Question: QuickBooks Exercises In this short exercise you will create and modify the chart of accounts for a new company, record transactions and print out financial

 QuickBooks Exercises In this short exercise you will create and modify

QuickBooks Exercises In this short exercise you will create and modify the chart of accounts for a new company, record transactions and print out financial reports. Name your company by your first and last name with your ID (e.g., Adam-Thoson- 3476) 1. Deposited $5,000 cash in the business's bank account. The company received the cash and issued common stocks 2. The company purchased a car for $1,750 on account from Melton Supply 3. The company bought equipment, paying cash, 1,750 4. The company purchased office supplies for $270 cash 5. The company provided services to the Walker Company for S1,800 on account. 6. The company paid S500 to Melton Office Supply 7. The company borrowed a short-term debt (notes payable) from the bank, $20,000 8. The company received $1,000 in cash for services provided to a new customer 9. Shortly after opening the business, the company paid the month's rent of $650 10. The company paid S100 cash to repair car 11. The company paid $450 cash in salary. (Lisa as an employee) 12. The company received $1,100 cash from Walker Company 13. The owner purchased a car for his personal usage by $14,000 cash 14. The company sold 2000 of its furniture for cash 15. The company received and paid a bill from newspaper advertising from City News, $200 16. Declared and paid dividends of $600

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