Question: UnitUnit Project 1: Lessons 1-5 (92 marks total) Demonstrate what you have learned in the first five (5) lessons by completing the following in QuickBooks

UnitUnit Project 1: Lessons 1-5 (92 marks total) Demonstrate what you have learned in the first five (5) lessons by completing the following in QuickBooks and submit based on the instructions provided. The beginning date for the company will be October 1st of the current year. Activity A: Complete period-end procedures (28 marks) 1. Use the steps provided in Lesson 2 to create a new company file using a business type of Photography Studio, Portraits as a sole proprietorship. 2. Create a company name such as Your First Name Portrait Studio (try to find something that does not already exist). Use a hypothetical address, phone number, and email address (your instructor may also provide this information to you). 3. Add four (4) customers and four (4) suppliers at this step. Use hypothetical details but realistic, where applicable. Use the Excel file template provided to organize your information. Import the data as instructed in the textbook or enter them individually. 4. Add the following service items using the Excel template provided to organize your information. Basic Portrait Package - 25.00 plus HST Supersaver Portrait Package - 40.00 plus HST 5. Add at least one (1) product such as Picture Frames with

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