Transactions for you to complete 1) Create A Supplier Account. Supplier: Ink Inspector Address: Oakville, ON Terms: N30 Exp acct: 5250 Licenses Tax Code: HI (HST @ 13%, included) 2) Create A Customer Account. Client: Noya Modeling Agency Terms: 1/15, N30 Address: Hamilton, ON Tax Code: H (HST @13%) Rev acct: 4050 Rev from services Credit Limit: $10,000 Change the Session Date to April 8, 2022 3) Enter the following transactions into Sage. Purchase Invoice #GB-806 Dated April 4 from Germ Busters; $3,750, plus HST for new sterilization equipment (add freight charges of $225 + HST). (Pay attention to the words! This is not sterilized needles; this is for sterilization equipment. You need to change the account number.) Sales Invoice Dated April 4 to Noya Modeling Agency $8,000, plus HST for laser treatments to remove tattoos on new models hired in the agency. Credit Card Sales Invoice Dated April 4 to One-Time walk-in clients. Sales Summary: $1,420, plus HST for laser treatments. Payment Cheque Dated April 5 to Dye Masters in payment of Invoice #DM-5379 (take the discount available) Payment Cheques Dated April 5 to Flesh Decorators in payment of Invoice #FD-364 Cheque Purchase Invoice #LS-35887 Dated April 5 from NEW vendor Law Sum (use Quick Add); $930, including HST for professional legal services. Terms: Net 10
Transactions for you to complete 1) Create A Supplier Account. Supplier: Ink Inspector Address: Oakville, ON Terms: N30 Exp acct: 5250 Licenses Tax Code: HI (HST @ 13%, included) 2) Create A Customer Account. Client: Noya Modeling Agency Terms: 1/15, N30 Address: Hamilton, ON Tax Code: H (HST @13%) Rev acct: 4050 Rev from services Credit Limit: $10,000 Change the Session Date to April 8, 2022 3) Enter the following transactions into Sage. Purchase Invoice #GB-806 Dated April 4 from Germ Busters; $3,750, plus HST for new sterilization equipment (add freight charges of $225 + HST). (Pay attention to the words! This is not sterilized needles; this is for sterilization equipment. You need to change the account number.) Sales Invoice Dated April 4 to Noya Modeling Agency $8,000, plus HST for laser treatments to remove tattoos on new models hired in the agency. Credit Card Sales Invoice Dated April 4 to One-Time walk-in clients. Sales Summary: $1,420, plus HST for laser treatments. Payment Cheque Dated April 5 to Dye Masters in payment of Invoice #DM-5379 (take the discount available) Payment Cheques Dated April 5 to Flesh Decorators in payment of Invoice #FD-364 Cheque Purchase Invoice #LS-35887 Dated April 5 from NEW vendor Law Sum (use Quick Add); $930, including HST for professional legal services. Terms: Net 10
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:Transactions for you to complete
1) Create A Supplier Account.
Supplier: Ink Inspector
Address: Oakville, ON
Terms: N30
Exp acct: 5250 Licenses
Tax Code: HI (HST @ 13%, included)
2) Create A Customer Account.
Client: Noya Modeling Agency
Terms: 1/15, N30
Address: Hamilton, ON
Tax Code: H (HST @13%)
Rev acct: 4050 Rev from services
Credit Limit: $10,000
Change the Session Date to April 8, 2022
3) Enter the following transactions into Sage.
Purchase Invoice #GB-806
Dated April 4 from Germ Busters; $3,750, plus HST for new sterilization equipment (add freight charges
of $225 + HST). (Pay attention to the words! This is not sterilized needles; this is for sterilization
equipment. You need to change the account number.)
Sales Invoice
Dated April 4 to Noya Modeling Agency $8,000, plus HST for laser treatments to remove tattoos on new
models hired in the agency.
Credit Card Sales Invoice
Dated April 4 to One-Time walk-in clients. Sales Summary: $1,420, plus HST for laser treatments.
Payment Cheque
Dated April 5 to Dye Masters in payment of Invoice #DM-5379 (take the discount available)
Payment Cheques
Dated April 5 to Flesh Decorators in payment of Invoice #FD-364
Cheque Purchase Invoice #LS-35887
Dated April 5 from NEW vendor Law Sum (use Quick Add); $930, including HST for professional legal
services. Terms: Net 10
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