Question
Case: Larrys Landscaping & Garden Supply Youve been working in a part-time job at a restaurant, and today you decide that youve served your last
Case: Larrys Landscaping & Garden Supply Youve been working in a part-time job at a restaurant, and today you decide that youve served your last hamburger. You want a new part-time jobone thats more directly related to your future career in business. As you skim the want ads, you see an ad for an administrative assistant at Larrys Landscaping & Garden Supply. The ad says that job candidates must have earned or be earning a business degree, have some computer skills, and be willing to learn on the job. This looks promising. And then you see the line Send a resume to Scott Montalvo. You know Scott! He was in one of your marketing classes two years ago; he graduated last year with a degree in business. You decide to send your resume to Scott right away. A few days later youre delighted to hear Scotts voice on the phone. He remembers you well. He explains that he wants to hire someone to help him with clerical and other administrative tasks. He asks if you could start right away. When you say yes, he offers you the job on the spot! You start next Monday. When you arrive Monday morning, Scott explains that the first thing he needs you to learn is how to use a software package called QuickBooks Accountant. You quickly remind Scott that youre not an accounting major. Scott laughs as he assures you that youll have no problem with QuickBooks Accountant because it is so user oriented. He chose QuickBooks Accountant exactly for that reason and has been using it for about three months. Scott wants accurate, useful, and timely financial information to help him make sound business decisionsand hes not an accountant, either. Scott explains that the company has been using QuickBooks Accountant since its inception. He has become so busy at the company that he needs someone else in the office who can enter transactions, generate reports for the managers, and so on. So he says that today he will give you a tour of QuickBooks Accountant and teach you some of the basic features and functions of this package. You tell him that youre familiar with Windows and youre ready to start.
4. Scott Montalvo wants to know the amount and nature of inventory on hand as of December 15, 2014. Open the Larrys Landscaping & Garden Supply file you used in the chapter. Open an Inventory Valuation Summary report. Write your responses to questions below and print the Inventory Valuation Summary report.
a. What is the item description of inventory item Pump?
b. How many of this item were on hand on that date?
c. What was the average cost of this item on that date?
d. Print the Inventory Valuation Summary report in landscape orientation.
5. Scott has questions about the companys sales for the month of December. Open the Larrys Landscaping & Garden Supply file you used in the chapter. Open the Sales by Customer Detail report. Write your responses to the following questions.
a. What amount was DJs Computers billed this period? b. What was Jims Family Store billed this period? c. What was the total amount billed during this period?
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