Enter Daily Transactions Please note that the source document number (Check#, JE#, Invoice #) may vary from the sample. Start invoices at 1000 and Credit Memos at 100. If information is needed on the invoice but is not stated, create your own data. Decorating supplies and Baking Supplies purchased on account a. August 1, 200X Purchased decorating supplies $123 and purchases $700 from Decorating $823. P.O. #995, 2/10 Net 30 (G/L) Add a new account and House, “Purchases” transfer the Baking Supplies balance. Create Invoice b. August 2, 200X Sold 100 cupcakes @$3.50 each to Your City, Fred’s Farm, 145 Marsh St, Your State, Zip. Inv #1000. 2/10 Net 30 Create Sales Invoice with full Payment, add Customer and Item “on-the-fly” c. August 3, 200X Your City, Your State, Zip ordered 30 Little Rock School District, 80 River Ave, sheet cakes @ $40 each to P.O. #00576. Order to be picked up and paid on August Add New Item and Customer the “on fly” d. August 4, 200X Create invoice for 50 cake pans @ $3 each to Bill Norman Design, 1441 Baget Your City, Your State, Zip. for party decorations, $150, Street, Inv # 1001 2/10 Net 30. UPS Record Check paid to Decorating House e. August 10, 200X Paid 8/1/0X Invoice, CK #106, no discount $823 (G/L) Decorating House Purchased Office Supplies on Account f. August 10, 200X Purchased on account office supplies from $200. Add account Target Stores, Office Supplies as a current asset. (G/L) Receive Payment from Customer with discount g. August 12, 200X Received check #1122 for $343 from Invoice dated 8/2. Farm. Fred’s
Enter Daily Transactions Please note that the source document number (Check#, JE#, Invoice #) may vary from the sample. Start invoices at 1000 and Credit Memos at 100. If information is needed on the invoice but is not stated, create your own data. Decorating supplies and Baking Supplies purchased on account a. August 1, 200X Purchased decorating supplies $123 and purchases $700 from Decorating House, $823. P.O. #995, 2/10 Net 30 (G/L) Add a new account “Purchases” and transfer the Baking Supplies balance. Create Invoice b. August 2, 200X Sold 100 cupcakes @$3.50 each to Fred’s Farm, 145 Marsh St, Your City, Your State, Zip. Inv #1000. 2/10 Net 30 Create Sales Invoice with full Payment, add Customer and Item “on-the-fly” c. August 3, 200X Little Rock School District, 80 River Ave, Your City, Your State, Zip ordered 30 sheet cakes @ $40 each to P.O. #00576. Order to be picked up and paid on August Add New Item and Customer “on the fly” d. August 4, 200X Create invoice for 50 cake pans @ $3 each to Bill Norman Design, 1441 Baget Street, Your City, Your State, Zip. for party decorations, $150, Inv # 1001 2/10 Net 30. UPS Record Check paid to Decorating House e. August 10, 200X Paid 8/1/0X Decorating House Invoice, CK #106, no discount $823 (G/L) Purchased Office Supplies on Account f. August 10, 200X Purchased on account office supplies from Target Stores, $200. Add account Office Supplies as a current asset. (G/L) Receive Payment from Customer with discount g. August 12, 200X Received check #1122 for $343 from Fred’s Farm. Invoice dated 8/2.