is the Total Amount for Line 6?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Total Purchase Order.
What is the Total Amount for the Purchase Order?

Complete the following Purchase Order to order Mookie The Beagle Bon Appetite Organic Dog Food.

Required:

Update Vendor information in the Vendors List.
From the Navigation Bar, select Expenses > Vendors tab
Select Vendor: Only The Best Dog Food
Update the following vendor information.

Company Name:	Only The Best Dog Food
Phone:	415-555-6354
Billing Address Street:	91 Elsker Avenue
Billing Address City:	Bayshore
Billing Address State:	CA
Billing Address ZIP:	94326
Billing Address Country:	USA

Select Save
Create Purchase Order.
Select (+) New icon > Purchase Order
Select Vendor: Only The Best Dog Food
Select Purchase Order Date: 01/18/2024
Select Item Details Line 1: Product or Service: Pet Food Supplies: Mookie The Beagle Bon Appetite Organic Dog Food
Enter Quantity: 10
Rate and Amount fields should autofill
What is the Rate that autofills?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

What is the Total Amount for Line 1?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Total Purchase Order.
What is the Total Amount for the Purchase Order?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Select Save and close

Complete the following to record a bill received for the Mookie The Beagle Dog Hammocks ordered.

Required:

Create Bill.
Select (+) New icon > Bill
Select Vendor: Maddy's Marvels
Select Bill Date: 01/21/2024
The Purchase Order entered previously should appear in the Add to Bill drawer on the right side of the screen. Select Add to add the Purchase Order to the bill. Item Details should now show the items from the Purchase Order.
What is the Total for the Bill?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Select Save

View the Transaction Journal for the Bill.
From the bottom of the Bill, select More > Transaction Journal
What are the Accounts and Amounts Debited?

Note: Answer this question in the table shown below. Round your answers to 2 decimal places.

What are the Account and Amount Credited?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Complete the following to record a bill received for the Mookie The Beagle Concierge pet wellness supplies ordered.

Required:

Create Bill.

Select (+) New icon > Bill
Select Vendor: Napoleon Pet Supply
Select Bill Date: 01/23/2024
The Purchase Order entered previously should appear in the Add to Bill drawer. Select Add to add the Purchase Order to the bill. Item Details should now show the items from the Purchase Order.
What is the Total for the Bill?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Select Save

View the Transaction Journal for the Bill.
From the bottom of the Bill, select More > Transaction Journal
What are the Accounts and Amounts Debited?

Note: Answer this question in the table shown below. Round your answers to 2 decimal places.

What are the Account and Amount Credited?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Complete the following to record a bill received for the Mookie The Beagle Organic Dog Food ordered.

Required:

Create Bill.
Select (+) New icon > Bill
Select Vendor: Only the Best Dog Food
Select Bill Date: 01/23/2024
The Purchase Order entered previously should appear in the Add to Bill drawer. Before adding, if the Bill autofilled with prior bill Item Details, select the trash can to delete the prior bill Item Details. Then select Add to add the Purchase Order to the bill. Item Details should now show the items from the Purchase Order.
What is the Total for the Bill?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Select Save

View the Transaction Journal for the Bill.
From the bottom of the Bill, select More > Transaction Journal
What are the Account and Amount Debited?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

What are the Account and Amount Credited?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Complete the following to pay Mookie The Beagle Concierge bills.

Required:

Pay Bills.
Select (+) New icon > Pay Bills
Select Payment Account: 1001 Checking
Select Payment Date: 01/24/2024
Select Payee: Maddy's Marvels
Select Payee: Only the Best Dog Food
What is the Total Payment Amount?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Select Save and close

View the Transaction Journal for Pay Bills.
From the Navigation Bar, select Expenses > Expenses tab
From the Expense Transactions List, select Bill Payment to Maddy's Marvels
From the bottom of Maddy's Marvels Bill Payment, select More > Transaction Journal
What are the Account and Amount Debited?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

What are the Account and Amount Credited?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Complete the following to record the sale of a Mookie The Beagle Dog Hammock to Sandy Copper for Remy, her rescue dog.

Required:

Create Invoice.
If the Invoice does not automatically appear on your screen, select (+) New icon > Invoice
Select Customer: Sandy Copper: Remy
Select Invoice Date: 01/25/2024
Select Item Details Line 1: Product or Service: Pet Hammocks: Mookie The Beagle Hammock Medium
Enter Quantity: 1
Rate and Amount fields should autofill
What is the Amount?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Select the Tax checkbox for the line item
Select Sales Tax Rate 9%
What is the Total for the Invoice?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Select Save and leave the Invoice displayed

View the Transaction Journal for the Invoice.
From the bottom of the Invoice, select More > Transaction Journal
What are the Accounts and Amounts Debited?

Note: Answer this question in the table shown below. Round your answers to 2 decimal places.

What are the Accounts and Amounts Credited?

Note: Answer this question in the table shown below. Round your answers to 2 decimal places.

While your pet Goldendoodle, Ozzie, is recovering from being bitten by another dog, Ozzie needs home care. So you order the following products and services using the Mookie The Beagle Concierge app.

1 Mookie The Beagle Dog Hammock Medium
1 Mookie The Beagle E-Collar Cone
3 Gauze Bandages
2 Sterile Wipes
1 Oral Syringes (10 pack)
1 Sterile Latex Gloves (50 pack)
1 Pet Care Errand Service (to deliver the Mookie The Beagle Concierge supplies ordered)
2 Pet Wellness Medium Wellness Service (to administer medication and change wound dressings)

Required:

Create Invoice.
Select (+) New icon > Invoice
Select Customer: Your Name: Ozzie
Select Invoice Date: 01/26/2024
Select Item Details Line 1: Product or Service: Pet Hammocks: Mookie The Beagle Hammock Medium
Enter Quantity: 1
Rate and Amount fields should autofill
What is the Amount on Line 1?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Select the Tax checkbox for the line item
Select Tax Rate: 9%

Carlos Xafra used the Mookie The Beagle Concierge app to purchase the following products and services for his pet Golden Retriever, Bella, when Carlos was detained for longer than planned working on a client cybersecurity project gone awry.

1 Mookie The Beagle Dog Hammock Large
2 bags of Mookie The Beagle Bon Appetite Organic Dog Food
1 Pet Care Errand Service (to deliver the Mookie The Beagle Concierge supplies ordered)
2 Pet Care Short Visit Service (to feed and take Bella on a couple of short walks)

Complete the following for Mookie The Beagle Concierge to record an Invoice.

Required:

Update Customer information in the Customers List.
From the Navigation Bar, select Sales > Customers tab
Select Customer: Carlos Xafra
Enter the following updated customer information.

Phone

415-555-9999

Select Save
Create Invoice and Enter Products Sold.
Select (+) New icon > Invoice
Select Customer: Carlos Xafra: Bella
Select Invoice Date: 01/28/2024
Select Item Details Line 1: Product or Service: Pet Hammocks: Mookie The Beagle Hammock Large
Enter Quantity: 1
Rate and Amount fields should autofill
What is the Amount for Line 1?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Select the Tax checkbox for the line item
Select Item Details Line 2: Product or Service: Pet Food Supplies: Mookie Bon Appetite Organic Dog Food
Enter Quantity: 2
Rate and Amount fields should autofill
What is the Amount for Line 2?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Select the Tax checkbox for the line item
Select Save and leave the Invoice displayed

Complete the following to record a customer payment from Carlos Xafra.

Required:

Create Receive Payment.
Select (+) New icon > Receive Payment
Select Customer: Carlos Xafra: Bella
Select Payment Date: 01/30/2024
Select Payment Method: Credit Card
Select Deposit to: 1001 Checking
Select the Carlos Xafra: Bella Invoice just entered
What is the Amount Received?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Select Save and close

View the Transaction Journal for Receive Payments.
From the Navigation Bar, select Sales > All Sales tab
From the Sales Transactions List, select Carlos Xafra: Bella Payment just entered
From the bottom of Receive Payment, select More > Transaction Journal
What are the Account and Amount Debited?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

What are the Account and Amount Credited?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

There was an error when delivering the order for Bella's dog food. Carlos Xafra received only one bag of dog food instead of the two bags he was billed for. Complete the following to record a refund receipt to Carlos Xafra for the extra bag of dog food that he did not receive.

Required:

Create Refund Receipt.
Select (+) New icon > Refund Receipt
Select Customer: Carlos Xafra: Bella
Select Refund Receipt Date: 01/31/2024
Select Payment Method: Credit Card
Select Refund from: 1001 Checking
Select Product or Service: Mookie The Beagle Bon Appetite Organic Dog Food
Select the Tax checkbox for the line item > select Tax Rate: 9%
What is the Subtotal of the Refund Receipt?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

What is the Total Amount Refunded?

Note: Answer this question in the table shown below. Round your answer to 2 decimal places.

Select Save and close

View the Transaction Journal for Receive Payments.
From the Navigation Bar, select Sales > All Sales tab
From the Sales Transactions List, select Carlos Xafra: Bella Refund just entered
From the bottom of Refund Receipt, select More > Transaction Journal
What are the Account and Amount Debited?

Note: Answer this question in the table shown below. Round your answers to 2 decimal places.

What are the Account and Amount Credited?

Note: Answer this question in the table shown below. Round your answers to 2 decimal places.

Required:

To prepare the General Ledger for Mookie The Beagle Concierge at January 31, 2024:

From the Navigation Bar, select Reports
Select Custom reports tab
Under the Quick Check reports category, select General Ledger
Select Report Period: 01/01/2024 To 01/31/2024
Select Run report
Export the General Ledger to Excel.
1. With the General Ledger report displayed, select the Export icon
2. Select Export to Excel
3. Complete the steps listed in the Instructions sheet of the Excel Template to copy your General Ledger Excel export to the Excel Template.
What is the ending balance of the Checking account?

Note: Answer this question in the table shown below. Round your answer 2 decimal places.

What is the ending balance of the Accounts Receivable account?

Note: Answer this question in the table shown below. Round your answer 2 decimal places.

What is the ending balance of the Inventory account?

Note: Answer this question in the table shown below. Round your answer 2 decimal places.

What is the ending balance of the Accounts Payable account?

Note: Answer this question in the table shown below. Round your answer 2 decimal places.

What is the ending balance of the VISA Credit Card account?

Note: Answer this question in the table shown below. Round your answer 2 decimal places.

What is the ending balance of the California Department of Tax and Fee Administration Payable account?

Note: Answer this question in the table shown below. Round your answer 2 decimal places.

What is the ending balance of the Sales account?

Note: Answer this question in the table shown below. Round your answer 2 decimal places.

What is the ending balance of the Sales of Product Income account?

Note: Answer this question in the table shown below. Round your answer 2 decimal places.

What is the ending balance of the Cost of Goods Sold account?

Note: Answer this question in the table shown below. Round your answer 2 decimal places.

Step by Step Solution

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There are 3 Steps involved in it

Step: 1

This seems to be a detailed set of instructions for various accounting tasks related to managing inventory creating purchase orders invoices bills and other financial transactions for Mookie The Beagl... blur-text-image