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Q13. This question is about Accounting Transactions. Below you can see invoices that should be included and entered in the accounting system. Using the chart
Q13. This question is about Accounting Transactions. Below you can see invoices that should be included and entered in the accounting system. Using the chart of accounts, show how do you record Accounting Transactions and apply the changes in balance sheet, income statement, job cost ledger, equipment ledger? You can use Excel or word to do this Accounting Transactions. You should upload Excel file, word file or exported PDF file for your answer. Students will be able to upload a file for their answer. a. A $5,000 invoice for concrete charged to job cost code 302.01.32300M b. A $12,350 invoice from a subcontractor for plumbing charged to job cost code 309.02.22100. Ten percent retention is withheld from the invoice. c. A $255 phone bill charged to job cost code 315.01.018000 d. A $1,352 bill for main office rent. e. A \$112 invoice for office supplies for the main office f. A \$375 invoice for repairs to Backhoe 2 g. A $563 invoice for nails. The nails will be placed in inventory until they are needed on the jobs, at which time they will be billed to the jobs. Q13. This question is about Accounting Transactions. Below you can see invoices that should be included and entered in the accounting system. Using the chart of accounts, show how do you record Accounting Transactions and apply the changes in balance sheet, income statement, job cost ledger, equipment ledger? You can use Excel or word to do this Accounting Transactions. You should upload Excel file, word file or exported PDF file for your answer. Students will be able to upload a file for their answer. a. A $5,000 invoice for concrete charged to job cost code 302.01.32300M b. A $12,350 invoice from a subcontractor for plumbing charged to job cost code 309.02.22100. Ten percent retention is withheld from the invoice. c. A $255 phone bill charged to job cost code 315.01.018000 d. A $1,352 bill for main office rent. e. A \$112 invoice for office supplies for the main office f. A \$375 invoice for repairs to Backhoe 2 g. A $563 invoice for nails. The nails will be placed in inventory until they are needed on the jobs, at which time they will be billed to the jobs
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