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Posted on Jul 14, 2024

What is the Total Debit and Credit- Journal? Sold 3 rock fountains on account to the customer, Amy's Bird Sanctuary, $825 plus 8% sales tax;

image text in transcribed What is the Total Debit and Credit- Journal?

Sold 3 rock fountains on account to the customer, Amy's Bird Sanctuary, $825 plus 8% sales tax; total $891. (If a Hi Craig! page appears, click on the left arrow to return to the Dashboard.) Sold 20 sprinkler heads on account to the customer, Sushi by Katsuyuki, $40 plus 8% sales tax; total $43.20. (Hint: For sales tax, select California.) Completed 4 hours of installation of landscape design for Kookies by Kathy; received $200. (Hint: > Sales Receipt. Payment method, Check; Deposit to, Checking; Product/Service, Installation; no sales tax charged for installation.) Completed 3 hours of custom design work for Cool Cars; received $225. (Hint: Payment method, Check; Deposit to, Checking; Product/Service, Design; No sales tax.) Completed 10 hours of custom design work on account for the customer, John Melton, $750. Received a bill from Lee Advertising, $250, for local paper advertising. Received a bill from Cal Telephone for $56.50, for telephone expense. Received a bill from PG&E for $86.44, for utilities (gas and electric) expense. Received a bill from Hall Properties for $900, for building lease. Issued Check No. 71 from the Checking account to Chin's Gas and Oil, $48.05, for Automobile:Fuel. (Hint: In the Category field, select Automobile:Fuel. Type the Amount, $48.05. Since you restarted the sample company, the default check number is 71.) Issued Check No. 72 to Ellis Equipment Rental, from the Checking account, $115, for equipment rental expense. (Hint: In the Category field, select Equipment Rental, an Expenses account.) Issued Check No. 73 to Red Rock Diner, from the Checking account, for $23.37, for Meals and Entertainment. Exercise 1-2: Follow the instructions below to complete 9 Exercise 1-2: 1. Display the Journal for the date you entered Exercise 1-1 transactions. (Hint: This Month-to-date is the default. The From and To fields should show the current date; for example, select Today in the Transaction Date field. Go to Reports > For my accountant > Journal > Today.) Check that you entered Exercise 1-1's transactions. 2. Export the Journal to Excel and save as a PDF file. The suggested file name is Exercise 1-2_Journal. Type the date that you entered the Journal transactions. (Hint: Since you started QBO's sample company in Exercise 1-1, scroll down to see that the Exercise 1-1 transactions were entered.) 3. Display the Transaction Detail by Account report. Export the report to Excel and save as a PDF file. In the Report period field, select All dates. Use the file name Exercise 1-2_Transaction Detail by Account. 4. Display the Trial Balance. In the Transaction Date field, select All Dates. Export to Excel and save as a PDF file. Use the file name Exercise 1-2_Trial Balance. Check Your Figures: Checking 1,439.58 Accounts Receivable 6,965.72 Accounts Payable 2,895.61 Design Income 3,225.00 Advertising 324.86 Chapter One - Exercises Saved 1 Required information Exercises 1-1 to 1-3 7 points Start the QuickBooks Online test-drive. Using Craig's Design and Landscaping Services, complete all the hands-on work, step-by-step activities presented on pages 1 to 46, and Exercises 1-1 and 1-2 on pages 47-50. To answer the questions below, use the information in QuickBooks from your Chapter 1 work. eBook Print References Exercises 1-1 and 1-2 Required: 1 to 3: What are the amounts for the following items? (Enter your answers with 2 decimal places.) Amount Question 1. Total debits and credits - Journal 2. Amy's Bird Sanctuary - Accounts Receivable 3. Sushi by Katsuyuki Accounts Receivable $ 891.00 $ 43.20 Sold 3 rock fountains on account to the customer, Amy's Bird Sanctuary, $825 plus 8% sales tax; total $891. (If a Hi Craig! page appears, click on the left arrow to return to the Dashboard.) Sold 20 sprinkler heads on account to the customer, Sushi by Katsuyuki, $40 plus 8% sales tax; total $43.20. (Hint: For sales tax, select California.) Completed 4 hours of installation of landscape design for Kookies by Kathy; received $200. (Hint: > Sales Receipt. Payment method, Check; Deposit to, Checking; Product/Service, Installation; no sales tax charged for installation.) Completed 3 hours of custom design work for Cool Cars; received $225. (Hint: Payment method, Check; Deposit to, Checking; Product/Service, Design; No sales tax.) Completed 10 hours of custom design work on account for the customer, John Melton, $750. Received a bill from Lee Advertising, $250, for local paper advertising. Received a bill from Cal Telephone for $56.50, for telephone expense. Received a bill from PG&E for $86.44, for utilities (gas and electric) expense. Received a bill from Hall Properties for $900, for building lease. Issued Check No. 71 from the Checking account to Chin's Gas and Oil, $48.05, for Automobile:Fuel. (Hint: In the Category field, select Automobile:Fuel. Type the Amount, $48.05. Since you restarted the sample company, the default check number is 71.) Issued Check No. 72 to Ellis Equipment Rental, from the Checking account, $115, for equipment rental expense. (Hint: In the Category field, select Equipment Rental, an Expenses account.) Issued Check No. 73 to Red Rock Diner, from the Checking account, for $23.37, for Meals and Entertainment. Exercise 1-2: Follow the instructions below to complete 9 Exercise 1-2: 1. Display the Journal for the date you entered Exercise 1-1 transactions. (Hint: This Month-to-date is the default. The From and To fields should show the current date; for example, select Today in the Transaction Date field. Go to Reports > For my accountant > Journal > Today.) Check that you entered Exercise 1-1's transactions. 2. Export the Journal to Excel and save as a PDF file. The suggested file name is Exercise 1-2_Journal. Type the date that you entered the Journal transactions. (Hint: Since you started QBO's sample company in Exercise 1-1, scroll down to see that the Exercise 1-1 transactions were entered.) 3. Display the Transaction Detail by Account report. Export the report to Excel and save as a PDF file. In the Report period field, select All dates. Use the file name Exercise 1-2_Transaction Detail by Account. 4. Display the Trial Balance. In the Transaction Date field, select All Dates. Export to Excel and save as a PDF file. Use the file name Exercise 1-2_Trial Balance. Check Your Figures: Checking 1,439.58 Accounts Receivable 6,965.72 Accounts Payable 2,895.61 Design Income 3,225.00 Advertising 324.86 Chapter One - Exercises Saved 1 Required information Exercises 1-1 to 1-3 7 points Start the QuickBooks Online test-drive. Using Craig's Design and Landscaping Services, complete all the hands-on work, step-by-step activities presented on pages 1 to 46, and Exercises 1-1 and 1-2 on pages 47-50. To answer the questions below, use the information in QuickBooks from your Chapter 1 work. eBook Print References Exercises 1-1 and 1-2 Required: 1 to 3: What are the amounts for the following items? (Enter your answers with 2 decimal places.) Amount Question 1. Total debits and credits - Journal 2. Amy's Bird Sanctuary - Accounts Receivable 3. Sushi by Katsuyuki Accounts Receivable $ 891.00 $ 43.20