Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Required information Skip to question Project 6.1 is a continuation of Project 5.1. You will use the QBO Company you created for Project 1.1 and

Required information

Skip to question

Project 6.1 is a continuation of Project 5.1. You will use the QBO Company you created for Project 1.1 and updated in subsequent Projects 2.1 through 5.1. Keep in mind the QBO Company for Project 6.1 does not reset and carries your data forward, including any errors. So it is important to check and crosscheck your work to verify it is correct before clicking the Save button.

Mookie The Beagle Concierge, a provider of convenient, high-quality pet care on demand, needs your assistance in processing vendors and expenses transactions using QBO.

Follow the steps shown on Pages 347 to 353 in Chapter 6, and complete each project requirement provided below

MookieTheBeagle.com 2017 Carl K. Yazigi. All Rights Reserved. Used with Permission. MookieTheBeagle.com, Mookie The Beagle, and the Mookie Character, names, and related indicia are trademarks of Carl K. Yazigi and used with permission.

rev: 06_19_2020_QC_CS-217242

Complete the following to record supplies purchased by Mookie The Beagle Concierge from Bichotte Supplies with a credit card.

1. Edit a Vendor in the Vendors List.

From the Navigation Bar, select Expenses > Vendors tab

From the Vendors List, select Vendor: Bichotte Supplies

Update the following vendor information.

Company: Bichotte Supplies
Phone: 415-555-4567
Billing Address Street: 810 Francais Drive
Billing Address City: Bayshore
Billing Address State: CA
Billing Address ZIP: 94326
Billing Address Country: USA

Select Save

2. Create Expense paid with Credit Card.

Select Create (+) icon > Expense

Select Payee: Bichotte Supplies

Select Payment Account: VISA Credit Card

Select Payment Date: 01/23/2022

Select Payment Method: Credit Card

Select Category: Office Supplies & Software (Expenses)

Enter Amount: 240.00

What is the Total for the Expense? (Answer this question in the table shown below. Round your answer to 2 decimal places.)

Select Save and leave the Expense displayed

3. View the Transaction Journal for the Expense.

From the bottom of the Bichotte Supplies Expense, select More > Transaction Journal

What are the Account and Amount Debited? (Answer this question in the table shown below. Round your answer to 2 decimal places.)

What are the Account and Amount Credited? (Answer this question in the table shown below. Round your answer to 2 decimal places.)

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

Recommended Textbook for

Contemporary Quantitative Finance

Authors: Carl Chiarella, Alexander Novikov

2010th Edition

3642034780, 978-3642034787

More Books

Students also viewed these Finance questions