How would I record these in MYOB account right v19 can you please provide step by step instructions Thanks It is now 7 January 2024 You find a note on your desk from Alonso instructing you to record a list of transactions that occurred during the first week of January as follows Transactions from early January 2024 2 Obtained a loan of $16,000 from Uncle Sebastian (a family relative of AlonsoCohen) at a simple interest rate of 12 per year, Cheque No 188, ID CR000001 The principal and interest on the loan are payable in six months time 3 Issued Cheque No 4005 for $9,328 to Big Telco in payment of Purchase 326 (Supplier Inv 253) 3 Received Cheque No 249 from Hypertronics for the full amount outstanding on their account, ID CR000002 3 Issued Cheque No 4006 for $1,980 (includes 10 GST) to Discount Office Supplies for the cash purchase of office supplies 4 Purchased 7 units Tony ZIO MLP projectors from Pear Technology at $1,342 each (includes 10 GST), Purchase 329, Supplier Inv 579 Issued Cheque No 4007 for $5,500 to this supplier for this particular invoice at the time of the purchase 5 Sold the following items on credit to Handys Electronics, Invoice 3324 4 units BlueBerry phones for $1,870 each (includes 10 GST) 3 units ZII game consoles for $1,650 each (includes 10 GST) $3,700 was received immediately, Cheque No 640, with the rest due to be received during the last week of the month Note that MYOB automatically assigns ID CR000003 to this cash receipt

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Posted on May 18, 2024

How would I record these in MYOB account right v19.

can you please provide step by step instructions. Thanks

It is now 7 January 2024

You find a note on your desk from Alonso instructing you to record a list of transactions that occurred during the first week of January as follows:

Transactions from early January 2024
2	Obtained a loan of $16,000 from Uncle Sebastian (a family relative of AlonsoCohen) at a simple interest rate of 12% per year, Cheque No. 188, ID #CR000001. The principal and interest on the loan are payable in six months time.
3	Issued Cheque No. 4005 for $9,328 to Big Telco in payment of Purchase #326 (Supplier Inv#253).
3	Received Cheque No. 249 from Hypertronics for the full amount outstanding on their account, ID #CR000002.
3	Issued Cheque No. 4006 for $1,980 (includes 10% GST) to Discount Office Supplies for the cash purchase of office supplies.
4	Purchased 7 units Tony ZIO MLP projectors from Pear Technology at $1,342 each (includes 10% GST), Purchase #329, Supplier Inv#579. Issued Cheque No. 4007 for $5,500 to this supplier for this particular invoice at the time of the purchase.
5	Sold the following items on credit to Handys Electronics, Invoice #3324: 4 units BlueBerry phones for $1,870 each (includes 10% GST) 3 units ZII game consoles for $1,650 each (includes 10% GST). $3,700 was received immediately, Cheque No. 640, with the rest due to be received during the last week of the month. Note that MYOB automatically assigns ID #CR000003 to this cash receipt.