Restore the file Wild Water Sports Ch 06A (Backup) you downloaded from the student companion site and then save it as Wild Water Sports Ch 06A. If you are asked to setup an external accountant user, click No. Add a new income type account titled ‘‘Part Sales.’’ Add a new other current asset account titled ‘‘Inventory Parts.’’ Change the title of the existing Inventory Asset account to Inventory Boats.

Change the title of the existing Merchandise Sales account to Boat Sales.

Add the following service items:

Add the following inventory parts. (Use Cost of Goods Sold for the COGS Account for all items. Use your current system date for the as of date and 0 for the reorder point.)

Create, memorize, and print the following as of 1/1/22 (similar to what you did in the chapter):

a. Customer Balance Summary

b. Customer Contact List (include Customer Name and Balance Total columns only)

c. Vendor Balance Summary

d. Vendor Contact List (include only Vendor, Bill from, and Balance Total columns)

e. Employee Contact list

f. Account Listing (Account, Type, and Balance Total only)
g. Item Listing (list only Item, Description, Type, Cost, Quantity On Hand, and Price)
h. Trial Balance

Transcribed Image Text:

Item Name Cleaning Description Rate Tax Code Account Labor charge for $75.00 Tax Service cleaning boat Painting & Body Repairs Labor charge for $80.00 Tax Service painting and repairs