Accounting Examples - how would you do it in QBO?
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Pamela Wong invested $30,000 into the business | Bank Deposit
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| Pamela Wong invested office equipment, worth $650, into the business | Journal Entry
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| Bought a computer on account from Computer Warehouse, Inc. for $9,360 | Bill
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| Bought new office equipment for $1,550, Check 100 | Check
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| Sold products on account to Roger McFall for $650 | Invoice
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| Received $400 on account from Roger McFall | Receive Payment
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| Paid $3,500 on account to Computer Warehouse, Inc., Check 102 | Pay Bill
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| Deposited the daily design receipts in the bank, $1,200 | Bank Deposit
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| Completed graphics design work for Adams, Bell, and Cox, Inc. for $850, received Check 234 | Sales Receipt
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| Paid a carpenter $175 to install a new office door, Check 803 | Check
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| Wrote Check 805 for $300 to Solutions Software in payment of an ad purchased last month | Pay Bill
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| Sold old office equipment (NOT A PRODUCT) to Joe Blake for $650 | Journal Entry
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| Received $425 as payment on an invoice from Adams, Bell, and Cox, inc. | Receive Payment
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| Ran a $300 special feature ad in Solutions Software's monthly magazine on account | Bill
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| Completed print production for Design, Inc, and received payment of $100 | Sales Receipt
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| Completed design work for Designers Boutique on account, $900 | Invoice
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
emuroff
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