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Case 5 Now it's time for you to add some operating activities (sales and cash receipts) to your company. Based on using what you learned
Case 5 Now it's time for you to add some operating activities (sales and cash receipts) to your company. Based on using what you learned in the text using the Sample Company, you are to make the following changes to the Case 4 company you modified in Chapter 3: 1 Add three new accounts a. First account i) Account Type - Other Current Assets Detail Type/Name - Undeposited Funds b. Second account i) Account Type - Expenses ii) Detail Type - Equipment Rental iii) Name - Equipment Rental c. Third account i) Account Type - Expenses ii) Detail Type - Legal & Professional Fees iii) Name - Recruiting 2 Add two new customers a. US Department of Defense, 25203 Baneberry, San Antonio, TX, 78260, Terms: Net 15 b. Boeing, 3365 1604 Ave SE 3307, Bellevue, WA, 98008, Terms: Net 30 3 Modify an existing customer (use help to learn how to do this) a. Company - Boeing b. Address - 4800 Oak Grove Dr, Pasadena, CA, 91109, Terms: Net 30 4 Add three new vendors a. United Rentals, 376 Dan Tibbs Rd, Huntsville, AL 35806, Terms: Net 30 b. Indeed, 6433 Champion Grandview Way, Austin, TX, 78750, Terms: Net 30 c. HP Computers, 1501 Page Mill Rd, Palo Alto, CA, 94020, Terms: Net 30 Case 5 Now it's time for you to add some operating activities (sales and cash receipts) to your company. Based on using what you learned in the text using the Sample Company, you are to make the following changes to the Case 4 company you modified in Chapter 3: 1 Add three new accounts a. First account i) Account Type - Other Current Assets Detail Type/Name - Undeposited Funds b. Second account i) Account Type - Expenses ii) Detail Type - Equipment Rental iii) Name - Equipment Rental c. Third account i) Account Type - Expenses ii) Detail Type - Legal & Professional Fees iii) Name - Recruiting 2 Add two new customers a. US Department of Defense, 25203 Baneberry, San Antonio, TX, 78260, Terms: Net 15 b. Boeing, 3365 1604 Ave SE 3307, Bellevue, WA, 98008, Terms: Net 30 3 Modify an existing customer (use help to learn how to do this) a. Company - Boeing b. Address - 4800 Oak Grove Dr, Pasadena, CA, 91109, Terms: Net 30 4 Add three new vendors a. United Rentals, 376 Dan Tibbs Rd, Huntsville, AL 35806, Terms: Net 30 b. Indeed, 6433 Champion Grandview Way, Austin, TX, 78750, Terms: Net 30 c. HP Computers, 1501 Page Mill Rd, Palo Alto, CA, 94020, Terms: Net 30
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