In the reply box, identify errors, areas of concern, and the accounts you will want to review. Be specific. State why you think something is wrong; what attracted your attention. Think of what may have been handled incorrectly and offer a way to fix it.

Chrome File Edit View History Bookmarks Profiles Tab Window Help * 44% 44% D E Wed 9:13 PM Tamana QE X C Interpreting and Ana X W financial reporting a X Topic: Reviewing Stax Intuit Class BUSAD 202 M X M Inbox (11,599) - tam x| + + c O File /Users/Tamana/Downloads/QBDT-File%20Review_Reports%20(3).pdf Apps M Gmail Maps G Google m Modesto Junior C. Dashboard w MyWay O YouTube Update : ae ear ea Reading List = Intuit 1/3 - 100% + | 0 + QBDT File Review Balance Sheet As of December 31, 2019 Accrual Basis Dec 31, 19 ASSETS Current Assets Checking/Savings Checking Savings 9,357.00 24,000.00 33,357.00 LLE -5,165.00 -5,165.00 Total Checking/Savings Accounts Receivable Accounts Receivable Total Accounts Receivable Other Current Assets Prepaid Advertising Prepaid Insurance Prepaid Rent Total Other Current Assets 1,200.00 1,800.00 a75.00 3,875.00 2 32,067.00 Total Current Assets Fixed Assets Graphic Equipment Office Equipment Total Fixed Assets Other Assets Supplies 27,600.00 2,000.00 29,600.00 -925.00 QBDT-File Revie....pdf Show All 6 @@ A O AW) XPDW Chrome File Edit View History Bookmarks Profiles Tab Window Help * 44% 44% D E Wed 9:13 PM Tamana QE X C Interpreting and Ana X W financial reporting a X Topic: Reviewing Sta X Intuit Class BUSAD 202 M X M Inbox (11,599) - tam x| + c O File /Users/Tamana/Downloads/QBDT-File%20Review_Reports%20(3).pdf M Gmail Maps G Google w Modesto Junior C... Dashboard MyWay O YouTube Update : Apps ae ear ea Reading List = Intuit 1 / 3 100% + 0 + : -925.00 60,742.00 Total Other Assets TOTAL ASSETS LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable Accounts Payable Total Accounts Payable 1,265.00 1,265.00 Credit Cards QuickBooks Credit Card 1,000.00 1,000.00 Total Credit Cards Other Current Liabilities Accumulated Depreciation Office Equipment Total Accumulated Depreciation 125.00 125.00 LLE 24,050.00 -2,500.00 1,800.00 Service Revenue Customer Deposits Wages Payable Total Other Current Liabilities Total Current Liabilities 23,475.00 25,740.00 Total Liabilities 25,740.00 2 Equity Jane Doe-Capital Jane Doe-Draws Net Income Total Equity TOTAL LIABILITIES & EQUITY 60,000.00 2,500.00 22,498,00 35,002.00 60,742.00 Page 1 INC 6 WIX XPEDW Chrome File Edit View History Bookmarks Profiles Tab Window Help * 43% 43%O E Wed 9:14 PM Tamana QE X C Interpreting and Ana X W financial reporting a X Topic: Reviewing Stax Intuit Class BUSAD 202 M X M Inbox (11,599) - tam x| + + c O File /Users/Tamana/Downloads/QBDT-File%20Review_Reports%20(3).pdf M Gmail Maps G Google w Modesto Junior C... Dashboard MyWay O YouTube Update : Apps ae ear ea Reading List = Intuit 2 / 3 100% + | 0 + QBDT File Review Profit & Loss January through December 2019 Accrual Basis Jan - Dec 19 ""', '' Income Petty Cash Fund Returned Check Charges -200.00 35.00 Total Income -165.00 1,790.00 25.00 1,400.00 125.00 Expense Advertising Expense Bank Service Charges Depreciation Expense Graphic Equipment Office Equipment Total Depreciation Expense Dues and Subscriptions Insurance Expense Mileage Expense Miscellaneous Expenses Rent Expense Repairs and Maintenance Expense Supplies Expense Utilities Expense Wages Expense Total Expense Net Income 2 1,525.00 0.00 600.00 1,326.00 300.00 2,625.00 1,400.00 6,275.00 265.00 6,200.00 22,333,00 -22,498.00 INC 6 m AWT). x] PDW Chrome File Edit View History Bookmarks Profiles Tab Window Help * 43% 43%O E Wed 9:14 PM Tamana QE X C Interpreting and Ana x W financial reporting a X Topic: Reviewing Stax Intuit Class BUSAD 202 M X M Inbox (11,599) - tam x| + c O File /Users/Tamana/Downloads/QBDT-File%20Review_Reports%20(3).pdf M Gmail Maps G Google w Modesto Junior C... Dashboard W MyWay O YouTube Update : Apps ae ear ea Reading List = Intuit 3 / 3 + : 100% + VDUTTHe Neview Reconciliation Detail Checking, Period Ending 12/31/2019 Name Cir Amount Balance 11,476.00 Corvina Office Suppl... Ellie Smith Ellie Smith Ellie Smith Gomez Gomez Google Ads X X X X 1 Type Date Num Beginning Balance Cleared Transactions Checks and Payments - 8 items Check 11/05/2019 96 Check 11/28/2019 97 Check 12/01/2019 100 Check 12/16/2019 101 General Journal 12/24/2010 2 2 General Journal 12/24/2019 3 Check 12/28/2019 103 Check 01/31/2021 Total Checks and Payments Deposits and Credits - 3 items Transfer 11/30/2019 DIT Deposit 12/05/2019 Deposit 12/20/2019 Total Deposits and Credits Total Cleared Transactions -1,750.00 490,00 -1,500.00 -1,500.00 -3.620.00 -25.00 -1,200.00 20.00 -1,750.00 -2,230.00 -3,730.00 -5,230.00 -8,850.00 -8.875.00 -10,075.00 -10,095.00 -10,095.00 X - 10.095.00 L. 1,000.00 6,000.00 6,420.00 1,000.00 7,000.00 13,420.00 13,420.00 13.420.00 3,325.00 3,325.00 3,325.00 2 Cleared Balance 14,801.00 Uncleared Transactions Checks and Payments - 4 items Check 11/30/2019 99 Check 12/25/2019 102 Check 12/31/2019 104 Bill Pmt-Check 12/31/2019 105 Jane Doe Ellie Smith Bank of America A Plus Service -2.500.00 464.00 -2,000.00 -500.00 -2,500.00 -2,964.00 -4,964.00 -5,464.DO Total Checks and Payments -5.464.00 5,464.00 Talal Uncleared Transactions Register Balance as of 12/31/2019 Ending Balance -5,464.00 -5,464.00 9,337.00 9,337.00 -2,139.00 -2,139.00 6 10 AWT) XPDw Chrome File Edit View History Bookmarks Profiles Tab Window Help * 44% 44% D E Wed 9:13 PM Tamana QE X C Interpreting and Ana X W financial reporting a X Topic: Reviewing Stax Intuit Class BUSAD 202 M X M Inbox (11,599) - tam x| + + c O File /Users/Tamana/Downloads/QBDT-File%20Review_Reports%20(3).pdf Apps M Gmail Maps G Google m Modesto Junior C. Dashboard w MyWay O YouTube Update : ae ear ea Reading List = Intuit 1/3 - 100% + | 0 + QBDT File Review Balance Sheet As of December 31, 2019 Accrual Basis Dec 31, 19 ASSETS Current Assets Checking/Savings Checking Savings 9,357.00 24,000.00 33,357.00 LLE -5,165.00 -5,165.00 Total Checking/Savings Accounts Receivable Accounts Receivable Total Accounts Receivable Other Current Assets Prepaid Advertising Prepaid Insurance Prepaid Rent Total Other Current Assets 1,200.00 1,800.00 a75.00 3,875.00 2 32,067.00 Total Current Assets Fixed Assets Graphic Equipment Office Equipment Total Fixed Assets Other Assets Supplies 27,600.00 2,000.00 29,600.00 -925.00 QBDT-File Revie....pdf Show All 6 @@ A O AW) XPDW Chrome File Edit View History Bookmarks Profiles Tab Window Help * 44% 44% D E Wed 9:13 PM Tamana QE X C Interpreting and Ana X W financial reporting a X Topic: Reviewing Sta X Intuit Class BUSAD 202 M X M Inbox (11,599) - tam x| + c O File /Users/Tamana/Downloads/QBDT-File%20Review_Reports%20(3).pdf M Gmail Maps G Google w Modesto Junior C... Dashboard MyWay O YouTube Update : Apps ae ear ea Reading List = Intuit 1 / 3 100% + 0 + : -925.00 60,742.00 Total Other Assets TOTAL ASSETS LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable Accounts Payable Total Accounts Payable 1,265.00 1,265.00 Credit Cards QuickBooks Credit Card 1,000.00 1,000.00 Total Credit Cards Other Current Liabilities Accumulated Depreciation Office Equipment Total Accumulated Depreciation 125.00 125.00 LLE 24,050.00 -2,500.00 1,800.00 Service Revenue Customer Deposits Wages Payable Total Other Current Liabilities Total Current Liabilities 23,475.00 25,740.00 Total Liabilities 25,740.00 2 Equity Jane Doe-Capital Jane Doe-Draws Net Income Total Equity TOTAL LIABILITIES & EQUITY 60,000.00 2,500.00 22,498,00 35,002.00 60,742.00 Page 1 INC 6 WIX XPEDW Chrome File Edit View History Bookmarks Profiles Tab Window Help * 43% 43%O E Wed 9:14 PM Tamana QE X C Interpreting and Ana X W financial reporting a X Topic: Reviewing Stax Intuit Class BUSAD 202 M X M Inbox (11,599) - tam x| + + c O File /Users/Tamana/Downloads/QBDT-File%20Review_Reports%20(3).pdf M Gmail Maps G Google w Modesto Junior C... Dashboard MyWay O YouTube Update : Apps ae ear ea Reading List = Intuit 2 / 3 100% + | 0 + QBDT File Review Profit & Loss January through December 2019 Accrual Basis Jan - Dec 19 ""', '' Income Petty Cash Fund Returned Check Charges -200.00 35.00 Total Income -165.00 1,790.00 25.00 1,400.00 125.00 Expense Advertising Expense Bank Service Charges Depreciation Expense Graphic Equipment Office Equipment Total Depreciation Expense Dues and Subscriptions Insurance Expense Mileage Expense Miscellaneous Expenses Rent Expense Repairs and Maintenance Expense Supplies Expense Utilities Expense Wages Expense Total Expense Net Income 2 1,525.00 0.00 600.00 1,326.00 300.00 2,625.00 1,400.00 6,275.00 265.00 6,200.00 22,333,00 -22,498.00 INC 6 m AWT). x] PDW Chrome File Edit View History Bookmarks Profiles Tab Window Help * 43% 43%O E Wed 9:14 PM Tamana QE X C Interpreting and Ana x W financial reporting a X Topic: Reviewing Stax Intuit Class BUSAD 202 M X M Inbox (11,599) - tam x| + c O File /Users/Tamana/Downloads/QBDT-File%20Review_Reports%20(3).pdf M Gmail Maps G Google w Modesto Junior C... Dashboard W MyWay O YouTube Update : Apps ae ear ea Reading List = Intuit 3 / 3 + : 100% + VDUTTHe Neview Reconciliation Detail Checking, Period Ending 12/31/2019 Name Cir Amount Balance 11,476.00 Corvina Office Suppl... Ellie Smith Ellie Smith Ellie Smith Gomez Gomez Google Ads X X X X 1 Type Date Num Beginning Balance Cleared Transactions Checks and Payments - 8 items Check 11/05/2019 96 Check 11/28/2019 97 Check 12/01/2019 100 Check 12/16/2019 101 General Journal 12/24/2010 2 2 General Journal 12/24/2019 3 Check 12/28/2019 103 Check 01/31/2021 Total Checks and Payments Deposits and Credits - 3 items Transfer 11/30/2019 DIT Deposit 12/05/2019 Deposit 12/20/2019 Total Deposits and Credits Total Cleared Transactions -1,750.00 490,00 -1,500.00 -1,500.00 -3.620.00 -25.00 -1,200.00 20.00 -1,750.00 -2,230.00 -3,730.00 -5,230.00 -8,850.00 -8.875.00 -10,075.00 -10,095.00 -10,095.00 X - 10.095.00 L. 1,000.00 6,000.00 6,420.00 1,000.00 7,000.00 13,420.00 13,420.00 13.420.00 3,325.00 3,325.00 3,325.00 2 Cleared Balance 14,801.00 Uncleared Transactions Checks and Payments - 4 items Check 11/30/2019 99 Check 12/25/2019 102 Check 12/31/2019 104 Bill Pmt-Check 12/31/2019 105 Jane Doe Ellie Smith Bank of America A Plus Service -2.500.00 464.00 -2,000.00 -500.00 -2,500.00 -2,964.00 -4,964.00 -5,464.DO Total Checks and Payments -5.464.00 5,464.00 Talal Uncleared Transactions Register Balance as of 12/31/2019 Ending Balance -5,464.00 -5,464.00 9,337.00 9,337.00 -2,139.00 -2,139.00 6 10 AWT) XPDw