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Part B You are required to complete the following task using MYOB AccountRight 2017.2. You must complete all of the requirements below. If you need

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Part B You are required to complete the following task using MYOB AccountRight 2017.2. You must complete all of the requirements below. If you need help understanding any questions, ask your assessor to explain. 1. Create a new data file based on the following information: You must create the company including your student number and an address. This will identify your work when you submit your assessment. You should regularly back up the files you create. Jimmy Buzzwell owns and operates A small business "Buzzwell's Landscaping". The business has been running for over 10 years. Historically all records have been kept manually and at the end of each financial year the records are sent to his accountant for sorting and preparation of the business taxation return and accounts. As Jimmy's accountant, you have suggested to Jimmy that he could save on accounting fees by setting up and operating MYOB to process the business transactions. Jimmy has approached you to assist him with the setup of the business in MYOB. Buzzwell's Landscaping_your student number Your Address ABN 92 456 864 582 Phone: (02) 9537 9100 Email: Jimmy@buzzland.com.au Current Financial Year: 2018 Conversion Month: January Industry Classification: Service 2. Make the following changes to the List of Accounts: Account Name Account Name 1-1110 Cheque Account 4-1500 Lawn Mowing Income 1-1140 Petty Cash 4-2000 Tree Felling Income 1-1310 Accounts Receivable 4-2500 Tool Rental Income 1-1330 Deposits Paid 6-1100 Legal & Accounting 1-2100 Garden Tools 6-1200 Advertising 1-2110 Garden Tools at Cost 6-1300 Bank Charges 1-2120 Garden Tools Accum Dep 6-1400 Equipment Rental Expenses 1-2410 Motor Vehicles at Cost 6-1600 Maintenance 1-2420 Moto Vehicles Accum Dep 6-2100 Staff Amenities 2-1510 Accounts Payable 6-2200 Travel and Entertainment 2-2100 ZNA Bank Loan 6-2700 Office Supplies 3-1000 6-2800

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