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Solution Manual For Computer Accounting with QuickBooks Online, 2nd Edition - Document preview page 1

Solution Manual For Computer Accounting with QuickBooks Online, 2nd Edition - Page 1

Document preview content for Solution Manual For Computer Accounting with QuickBooks Online, 2nd Edition

Solution Manual For Computer Accounting with QuickBooks Online, 2nd Edition

Solution Manual For Computer Accounting with QuickBooks Online, 2nd Edition helps you grasp fundamental concepts with detailed textbook-based explanations.

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Solution Manual For Computer Accounting with QuickBooks Online, 2nd Edition - Page 1 preview imagePRACTICE QUIZ 1Q1.1Answer cQ1.2Answer aQ1.3Answer bQ1.4Answer a, cQ1.5Answer aQ1.6Answer dQ1.7Answer a, bQ1.8Answer dQ1.9CHAPTER 1 QUICKBOOKS ONLINE NAVIGATIONAND SETUPSOLUTIONS E1. 1
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Solution Manual For Computer Accounting with QuickBooks Online, 2nd Edition - Page 2 preview image
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Solution Manual For Computer Accounting with QuickBooks Online, 2nd Edition - Page 3 preview imageAnswera.3b.2c.4d.1Q1.10Answer dQ1.11Answer a, cCHAPTER 1 QUICKBOOKS ONLINE NAVIGATIONAND SETUPSOLUTIONS E1. 2
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Solution Manual For Computer Accounting with QuickBooks Online, 2nd Edition - Page 4 preview imageEXERCISES 1E1.1 Company Settings: CompanyE1.2 Company Settings: SalesE1.3 Company Settings: ExpensesE1.4 Company Settings: Advanced1.Not sure/Other/None2.noreply@quickbooks.com3.123 Sierra Way, San Pablo, CA 879991.Net 302.Off3.On4.On5.Off6.On7.On1.On2.On3.On4.On1.January2.Same as fiscal year3.Accrual4.Off5.OnCHAPTER 1 QUICKBOOKS ONLINE NAVIGATIONAND SETUPSOLUTIONS E1. 3
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Solution Manual For Computer Accounting with QuickBooks Online, 2nd Edition - Page 5 preview imageE1.5 Chart of AccountsE1.6 Chart of AccountsE1.7 Register6.On7.On8.On9.United States Dollar10.On1.Bank2.Credit Card3.Accounts Receivable (A/R)4.Expenses5.Other Current Assets6.Income1.Name2.Type3.Detail Type4.QuickBooks Balance5.Bank Balance6.Action1.Ref No. Type2.Payee Account3.Memo4.Payment5.Deposit6.BalanceCHAPTER 1 QUICKBOOKS ONLINE NAVIGATIONAND SETUPSOLUTIONS E1. 4
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Solution Manual For Computer Accounting with QuickBooks Online, 2nd Edition - Page 6 preview imageE1.8 TransactionsE1.9 QBO SatNav1.Other2.Employees3.Vendors4.Customers5.Employees6.Other7.Vendors8.Customers9.Vendors10.Vendors11.Customers12.Customers1.QBO Reports2.QBO Settings3.QBO Transactions4.QBO Reports5.QBO Transactions6.QBO ReportsCHAPTER 1 QUICKBOOKS ONLINE NAVIGATIONAND SETUPSOLUTIONS E1. 5
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Solution Manual For Computer Accounting with QuickBooks Online, 2nd Edition - Page 7 preview imageE1.10 QBO Tools1.Create (+)2.Gear3.Create (+)4.Gear5.Create (+)6.Gear7.Create (+)8.Gear9.Create (+)10.Create (+)11.Create (+)12.Create (+)13.Gear14.Create (+)15.Gear16.Create (+)CHAPTER 1 QUICKBOOKS ONLINE NAVIGATIONAND SETUPSOLUTIONS E1. 6
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Solution Manual For Computer Accounting with QuickBooks Online, 2nd Edition - Page 8 preview imageCHAPTER 1 QUICKBOOKS ONLINE NAVIGATIONAND SETUPSOLUTIONS E1. 7
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Solution Manual For Computer Accounting with QuickBooks Online, 2nd Edition - Page 9 preview imagePROJECT 1.1P1.1.1 Set Up QBOP1.1.2 Company Settings: SalesP1.1.3 Company Settings: Expenses______________________MookieTheBeagle.com2017 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 andused with permission.1.e.Same as company name1.Net 302.Off3.Off4.On5.Off6.On7.On1.On2.Off3.Off4.Change to On5.Off6.Change to OnCHAPTER 1 QUICKBOOKS ONLINE NAVIGATIONAND SETUPSOLUTIONS P1. 1
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Solution Manual For Computer Accounting with QuickBooks Online, 2nd Edition - Page 10 preview imageP1.1.4 Company Settings: AdvancedP1.1.5 Chart of Accounts1.January2.Same as fiscal year3.Accrual4.Off5.Small business corporation, two or more owners (Form 1120S)6.Off7.On8.On9.Off10.On11.United States Dollar12.On1.Other Current Assets2.Equity3.Equity4.Income5.Income6.Income7.Cost of Goods Sold8.Expenses9.Expenses10.Expenses11.Expenses12.Expenses13.ExpensesCHAPTER 1 QUICKBOOKS ONLINE NAVIGATIONAND SETUPSOLUTIONS P1. 2
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Solution Manual For Computer Accounting with QuickBooks Online, 2nd Edition - Page 11 preview image14.Expenses15.Expenses16.Expenses17.Expenses18.Expenses19.Expenses20.Expenses21.Expenses22.Expenses23.Expenses24.Expenses25.Expenses26.ExpensesCHAPTER 1 QUICKBOOKS ONLINE NAVIGATIONAND SETUPSOLUTIONS P1. 3
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Solution Manual For Computer Accounting with QuickBooks Online, 2nd Edition - Page 12 preview imagePRACTICE QUIZ 2Q2.1Answer a, dQ2.2Answer a, bQ2.3Answer dQ2.4Answer bQ2.5Answer dQ2.6Answer dQ2.7Answer aCHAPTER 2 QBO CHART OF ACCOUNTSSOLUTIONS E2. 1
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Solution Manual For Computer Accounting with QuickBooks Online, 2nd Edition - Page 13 preview imageQ2.8Answera.3b.2c.4d.1Q2.9Answer bQ2.10Answer bQ2.11Answer cQ2.12Answer aQ2.13Answer cQ2.14Answer aCHAPTER 2 QBO CHART OF ACCOUNTSSOLUTIONS E2. 2
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Solution Manual For Computer Accounting with QuickBooks Online, 2nd Edition - Page 14 preview imageEXERCISES 2E2.1 COA: Types of Accounts1.Expenses2.Expenses3.Accounts Receivable (A/R)4.Expenses5.Income6.Expenses7.Accounts Payable (A/P)8.Credit Card9.Bank10.Other Current Liabilities11.Other Current Asset12.Equity13.Equity14.Other Income15.Income16.Income17.Income18.Other Current Asset19.Cost of Goods Sold20.Long Term Liabilities21.Expenses22.Expenses23.Expenses24.IncomeCHAPTER 2 QBO CHART OF ACCOUNTSSOLUTIONS E2. 3
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Solution Manual For Computer Accounting with QuickBooks Online, 2nd Edition - Page 15 preview imageE2.2 Aligning COA and Tax ReturnE2.3 Display and Enter Account Numbers1.Schedule C Line 42.Schedule C Line 83.Schedule C Line 174.Schedule C Line 215.Schedule C Line 186.Schedule C Line 207.Schedule C Line 238.Schedule C Line 251.c. Number2.1001 Checking1002 Savings1003 Accounts Receivable (A/R)1004 Inventory Asset1005 Prepaid Expenses3.2001 Accounts Payable (A/P)2002 Mastercard2003 Visa2004 Arizona Dept. of Revenue Payable2005 Board of Equalization Payable2006 Loan Payable2007 Notes Payable4.3001 Opening Balance Equity3002 Retained EarningsCHAPTER 2 QBO CHART OF ACCOUNTSSOLUTIONS E2. 4
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Solution Manual For Computer Accounting with QuickBooks Online, 2nd Edition - Page 16 preview imageE2.4 COA: Add Accounts5.4001 Billable Expense Income4002 Design Income4003 Fees Billed4004 Landscaping Services4005 Other Income4006 Pest Control Services4007 Sales of Product Income4008 Services6.5001 Cost of Goods Sold5002 Advertising5003 Automobile5004 Bank Charges5005 Commissions & Fees5006 Disposal Fees5007 Dues & Subscriptions5008 Equipment Rental5009 Insurance5010 Job Expenses5011 Legal & Professional Fees5012 Maintenance & Repair5013 Meals and Entertainment5014 Office Expenses5015 Promotional5016 Purchases5017 Rent or Lease5018 Stationary & Printing5019 Supplies5020 Taxes & Licenses5021 Travel5022 Travel Meals5023 Utilities1.b.Detail Type: Interest PaidCHAPTER 2 QBO CHART OF ACCOUNTSSOLUTIONS E2. 5
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