SESSION DATE MAY 7, 2025

NOTES

BuyMore

b (contact B. S. Fullovit)

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Purchase Invoice #DS-642 Dated May 1/25

From Data Savers, $1 320 plus $198 HST for off-site data backup and restoration services for one year. Invoice total $1 518. Terms: net 30.

Purchase Invoice #CS-1243 Dated May 1/25

From Crop Savers, $640 for soil testing and follow-up fertilizer treatment plus $96 HST. Invoice total $736. Terms: 1/10, n/30. Store as a weekly recurring entry.

Payment Cheque #171 Dated May 2/25

To Data Savers, $780 in partial payment of account. Reference invoice #DS-361.

Cash Purchase Invoice #Truro-2025 Dated May 2/25

From Truro City Treasurer (use Quick Add for the new supplier), $1 425 for semi-annual property taxes. Paid by cheque #172.

Memo #12 & Cash Purchase Invoice #BM-3492 Dated May 3/25

From BuyMore (add a complete record for the new supplier), $1 200 plus $180 HST for updating online sales catalogue. Terms: cash on receipt. Invoice total $1 380 paid in full by cheque #173.

447 Slick St.,

Halifax, NS B3B 8J5

Tel: (902) 564-8907

Email: fullovit@buymore.ca Terms: net 1

Default payment method for

invoices: Cheque

Expense account: 5020 Tax code: H - HST @ 15%

NOTES

Remember to delete the discount taken amount for the second invoice.

t Memo #13 Dated May 4/25

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From Owner: Adjust invoice #DS-642. The invoice from Data Savers included a one-time charge of $350 plus $52.50 HST to restore the system and recover data after data was compromised. The corrected invoice total is $1 920.50.

Payment Cheque #174 Dated May 4/25

8 To Crop Savers, $792 in payment of account, including $8 discount for early payment. Reference invoice #CS-1044.

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Cash Purchase Invoice #AP-5899 Dated May 7/25

From Anything on Paper (choose Continue), $320 plus $48 HST to create and print packages for selling seeds (use Seed Supplies account). Invoice total $368 paid in full by cheque #175. You will need to add the tax code, H.

Cash Purchase Invoice #BF-100 Dated May 7/25

From Better Foods (choose Quick Add for the new supplier), $95 to purchase food for weekly appreciation barbecue for employees. Issue cheque #176. Charge to Entertainment Expense account and choose Cheque as the payment method. No tax is charged on basic groceries. Store this transaction as a weekly recurring entry.

Purchase Invoice #SC-701 Dated May 7/25

From Spotless Company, $180 plus $27 HST for weekly cleaning of office. Purchase invoice total $207. Terms: 1/30, n/60. Store as a weekly recurring transaction.

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Cash Sales Summary #34

Dated May 7/25

NOTES

Pay Later is not an option when you choose Continue or One-Time Supplier. Only immediate payment is allowed Cash and Cheque. Cash is the default.

Select All Accounts in the Select Account window to view asset accounts.

NOTES

The total food bill from Better Foods was $190. Only 50 percent of entertainment expenses are eligible for tax deductions, so $95 was entered as the expense amount.

NOTES

Use the General Journal for sales in this application.

NOTES

You can press C + R to recall a stored entry.

From garden centres, $13 800 plus $2 070 HST for hardy spring annual bedding plants and hanger and planter arrangements. Total receipts $15 870 deposited in bank. Add a shortcut for the General Journal.

SESSION DATE MAY 14, 2025

t Purchase Invoice #CS-2100 Dated May 8/25

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From Crop Savers, $640 for soil testing and follow-up fertilizer treatment plus $96 HST. Invoice total $736. Terms: 1/10, n/30. Recall stored entry.

Memo #14 Dated May 8/24

From Owner: Edit the supplier record for NS Gas to include a default expense account. Create a new Group account 5170 Heating Expense.

Cash Purchase Invoice #NSG-559932 Dated May 8/25

From NS Gas, $200 plus $30 HST for monthly supply of natural gas on equal billing method. Invoice total $230 paid in full by cheque #177. Because equal billing applies, store as a monthly recurring entry.

Memo #15 Dated May 9/25

From Owner: Adjust cheque #171 to Data Savers. The numbers were transposed. The correct cheque amount was $870 in partial payment of invoice #DS-361.

Cash Purchase Invoice #NSH-45321 Dated May 9/25

From NS Hydro, $240 plus $36 HST for one month of hydro service. Invoice total $276 paid in full by cheque #178.

Payment Cheque #179 Dated May 9/25

To Crop Savers, $728.64 in payment of account, including $7.36 discount for early payment. Reference invoice #CS-1243.

Cash Purchase Invoice #BC-6110 Dated May 12/25

From Bloomers, $1 280 plus $192 HST for batch of tree saplings to grow for future sales. Invoice total $1 472 paid in full by cheque #180.

WARNING!

Remember to delete the discount taken amount for the second invoice for cheque #179.

SOURCE DOCUMENTS FOR CHAPTER 5

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Memo #16 & Cash Purchase Invoice BC-6110 Dated May 1 2/25

Cash Purchase Invoice #BC-6110 was entered for an incorrect supplier and account. The purchase was from Better Crop Tree Farms, a new supplier. Reverse the original entry. Enter the corrected cash purchase invoice from Better Crop Tree Farms (use Full Add for the new supplier), $1 280 plus $192 HST for tree saplings. Invoice total $1 472 paid in full by cheque #181.

Purchase Invoice #SC-1219 Dated May 14/25

From Spotless Company, $1 200 plus $180 HST for one month of office and bungalow cleaning as per new contract. Purchase invoice total $1 380. Terms: 1/30, n/60. Recall the stored transaction. Edit the amount and store the revised transaction as a monthly recurring entry.

Cash Purchase Invoice #BF-101 Dated May 14/25

From Better Foods, $95 to purchase food for weekly barbecue for employees. Issue cheque #182. Recall stored entry.

provide general journal