Mar 1: Issues Purchase order #106 to BNS Printing Ltd. for new invoices with a revised logo. Delivery date is Mar 5. Cost of the new invoices will be $100.00, plus HST, with terms 2/10, net 30.

Mar 1: Advertisement in todays issue of Yourtown Newspaper, a new vendor, 5569 Ace Avenue, Yourtown, Ontario L5N 1X6, contact Stanley Faria. Invoice #1099 received for $200.00 plus HST. Terms Net 15 days. Use an appropriate account for the default Expense field.

Mar 2: Purchased 30 dinner plates, code DP-01, at $25.00 each, plus HST from specialty Manufacturer Ltd. All plates were received in good condition. Inoice #361 dated today with terms of 2/10, net 30.

Mar 3: Sold on invoice #5270, one Luncheon Service, code LSS-01, to a new customer. Your Actual Name, 85 Lake Avenue, Rockton, Ontario L6N1B9. The selling price is $1,000.00, plus HST. Your Actual Name will pay the net amount in 15 days. Credit limit $3,000.00.

Mar 5: The new invoices from BNS Printing ordered on PO#106 are received in good condition with invoice #875 dated today.

Mar 5: We returned 4 plates from the Mar 2 order from specialty Manufacturer Ltd, because the pattern is not centred. Original cost of the plates was $25.00 each, plus HST.

Mar 6: Sold 1 dozen soup bowls, SB-01, at $15.00 per bowl, plus HST, to Plates and More. Normal terms.

Mar 6: Issues cheque to pay receiver general the HST owing at the end of February. You may have to click the All Accounts button at the bottom of the Select Account window, to display other accounts.

Mar 7: Plates and More returned 5 of the soup bowls because they arrived damaged. We have called the shipping company to determine what happened. Plates and More have requested a reduction to their account. We accepted the returned bowls by issuing a credit note with the original invoice number as a reference.

Mar 8: Issued an $800.00 cheque to Mary Opal, owner, based on a memo received. The money is for personal expenses.

Mar 12: Issued cheque to Specialty Manufacturer Ltd. to pay only for dinner plates purchased for dinner plates purchased, after returns, on invoice #361.

Mar 15: Issues cheque to pay BNS Printing Ltd. for invoice #875.

Mar 16: Received #116.55 cheque #789 from Plates and More re: invoice #5271

Mar 16: Issued cheque to Yourtown Newspaper for outstanding invoice #1099.

Mar 19: Received cheque #788 from Your Actual Name for invoice #5270.

Print the Following Reports:

1. Income statement, year-to-date.

2. All Journal Entries for Mar 1 to Mar 19.

3. General Journal Entries for Mar 1 to Mar 19

4. Customer Aged Detail, all customers, with terms at Mar 19.

5. Vender Aged Detail, all vendors, with terms at Mar 19.

6. Cash Flow Projection (detail) for the next 30 days.

Answer rating: 100% (QA)

March 1 Issues Purchased order 006 to BNS 10000 plus MST Advertisement invoice 1099 20000 March 2 Pu... View the full answer