I would like to record these to quickbooks, please
consulting services of phones. Jen recorded alf transactions as they occurred during March using a manual accounting system. Jen decided to convert the actounting records to Quick books. You have been retained to set up the atcounting records in Quick Books. 2. Use the information below to create and set up the company file as of 3/1/20. 3. Enable the inventory preference, sales tax, extend the time-out period to 3 hours and activate the timetracking feature. 4. Update the Chart of Accounts List with the following new accounts: "When entering a new fixed assets place a check in the Track depreciation of this asset check box to reveal Oricinal cost and Depreciation text boves. 5. Set up the following customers: - Tribune, 3825 5. Higuera St., San Lu Obisgo, CA 93001, 805-781-7800 Terms: Net 30, Contact: Sara Miles - City of San Luis Obispo, 990 Palin Street, San Luis Obispo, CA 93401, sos78.1-7100, Terms: Net 30, Contact: Robert Preston - Sterling Hotels Corporation, 4115 Broad Street, Suite 8-1, San Luis Obispo, CA 93401, 805-546-9388, Terms: Net 30, Contacti Monica Flowers - Veriton Communications, 1255 Corporate Drive, Irvine. TX 75033, 972 . 5075000, Terms: Net 30, Contact: Fransisco Rojas - Nokia Moble Phones, 23621 Park Sorrente Road, Suite 101, Calabasas, CA 91302, 318-676-6000, Tenns: Net 30, Contact Brandy Parker - Ericion inc, 740 East Cambell Road, Rachardson, Tx 75081, 972-583-0000, Terms: Net 30, Contact: Monty Python - Amex Credit Card, PO Bos 982237, ti Pase, Texas 79998 - California Dept of Revenue Set up the following ifems: - Consulting Services: Type: Service, Rate: 595, Taxable, update sales account - Inventory Part item name/descriptions Nokia 8290, Cost \$150, Sales price: $225, Taxable, update sale, cost $ inventory accounts. - Inventocy Part Rem name/deseription: Nokia 8890, Cost: 5175 , Sales price: $250, Taxable, update sale, cost \& inventory accounts: - Inventory Part Item name/description: Ericison LCses, Cost: $50, Sales price: $85, Taxable, update sale, cost \& inventory accounts. For inventory parts: Inital quantity on hand ' J; As of date '03/01/2020', Reorder point 'heave blank' 9. The following activity occurred during the month of March. Record the following transactions in the appropriate window. Mar 3 Owner depesited $200,000 of perional funds into the cempany checking acceunt. (Reitiember this is a sole proprietorship.] Use the Opening Balance Equity account to record this transaction. Mar 3 5igned a lease with Central Coast Leasing to rent retail space. Set up as a new vendor (2830 MeMillan Ave. *7. San tuis Dbispo, CA 93401, 805-544-2875) Mar 8 The company purchased furniture 8 equipment by writing Check No. 3001 for $20,000 to fussco (a new vendor located at 30465 . Higuera St. San Luis Obispo, CA 93401, 305-547.8440]. Mar 9 The company ordered inventory on account from the following vendorst Mar 10 The company purchased supplies from Pussco for $3,000 using Check No. 3002. (use the asset account) Mar 13 The compamy wrote Check No. 3003 to Central Costing leasing for $6,000 i $3,000 for lanuary's rent and $3,000 as a security deposit). (DEint: You will need to create a new current asset type account named Security Deposit.) Mar 14 The company paid Ericsson, Inc, imvolce 100 with check 30048 paid the Nokia Mobile Phones invoice 200 with check 3005 . Mar 16 The compary created Sales Receipt No. 501 to record 50 hours of conduthing services 8 the sale of 25 Ericssea LX583 phones; 20 Nokia 8290 phones \& 5 Nokia 8390 phones to Sterling Hotels Corporation. Check 10527 was received 8 deposited for $13,603.44. Mar 17 Transferred online $25,000 from the Cash- Operating account to Cash-Money Market account. Mar 23 Enter Amex Credit Card which includes the following charges: Mar 27 The company created Invoice No, 1012 to record 30 hours of consulting services \& the sale of 15 Ericsson LX588 phones; 20 Nokia 8290 phones \& 25 Nokia 8890 phones to City of San Luis Obispo. Mar 30 Paid Amex Credit Card in the amount of $835 using check 3010 Mar 30 Received full payment from City of San Luis Obispo for invoice 1012 \& deposited in bank. 10. Display and print the following reports for March 1, 2020 to Mar 31, 2020: Journal Trial Balance Profit and Loss Balance Sheet consulting services of phones. Jen recorded alf transactions as they occurred during March using a manual accounting system. Jen decided to convert the actounting records to Quick books. You have been retained to set up the atcounting records in Quick Books. 2. Use the information below to create and set up the company file as of 3/1/20. 3. Enable the inventory preference, sales tax, extend the time-out period to 3 hours and activate the timetracking feature. 4. Update the Chart of Accounts List with the following new accounts: "When entering a new fixed assets place a check in the Track depreciation of this asset check box to reveal Oricinal cost and Depreciation text boves. 5. Set up the following customers: - Tribune, 3825 5. Higuera St., San Lu Obisgo, CA 93001, 805-781-7800 Terms: Net 30, Contact: Sara Miles - City of San Luis Obispo, 990 Palin Street, San Luis Obispo, CA 93401, sos78.1-7100, Terms: Net 30, Contact: Robert Preston - Sterling Hotels Corporation, 4115 Broad Street, Suite 8-1, San Luis Obispo, CA 93401, 805-546-9388, Terms: Net 30, Contacti Monica Flowers - Veriton Communications, 1255 Corporate Drive, Irvine. TX 75033, 972 . 5075000, Terms: Net 30, Contact: Fransisco Rojas - Nokia Moble Phones, 23621 Park Sorrente Road, Suite 101, Calabasas, CA 91302, 318-676-6000, Tenns: Net 30, Contact Brandy Parker - Ericion inc, 740 East Cambell Road, Rachardson, Tx 75081, 972-583-0000, Terms: Net 30, Contact: Monty Python - Amex Credit Card, PO Bos 982237, ti Pase, Texas 79998 - California Dept of Revenue Set up the following ifems: - Consulting Services: Type: Service, Rate: 595, Taxable, update sales account - Inventory Part item name/descriptions Nokia 8290, Cost \$150, Sales price: $225, Taxable, update sale, cost $ inventory accounts. - Inventocy Part Rem name/deseription: Nokia 8890, Cost: 5175 , Sales price: $250, Taxable, update sale, cost \& inventory accounts: - Inventory Part Item name/description: Ericison LCses, Cost: $50, Sales price: $85, Taxable, update sale, cost \& inventory accounts. For inventory parts: Inital quantity on hand ' J; As of date '03/01/2020', Reorder point 'heave blank' 9. The following activity occurred during the month of March. Record the following transactions in the appropriate window. Mar 3 Owner depesited $200,000 of perional funds into the cempany checking acceunt. (Reitiember this is a sole proprietorship.] Use the Opening Balance Equity account to record this transaction. Mar 3 5igned a lease with Central Coast Leasing to rent retail space. Set up as a new vendor (2830 MeMillan Ave. *7. San tuis Dbispo, CA 93401, 805-544-2875) Mar 8 The company purchased furniture 8 equipment by writing Check No. 3001 for $20,000 to fussco (a new vendor located at 30465 . Higuera St. San Luis Obispo, CA 93401, 305-547.8440]. Mar 9 The company ordered inventory on account from the following vendorst Mar 10 The company purchased supplies from Pussco for $3,000 using Check No. 3002. (use the asset account) Mar 13 The compamy wrote Check No. 3003 to Central Costing leasing for $6,000 i $3,000 for lanuary's rent and $3,000 as a security deposit). (DEint: You will need to create a new current asset type account named Security Deposit.) Mar 14 The company paid Ericsson, Inc, imvolce 100 with check 30048 paid the Nokia Mobile Phones invoice 200 with check 3005 . Mar 16 The compary created Sales Receipt No. 501 to record 50 hours of conduthing services 8 the sale of 25 Ericssea LX583 phones; 20 Nokia 8290 phones \& 5 Nokia 8390 phones to Sterling Hotels Corporation. Check 10527 was received 8 deposited for $13,603.44. Mar 17 Transferred online $25,000 from the Cash- Operating account to Cash-Money Market account. Mar 23 Enter Amex Credit Card which includes the following charges: Mar 27 The company created Invoice No, 1012 to record 30 hours of consulting services \& the sale of 15 Ericsson LX588 phones; 20 Nokia 8290 phones \& 25 Nokia 8890 phones to City of San Luis Obispo. Mar 30 Paid Amex Credit Card in the amount of $835 using check 3010 Mar 30 Received full payment from City of San Luis Obispo for invoice 1012 \& deposited in bank. 10. Display and print the following reports for March 1, 2020 to Mar 31, 2020: Journal Trial Balance Profit and Loss Balance Sheet
