Company Name: Green Thumb Landscaping Services Inc.

Background: Green Thumb Landscaping Services Inc. is a Canadian company that provides a variety of landscaping services including lawn maintenance, tree trimming, garden design and installation, and seasonal clean$-$up$.$ The company is based in Vancouver, British Columbia, and serves both residential and commercial clients throughout the Greater Vancouver area.

Business Number: $987654321$ RT$0001$

Address: $789$ Blossom Drive, Vancouver, BC$,$ V$5$Z $3$A$9$

Email:

info@greenthumblandscaping.ca

Phone Number: $(604)123-4567$

Major Source of Revenue: Revenue primarily comes from contracted landscaping services and one$-$off projects.

Opening Trial Balance as of January $1,2023$:

$\backslash$table$[[$Account$,$Debit $($CAD$),$Credit $($CAD$)],[$Cash$,50,000,],[$Accounts Receivable,$15,000,],[$Equipment$,70,000,],[$Accounts Payable,,$10,000],[$Loan Payable,,$50,000],[$Common Stock,,$50,000],[$Retained Earnings,,$25,000]]$

Transactions for January $2023$:

January $5$: Received a payment of $$10,000$ from a residential client, Mr$.$ John Doe, for an outstanding invoice. To record this transaction, go to Customers & Sales $>$ Receive Money. Select John Doe in the Received From field and enter the payment amount of $$10,000.$ In the Apply to Invoices tab, select the relevant invoice and enter the payment amount again, then save the transaction.

January $8$: Issued an invoice of $$8,000$ for a garden installation service provided to a residential client, Mrs$.$ Mary Smith. Record this by going to Customers & Sales $>$ Quotes and Invoices. Fill in the details, then save the transaction.

January $10$: Purchased new lawn mowing equipment for $$5,000$ on account from "Landscaping Supplies Ltd$."$ To record this transaction, go to Vendors & Purchases $>$ Enter Bills. Fill in the Vendor ID$,$ Date, and Amount Due, then save the transaction.

January $15$: Paid salaries of $$3,500$ to employees. Record this by going to Vendors & Purchases $>$ Write Checks. Select Payroll Expenses as the expense account, then save the transaction.

January $20$: Received a payment of $$8,000$ from Mrs$.$ Mary Smith for the invoice issued on January $8.$ Follow the same steps as the payment received on January $5.$

January $22$: Paid $$1,500$ for monthly vehicle expenses to "VanCity Auto Services". Record this by going to Vendors & Purchases $>$ Write Checks. Select VanCity Auto Services as the vendor and Vehicle Expenses as the expense account, then save the transaction.

January $27$: Paid $$5,000$ to "Landscaping Supplies Ltd$."$ for the lawn mowing equipment purchased on January $10.$ Go to Vendors & Purchases $>$ Payments. Select Landscaping Supplies Ltd$.$ as the vendor, enter the amount of $$5,000,$ then save the transaction.

January $29$: Issued an invoice of $$12,000$ for a seasonal clean$-$up service provided to a commercial client, "Vancouver Corporate Towers". Record this by going to Customers & Sales $>$ Quotes and Invoices. Fill in the details, then save the transaction.

January $30$: Paid office rent of $$2,000$ to "VanCity Realty". Record this by going to Vendors & Purchases $>$ Write Checks. Select Vancity Realty as the vendor and Rent Expense as the expense account, then save the transaction.