Computerized Accounting with QuickBooks Online, 4e

by Williams, Johnson

CHAPTER 4

Enter the January totals for the following expense accounts.

Account Name	Amount
Telephone Expense	Answer
Utilities Expense	Answer
Advertising expense	Answer
Client relations expense	Answer
Space rental expense	Answer
Workshop helpers	Answer

Complete the balance sheet as of 1/31/21. Enter contra account amounts as negative numbers. Enter 0 or leave the field blank if there is no balance in the group.

Salish Software Solutions Balance Sheet After Chapter 4 January 31, 2021
Checking		Answer
Accounts Receivable		Answer
Other Current Assets
Inventory	Answer
Supplies On Hand	Answer
Prepaid Insurance	Answer	Answer
Total Current Assets		Answer
Fixed Assets
Computer Equipment	Answer
Office Furniture & Equipment	Answer
Computer Software	Answer
Accumulated Depreciation	Answer	Answer
Security Deposit		Answer
TOTAL ASSETS		Answer
Accounts Payable		Answer
Capital Three VISA Payable		Answer
Total Current Liabilities		Answer
Note Payable		Answer
Total Liabilities		Answer
Equity
Common Stock	Answer
Dividends	Answer
Retained Earnings	Answer
Net Income	Answer	Answer
TOTAL LIABILITIES AND EQUITY		Answer