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I need help for the create of accounts to match chart of accounts 3. Create accounts to match the following Chart of Account: Account types
I need help for the create of accounts to match chart of accounts
3. Create accounts to match the following Chart of Account: Account types are shown in brackets beside the account. (A) = Subgroup (S) - Subgroup total (H) = Heading (T) = Total (X) = Current Earnings All other accounts (unmarked) are Group accounts. Allow division allocations for all revenue and expense accounts Edit the current earnings account THE DOG HOUSE: Chart of Accounts 1000 CURRENT ASSETS (H) 1050 Test Balance 1060 Undeposited Cash & Cheques 1080 Bank: CAD Chequing 1090 Bank: USD Chequing 1100 Bank: Credit Card 1200 Accounts Receivable 1240 Advances Receivable 1260 Purchase Prepayments 1280 Food Supplies 1300 Other Supplies 1390 TOTAL CURRENT ASSETS (T) 2420 Medical-MSP Payable 2460 WSIB Payable 2650 HST Charged on Sales (A) 2670 HST Paid on Purchases (A) 2750 HST Owing (Refund) (S) 2900 TOTAL CURRENT LIABILITIES (T) 3000 OWNER'S EQUITY (H) 3560 A. Katz, Capital 3600 Net Income (X) 3690 TOTAL OWNER'S EQUITY (T) 1400 INVENTORY (H) 1420 Purebred Dogs 1440 Dog Food 1460 Dog Houses 1490 TOTAL INVENTORY (T) 4000 REVENUE (H) 4020 Revenue from Sales 4050 Revenue from Services 4100 Sales Discounts 4200 Freight Revenue 4390 TOTAL REVENUE (T) 1500 PLANT & EQUIPMENT (H) 1550 Computer/Cash Register 1580 Store Fixtures and Cages 1590 TOTAL PLANT & EQUIPMENT (T) EQUIPMENT 5000 EXPENSES (H) 5010 Bank & Credit Card Fees 5015 Exchange Rate Differences 5020 Cleaning and Maintenance 5030 Adjustment Write-Off 28C O BI 3. Create accounts to match the following Chart of Account: Account types are shown in brackets beside the account. (A) = Subgroup (S) - Subgroup total (H) = Heading (T) = Total (X) = Current Earnings All other accounts (unmarked) are Group accounts. Allow division allocations for all revenue and expense accounts Edit the current earnings account THE DOG HOUSE: Chart of Accounts 1000 CURRENT ASSETS (H) 1050 Test Balance 1060 Undeposited Cash & Cheques 1080 Bank: CAD Chequing 1090 Bank: USD Chequing 1100 Bank: Credit Card 1200 Accounts Receivable 1240 Advances Receivable 1260 Purchase Prepayments 1280 Food Supplies 1300 Other Supplies 1390 TOTAL CURRENT ASSETS (T) 2420 Medical-MSP Payable 2460 WSIB Payable 2650 HST Charged on Sales (A) 2670 HST Paid on Purchases (A) 2750 HST Owing (Refund) (S) 2900 TOTAL CURRENT LIABILITIES (T) 3000 OWNER'S EQUITY (H) 3560 A. Katz, Capital 3600 Net Income (X) 3690 TOTAL OWNER'S EQUITY (T) 1400 INVENTORY (H) 1420 Purebred Dogs 1440 Dog Food 1460 Dog Houses 1490 TOTAL INVENTORY (T) 4000 REVENUE (H) 4020 Revenue from Sales 4050 Revenue from Services 4100 Sales Discounts 4200 Freight Revenue 4390 TOTAL REVENUE (T) 1500 PLANT & EQUIPMENT (H) 1550 Computer/Cash Register 1580 Store Fixtures and Cages 1590 TOTAL PLANT & EQUIPMENT (T) EQUIPMENT 5000 EXPENSES (H) 5010 Bank & Credit Card Fees 5015 Exchange Rate Differences 5020 Cleaning and Maintenance 5030 Adjustment Write-Off 28C O BIStep by Step Solution
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