Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please eplain in detail how to do this in quickbookss Use the test drive, and change the company name and logo . Record a fountain

please eplain in detail how to do this in quickbookss
Use the test drive, and change the company name and logo. Record a fountain plaza project performed for a new customer named Victoria Youachee.
Issue an estimate to the customer. Your estimate includes two hours of custom design, one rock fountain, two fountain pumps, four hours of concrete service ( $100 per hour), and three hours of landscape installation service. The customer agrees on the total amount. Output the estimate into a poff file.
You outsource the concrete service from Tim Philip Masonry (TPM), who asks for 3300 for the job.
You purchase $120 job materials from Hicks Hardware.
You have $30 job related gas expense and $50 meal expense.
John Johnson spends 2 hour on the custom design and 4 hours on the installation. Record his time spent on the project. Output John's time activity.
You complete the project and send an invoice with an amount shown in the project estimace. You off anocher 10% discount. Output the invoice.
Receive the bill from TPM. Output the bill.
Output the project profitability (should equal $259.5) report to a pdf file.
Note QBO project does not include employee's labor cost. Assume john's per hour salary is $45. Re-assess the profitability of this project. Output your calculation.
Upload all the pdf/excel/picture files.
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions