Computer Accounting with QuickBooks 2014 by Donna Kay

Go Digital Reports
Save your QuickBooks reports using the following steps.
Step 1 Go to www.My-QuickBooks.com.
Step 2 Select QB 2014.
Step 3 Download the Go Digital Excel REPORTS template for the assignment
you are completing (Chapter or Case).
Step 4 Open the Excel workbook. Select File > Save As. IMPORTANT! To
receive credit for your work, use the filename: [YourFirstName
LastName] [CH/CASE][No] REPORTS. Example: YourFirstName
CH1 REPORTS
Step 5 LastName
When your Computer
Accounting with QuickBooks text asks you to print or
export a report, use the Report Center to display the report on your
Step 6 With the report displayed onscreen, select Excel.

Step 7 Select Create New Worksheet.

Step 8 Select Replace an existing worksheet.

Step 9
Step 10
Step 11
Step 12
Step 13
Step 14
Step 15
Step 16
Step 17

Browse for the Excel REPORTS template with your name in the filename.
Select the correct sheetname from the drop-down list.
Select Advanced.
Uncheck Space between columns.
Uncheck Include QuickBooks Export Guide worksheet with helpful
Select Show report header: On printed report and screen.
Click OK.
Click Export.
If the Export Report Alert window appears, select Do not display this
message in the future.

Step 18 Select Yes to continue. Excel software should open on your screen with
your QuickBooks report inserted into the correct sheet.
Step 19 On the REPORTS sheet, check the reports that you have completed with
an "x". Failure to check the completed reports may result in a score
-0-.your Excel workbook using the appropriate file name. Select File >
Step 20 of
Save
Save As. IMPORTANT! To receive credit for your work, use the
filename: [YourFirstName LastName] [CH/CASE][No] REPORTS.
Example: YourFirstName LastName CH1 REPORTS (Note: With some
versions, you must close the workbook before inserting the next report.)
Step 21 Ask your instructor if you should email the Excel spreadsheet or use a
courseware dropbox.
Good Job!

McGraw-Hill Education

Kay

Computer Accounting with QuickBooks 2014 by Donna Kay

Chapter 2 Reports
x

x
x

*
*

Chapter 2

Sheetname

Chart of Accounts (Account Listing)

Exercise 2.1
Task 3: Statement of Cash Flows
Task 4: To Do List
Exercise 2.2

CH2 COA

Task 3: Revised Chart of Accounts

EX2.2.3 COA

EX2.1.3 SCF
EX2.1.4 To Do

Project 2 Reports
x
x

*
*

Project 2
Chart of Accounts (Account Listing)
Statement of Cash Flows

McGraw-Hill Education

Sheetname
PR2.6 COA
PR2.7 SCF

Donna Kay

Your Name Chapter 2 Rock Castle Construction

2:29 PM

Account Listing

12/15/2018

December 15, 2018

Account

Type

Balance Total

Description

Accnt. #

Tax Line

10100 Checking

Bank

46,969.10 Cash

10100

B/S-Assets: Cash

10300 Savings

Bank

17,910.19 Savings

10300

B/S-Assets: Cash

10400 Petty Cash

Bank

10400

B/S-Assets: Cash

11000 Accounts Receivable

Accounts Receivable

93,007.93 Accounts Receivable

11000

B/S-Assets: Accts. Rec. and trade notes

12000 Undeposited Funds

Other Current Asset

2,440.00 Undeposited Funds

12000

B/S-Assets: Other current assets

12100 Inventory Asset

Other Current Asset

12100

B/S-Assets: Other current assets

12800 Employee Advances

Other Current Asset

12800

B/S-Assets: Other current assets

13100 Pre-paid Insurance

Other Current Asset

4,050.00 Pre-paid Insurance

13100

B/S-Assets: Other current assets

13400 Retainage Receivable

Other Current Asset

3,703.02 Retainage Receivable

13400

B/S-Assets: Other current assets

15000 Furniture and Equipment

Fixed Asset

34,326.00 Furniture and Equipment

15000

B/S-Assets: Buildings/oth. depr. assets

15100 Vehicles

Fixed Asset

78,936.91 Vehicles

15100

B/S-Assets: Buildings/oth. depr. assets

15200 Buildings and Improvements

Fixed Asset

15200

B/S-Assets: Buildings/oth. depr. assets

15300 Construction Equipment

Fixed Asset

15,300.00 Construction Equipment

15300

B/S-Assets: Buildings/oth. depr. assets

16900 Land

Fixed Asset

90,000.00 Land

16900

B/S-Assets: Land

17000 Accumulated Depreciation

Fixed Asset

17000

B/S-Assets: Buildings/oth. depr. assets

18700 Security Deposits

Other Asset

18700

B/S-Assets: Other assets

20000 Accounts Payable

Accounts Payable

20000

B/S-Liabs/Eq.: Accounts payable

20500 QuickBooks Credit Card

Credit Card

20500

B/S-Liabs/Eq.: Other current liabilities

20600 CalOil Credit Card

Credit Card

20600

B/S-Liabs/Eq.: Other current liabilities

Subcontracted Federal WH

Other Current Liability

0.00

20700 Due to Owner

Other Current Liability

0.00 Short Term Loan from Owner - No Note or Bond

24000 Payroll Liabilities

Other Current Liability

500.00 Petty Cash

30,683.38 Inventory Asset

832.00 Employee Advances

325,000.00 Buildings and Improvements

-110,344.60 Accumulated Depreciation

1,720.00 Security Deposits
26,636.92 Moneys you owe to vendors and suppliers
94.20 QuickBooks Credit Card
382.62

B/S-Liabs/Eq.: Other current liabilities

20700

B/S-Liabs/Eq.: Other current liabilities

5,404.45 Payroll Liabilities

24000

B/S-Liabs/Eq.: Other current liabilities

24000 Payroll Liabilities:24010 Federal Withholding Other Current Liability

1,364.00

24010

B/S-Liabs/Eq.: Other current liabilities

24000 Payroll Liabilities:24020 FICA Payable

Other Current Liability

2,118.82

24020

B/S-Liabs/Eq.: Other current liabilities

24000 Payroll Liabilities:24030 AEIC Payable

Other Current Liability

0.00

24030

B/S-Liabs/Eq.: Other current liabilities

24000 Payroll Liabilities:24040 FUTA Payable

Other Current Liability

100.00

24040

B/S-Liabs/Eq.: Other current liabilities

24000 Payroll Liabilities:24050 State Withholding

Other Current Liability

299.19

24050

B/S-Liabs/Eq.: Other current liabilities

24000 Payroll Liabilities:24060 SUTA Payable

Other Current Liability

110.00

24060

B/S-Liabs/Eq.: Other current liabilities

24000 Payroll Liabilities:24070 State Disability Paya Other Current Liability

48.13

24070

B/S-Liabs/Eq.: Other current liabilities

24000 Payroll Liabilities:24080 Worker's Compensat Other Current Liability

1,214.31

24080

B/S-Liabs/Eq.: Other current liabilities

24000 Payroll Liabilities:24090 Direct Deposit Liabilit Other Current Liability

0.00

24090

B/S-Liabs/Eq.: Other current liabilities

24000 Payroll Liabilities:24100 Emp. Health Ins Pay Other Current Liability

150.00

24100

B/S-Liabs/Eq.: Other current liabilities

25500 Sales Tax Payable

Other Current Liability

957.63 Sales Tax Payable

25500

B/S-Liabs/Eq.: Other current liabilities

23000 Loan - Vehicles (Van)

Long Term Liability

10,501.47 3/4 Ton PU - 48 months 6.9% purchased 12/01/2005

23000

B/S-Liabs/Eq.: L-T Mortgage/note/bonds pay.

23100 Loan - Vehicles (Utility Truck)

Long Term Liability

19,936.91 Loan - Vehicles (Utility Truck)

23100

B/S-Liabs/Eq.: L-T Mortgage/note/bonds pay.

23200 Loan - Vehicles (Pickup Truck)

Long Term Liability

22,641.00 Loan - Vehicles (Pickup Truck)

23200

B/S-Liabs/Eq.: L-T Mortgage/note/bonds pay.

28100 Loan - Construction Equipment

Long Term Liability

13,911.32 Loan for Construction Equipment

28100

B/S-Liabs/Eq.: L-T Mortgage/note/bonds pay.

28200 Loan - Furniture/Office Equip

Long Term Liability

21,000.00 Loan for purchase of furniture and office equipment

28200

B/S-Liabs/Eq.: L-T Mortgage/note/bonds pay.

28700 Note Payable - Bank of Anycity

Long Term Liability

28700

B/S-Liabs/Eq.: L-T Mortgage/note/bonds pay.

28900 Mortgage - Office Building

Long Term Liability

28900

B/S-Liabs/Eq.: L-T Mortgage/note/bonds pay.

30000 Opening Bal Equity

Equity

30100 Capital Stock

Equity

31400 Shareholder Distributions

Equity

32000 Retained Earnings

Equity

40100 Construction Income

Income

40100 Construction Income:40110 Design Income

2,693.21
296,283.00 Mortgage - Office Building

38,773.75 Offset account for use during the setup of the company'30000
500.00 Capital Stock

<Unassigned>

30100

<Unassigned>

31400

<Unassigned>

Retained Earnings

32000

<Unassigned>

Construction Income

40100

<Unassigned>

Income

40110

<Unassigned>

40100 Construction Income:40120 Equipment Renta Income

40120

<Unassigned>

40100 Construction Income:40130 Labor Income

0.00 Distributions paid to shareholders

Income

40130

<Unassigned>

40100 Construction Income:40140 Materials Income Income

40140

<Unassigned>

40100 Construction Income:40150 Subcontracted L Income

40150

<Unassigned>

40100 Construction Income:40199 Less Discounts g Income

40199

<Unassigned>

40500 Reimbursement Income

40500

<Unassigned>

40510

<Unassigned>

40500 Reimbursement Income:40520 Permit Reimb Income

40520

<Unassigned>

40500 Reimbursement Income:40530 Reimbursed FrIncome

40530

<Unassigned>

Income

40500 Reimbursement Income:40510 Mileage Inco Income

Account for reimbursable mile

50100 Cost of Goods Sold

Cost of Goods Sold

QuickBooks Automatically Increases the balance in this50100

<Unassigned>

54000 Job Expenses

Cost of Goods Sold

54000

<Unassigned>

54000 Job Expenses:54100 Bond Expense

Cost of Goods Sold

54100

<Unassigned>

54000 Job Expenses:54200 Equipment Rental

Cost of Goods Sold

Equipment Rental

54200

<Unassigned>

54000 Job Expenses:54300 Job Materials

Cost of Goods Sold

Job Materials

54300

<Unassigned>

54000 Job Expenses:54400 Permits and Licenses

Cost of Goods Sold

Licenses

54400

<Unassigned>

54000 Job Expenses:54500 Subcontractors

Cost of Goods Sold

Subcontractors Expense

54500

<Unassigned>

54000 Job Expenses:54520 Freight & Delivery

Cost of Goods Sold

Freight and Delivery

54520

<Unassigned>

54000 Job Expenses:54599 Less Discounts Taken

Cost of Goods Sold

54599

<Unassigned>

60100 Automobile

Expense

Automobile

60100

<Unassigned>

60100 Automobile:60110 Fuel

Expense

Fuel Expense

60110

<Unassigned>

60100 Automobile:60120 Insurance

Expense

Business Truck Policies

60120

<Unassigned>

60100 Automobile:60130 Repairs and Maintenance Expense

60130

<Unassigned>

60300 Bad debt

Expense

60300

<Unassigned>

60400 Advertising & Promotion

Expense

60400

Deductions: Advertising

60600 Bank Service Charges

Expense

Bank Service Charges

60600

<Unassigned>

60900 Depreciation Expense

Expense

Depreciation Expense

60900

<Unassigned>

61200 Dues and Subscriptions

Expense

Dues and Subscriptions

61200

<Unassigned>

61500 Union Dues

Expense

Union Dues

61500

<Unassigned>

62100 Insurance

Expense

Insurance

62100

<Unassigned>

62100 Insurance:62110 Disability Insurance

Expense

Disability Insurance

62110

<Unassigned>

62100 Insurance:62120 Liability Insurance

Expense

Liability Insurance

62120

<Unassigned>

62100 Insurance:62130 Work Comp

Expense

Workman's Compensation

62130

<Unassigned>

62100 Insurance:62199 Less Employee Portion - HeaExpense

62199

<Unassigned>

62400 Interest Expense

Expense

Interest Expense

62400

<Unassigned>

62400 Interest Expense:62410 Finance Charge

Expense

Finance Charge

62410

<Unassigned>

62400 Interest Expense:62420 Loan Interest

Expense

Loan Interest Expense

62420

<Unassigned>

62700 Payroll Expenses

Expense

62700

<Unassigned>

62700 Payroll Expenses:62710 Gross Wages

Expense

62710

<Unassigned>

62700 Payroll Expenses:62720 Payroll Taxes

Expense

62720

<Unassigned>

62700 Payroll Expenses:62730 FUTA Expense

Expense

62730

<Unassigned>

62700 Payroll Expenses:62740 SUTA Expense

Expense

62740

<Unassigned>

63000 Office Supplies

Expense

63000

<Unassigned>

63100 Postage

Expense

63100

<Unassigned>

63600 Professional Fees

Expense

Professional Fees

63600

<Unassigned>

63600 Professional Fees:63610 Accounting

Expense

Accounting Fees

63610

<Unassigned>

63600 Professional Fees:63620 Legal Fees

Expense

Legal Fees

63620

<Unassigned>

63900 Rent

Expense

Rent

63900

<Unassigned>

64200 Repairs

Expense

Repairs and Maintenance

64200

<Unassigned>

64200 Repairs:64210 Building Repairs

Expense

Building Repairs

64210

<Unassigned>

64200 Repairs:64220 Computer Repairs

Expense

Computer Repairs

64220

<Unassigned>

64200 Repairs:64230 Equipment Repairs

Expense

Equipment Repairs

64230

<Unassigned>

64500 Taxes

Expense

Taxes

64500

<Unassigned>

Office Supplies

Page 7 of 16

Account

Type

64500 Taxes:64510 Federal

Expense

64500 Taxes:64520 State

Expense

64500 Taxes:64530 Property

Expense

64500 Taxes:64540 Local

Expense

64800 Tools and Machinery

Expense

65100 Utilities

Expense

65100 Utilities:65110 Gas and Electric

Balance Total

Description
Federal Taxes

Accnt. #

Tax Line

64510

<Unassigned>

64520

<Unassigned>

64530

<Unassigned>

64540

<Unassigned>

Tools and Machinery

64800

<Unassigned>

Utilities

65100

<Unassigned>

Expense

Gas and Electric

65110

<Unassigned>

65100 Utilities:65120 Telephone

Expense

Telephone

65120

<Unassigned>

65100 Utilities:65130 Water

Expense

Water

65130

<Unassigned>

69000 Miscellaneous

Expense

Miscellaneous

69000

<Unassigned>

70100 Other Income

Other Income

Other Income

70100

<Unassigned>

70200 Interest Income

Other Income

Interest Income

70200

<Unassigned>

80100 Other Expenses

Other Expense

Other Expenses

80100

<Unassigned>

90100 Purchase Orders

Non-Posting

90100

<Unassigned>

90200 Estimates

Non-Posting

90200

<Unassigned>

90300 Sales Orders

Non-Posting

90300

<Unassigned>

Property Taxes

McGraw-Hill Education

Page 8 of 16

Your Name Exercise 2.1 Rock Castle Construction

Statement of Cash Flows

3:49 PM
12/15/2018

November 2018
Nov 18
OPERATING ACTIVITIES
Net Income

16,507.99

Adjustments to reconcile Net Income

to net cash provided by operations:
11000 Accounts Receivable

-2,612.85

12100 Inventory Asset

-2,472.84

13100 Pre-paid Insurance

605.89

13400 Retainage Receivable

-2,174.50

20000 Accounts Payable

16,210.77

20500 QuickBooks Credit Card

-1,025.00

20600 CalOil Credit Card

24000 Payroll Liabilities:24010 Federal Withholding
24000 Payroll Liabilities:24020 FICA Payable
24000 Payroll Liabilities:24050 State Withholding
24000 Payroll Liabilities:24070 State Disability Payable

388.52
1.00
7.28
-0.60
-16.66

24000 Payroll Liabilities:24080 Worker's Compensation

1.67

24000 Payroll Liabilities:24100 Emp. Health Ins Payable

-50.00

25500 Sales Tax Payable

Net cash provided by Operating Activities

-353.74
25,016.93

FINANCING ACTIVITIES
23000 Loan - Vehicles (Van)
28100 Loan - Construction Equipment
28700 Note Payable - Bank of Anycity
Net cash provided by Financing Activities

-494.69
-216.61
-2,675.56
-3,386.86

Net cash increase for period

21,630.07

Cash at beginning of period

77,921.51

Cash at end of period

99,551.58

McGraw-Hill Education

Page 9 of 16

Your Name Exercise 2.1 Rock Castle Construction

To Do Notes
December 15, 2018
Done

Date

Description

Priority

No

07/25/2013 Call Doug about grout in the kitchen.

Low

No

07/25/2013 Call Lynn about back porch.

Low

No

07/25/2013 Finish Jacobsen poolhouse estimate

Low

No

01/01/2019 Print financial statements for Mr. Castle

High

Yes

07/25/2013 Call Erika Pretell about new property.

Low

Yes

07/25/2013 Call Patton Hardware Supplies about Mason job.

Low

Yes

12/12/2018 Print financial statements for Mr. Castle

High

McGraw-Hill Education

Page 10 of 16

3:58 PM
12/15/2018
Type

With

Task
Task
Task
Task
Task
Task
Task

Page 11 of 16

Your Name Exercise 2.2 Rock Castle Construction

4:36 PM

Account Listing

12/15/2018

December 15, 2018

Account

Type

Balance Total

Description

Accnt. #

Tax Line

10100 Checking

Bank

46,969.10 Cash

10100

B/S-Assets: Cash

10300 Savings

Bank

17,910.19 Savings

10300

B/S-Assets: Cash

10400 Petty Cash

Bank

10400

B/S-Assets: Cash

11000 Accounts Receivable

Accounts Receivable

93,007.93 Accounts Receivable

11000

B/S-Assets: Accts. Rec. and trade notes

12000 Undeposited Funds

Other Current Asset

2,440.00 Undeposited Funds

12000

B/S-Assets: Other current assets

12100 Inventory Asset

Other Current Asset

12100

B/S-Assets: Other current assets

12800 Employee Advances

Other Current Asset

12800

B/S-Assets: Other current assets

13100 Pre-paid Insurance

Other Current Asset

4,050.00 Pre-paid Insurance

13100

B/S-Assets: Other current assets

13400 Retainage Receivable

Other Current Asset

3,703.02 Retainage Receivable

13400

B/S-Assets: Other current assets

15000 Furniture and Equipment

Fixed Asset

34,326.00 Furniture and Equipment

15000

B/S-Assets: Buildings/oth. depr. assets

15100 Vehicles

Fixed Asset

78,936.91 Vehicles

15100

B/S-Assets: Buildings/oth. depr. assets

15200 Buildings and Improvements

Fixed Asset

15200

B/S-Assets: Buildings/oth. depr. assets

15300 Construction Equipment

Fixed Asset

15,300.00 Construction Equipment

15300

B/S-Assets: Buildings/oth. depr. assets

16900 Land

Fixed Asset

90,000.00 Land

16900

B/S-Assets: Land

17000 Accumulated Depreciation

Fixed Asset

17000

B/S-Assets: Buildings/oth. depr. assets

18700 Security Deposits

Other Asset

18700

B/S-Assets: Other assets

20000 Accounts Payable

Accounts Payable

20000

B/S-Liabs/Eq.: Accounts payable

20500 QuickBooks Credit Card

Credit Card

20500

B/S-Liabs/Eq.: Other current liabilities

20600 CalOil Credit Card

Credit Card

20600

B/S-Liabs/Eq.: Other current liabilities

Subcontracted Federal WH

Other Current Liability

0.00

20700 Due to Owner

Other Current Liability

0.00 Short Term Loan from Owner - No Note or Bond

24000 Payroll Liabilities

Other Current Liability

500.00 Petty Cash

30,683.38 Inventory Asset

832.00 Employee Advances

325,000.00 Buildings and Improvements

-110,344.60 Accumulated Depreciation

1,720.00 Security Deposits
26,636.92 Moneys you owe to vendors and suppliers
94.20 QuickBooks Credit Card
382.62

B/S-Liabs/Eq.: Other current liabilities

20700

B/S-Liabs/Eq.: Other current liabilities

5,404.45 Payroll Liabilities

24000

B/S-Liabs/Eq.: Other current liabilities

24000 Payroll Liabilities:24010 Federal Withholding Other Current Liability

1,364.00

24010

B/S-Liabs/Eq.: Other current liabilities

24000 Payroll Liabilities:24020 FICA Payable

Other Current Liability

2,118.82

24020

B/S-Liabs/Eq.: Other current liabilities

24000 Payroll Liabilities:24030 AEIC Payable

Other Current Liability

0.00

24030

B/S-Liabs/Eq.: Other current liabilities

24000 Payroll Liabilities:24040 FUTA Payable

Other Current Liability

100.00

24040

B/S-Liabs/Eq.: Other current liabilities

24000 Payroll Liabilities:24050 State Withholding

Other Current Liability

299.19

24050

B/S-Liabs/Eq.: Other current liabilities

24000 Payroll Liabilities:24060 SUTA Payable

Other Current Liability

110.00

24060

B/S-Liabs/Eq.: Other current liabilities

24000 Payroll Liabilities:24070 State Disability Paya Other Current Liability

48.13

24070

B/S-Liabs/Eq.: Other current liabilities

24000 Payroll Liabilities:24080 Worker's Compensat Other Current Liability

1,214.31

24080

B/S-Liabs/Eq.: Other current liabilities

24000 Payroll Liabilities:24090 Direct Deposit Liabilit Other Current Liability

0.00

24090

B/S-Liabs/Eq.: Other current liabilities

24000 Payroll Liabilities:24100 Emp. Health Ins Pay Other Current Liability

150.00

24100

B/S-Liabs/Eq.: Other current liabilities

25500 Sales Tax Payable

Other Current Liability

957.63 Sales Tax Payable

25500

B/S-Liabs/Eq.: Other current liabilities

23000 Loan - Vehicles (Van)

Long Term Liability

10,501.47 3/4 Ton PU - 48 months 6.9% purchased 12/01/2005

23000

B/S-Liabs/Eq.: L-T Mortgage/note/bonds pay.

23100 Loan - Vehicles (Utility Truck)

Long Term Liability

19,936.91 Loan - Vehicles (Utility Truck)

23100

B/S-Liabs/Eq.: L-T Mortgage/note/bonds pay.

23200 Loan - Vehicles (Pickup Truck)

Long Term Liability

22,641.00 Loan - Vehicles (Pickup Truck)

23200

B/S-Liabs/Eq.: L-T Mortgage/note/bonds pay.

28100 Loan - Construction Equipment

Long Term Liability

13,911.32 Loan for Construction Equipment

28100

B/S-Liabs/Eq.: L-T Mortgage/note/bonds pay.

28200 Loan - Furniture/Office Equip

Long Term Liability

21,000.00 Loan for purchase of furniture and office equipment

28200

B/S-Liabs/Eq.: L-T Mortgage/note/bonds pay.

28700 Note Payable - Bank of Anycity

Long Term Liability

28700

B/S-Liabs/Eq.: L-T Mortgage/note/bonds pay.

28900 Mortgage - Office Building

Long Term Liability

28900

B/S-Liabs/Eq.: L-T Mortgage/note/bonds pay.

30000 Opening Bal Equity

Equity

30100 Capital Stock

Equity

31400 Shareholder Distributions

Equity

32000 Retained Earnings

Equity

40100 Construction Income

Income

40100 Construction Income:40110 Design Income

2,693.21
296,283.00 Mortgage - Office Building

38,773.75 Offset account for use during the setup of the company'30000
500.00 Capital Stock

<Unassigned>

30100

<Unassigned>

31400

<Unassigned>

Retained Earnings

32000

<Unassigned>

Construction Income

40100

<Unassigned>

Income

40110

<Unassigned>

40100 Construction Income:40120 Equipment Renta Income

40120

<Unassigned>

40100 Construction Income:40130 Labor Income

0.00 Distributions paid to shareholders

Income

40130

<Unassigned>

40100 Construction Income:40140 Materials Income Income

40140

<Unassigned>

40100 Construction Income:40150 Subcontracted L Income

40150

<Unassigned>

40100 Construction Income:40199 Less Discounts g Income

40199

<Unassigned>

40500 Reimbursement Income

40500

<Unassigned>

40510

<Unassigned>

40500 Reimbursement Income:40520 Permit Reimb Income

40520

<Unassigned>

40500 Reimbursement Income:40530 Reimbursed FrIncome

40530

<Unassigned>

Income

40500 Reimbursement Income:40510 Mileage Inco Income

Account for reimbursable mile

50100 Cost of Goods Sold

Cost of Goods Sold

QuickBooks Automatically Increases the balance in this50100

<Unassigned>

54000 Job Expenses

Cost of Goods Sold

54000

<Unassigned>

54000 Job Expenses:54100 Bond Expense

Cost of Goods Sold

54100

<Unassigned>

54000 Job Expenses:54200 Equipment Rental

Cost of Goods Sold

Equipment Rental

54200

<Unassigned>

54000 Job Expenses:54300 Job Materials

Cost of Goods Sold

Job Materials

54300

<Unassigned>

54000 Job Expenses:54400 Permits and Licenses

Cost of Goods Sold

Licenses

54400

<Unassigned>

54000 Job Expenses:54500 Subcontractors

Cost of Goods Sold

Subcontractors Expense

54500

<Unassigned>

54000 Job Expenses:54520 Freight & Delivery

Cost of Goods Sold

Freight and Delivery

54520

<Unassigned>

54000 Job Expenses:54599 Less Discounts Taken

Cost of Goods Sold

54599

<Unassigned>

60100 Automobile

Expense

Automobile

60100

<Unassigned>

60100 Automobile:60110 Fuel

Expense

Fuel Expense

60110

<Unassigned>

60100 Automobile:60120 Insurance

Expense

Business Truck Policies

60120

<Unassigned>

60100 Automobile:60130 Repairs and Maintenance Expense

60130

<Unassigned>

60300 Bad debt

Expense

60300

<Unassigned>

60400 Selling Expense

Expense

60400

Deductions: Advertising

60400 Selling Expense:60410 Advertising Expense Expense

60410

Deductions: Advertising

60400 Selling Expense:60420 Promotion Expense

Expense

60420

Deductions: Advertising

60600 Bank Service Charges

Expense

Bank Service Charges

60600

<Unassigned>

60900 Depreciation Expense

Expense

Depreciation Expense

60900

<Unassigned>

61200 Dues and Subscriptions

Expense

Dues and Subscriptions

61200

<Unassigned>

61500 Union Dues

Expense

Union Dues

61500

<Unassigned>

62100 Insurance

Expense

Insurance

62100

<Unassigned>

62100 Insurance:62110 Disability Insurance

Expense

Disability Insurance

62110

<Unassigned>

62100 Insurance:62120 Liability Insurance

Expense

Liability Insurance

62120

<Unassigned>

62100 Insurance:62130 Work Comp

Expense

Workman's Compensation

62130

<Unassigned>

62199

<Unassigned>

62100 Insurance:62199 Less Employee Portion - HeaExpense

62400 Interest Expense

Expense

Interest Expense

62400

<Unassigned>

62400 Interest Expense:62410 Finance Charge

Expense

Finance Charge

62410

<Unassigned>

62400 Interest Expense:62420 Loan Interest

Expense

Loan Interest Expense

62420

<Unassigned>

62700 Payroll Expenses

Expense

62700

<Unassigned>

62700 Payroll Expenses:62710 Gross Wages

Expense

62710

<Unassigned>

62700 Payroll Expenses:62720 Payroll Taxes

Expense

62720

<Unassigned>

62700 Payroll Expenses:62730 FUTA Expense

Expense

62730

<Unassigned>

62700 Payroll Expenses:62740 SUTA Expense

Expense

62740

<Unassigned>

63000 Office Supplies

Expense

63000

<Unassigned>

63100 Postage

Expense

63100

<Unassigned>

63600 Professional Fees

Expense

Professional Fees

63600

<Unassigned>

63600 Professional Fees:63610 Accounting

Expense

Accounting Fees

63610

<Unassigned>

63600 Professional Fees:63620 Legal Fees

Expense

Legal Fees

63620

<Unassigned>

63900 Rent

Expense

Rent

63900

<Unassigned>

64200 Repairs

Expense

Repairs and Maintenance

64200

<Unassigned>

64200 Repairs:64210 Building Repairs

Expense

Building Repairs

64210

<Unassigned>

64200 Repairs:64220 Computer Repairs

Expense

Computer Repairs

64220

<Unassigned>

Office Supplies

Page 12 of 16

Account

Type

Balance Total

Description

Accnt. #

Tax Line

64200 Repairs:64230 Equipment Repairs

Expense

Equipment Repairs

64230

<Unassigned>

64500 Taxes

Expense

Taxes

64500

<Unassigned>

64500 Taxes:64510 Federal

Expense

Federal Taxes

64510

<Unassigned>

64500 Taxes:64520 State

Expense

64520

<Unassigned>

64500 Taxes:64530 Property

Expense

64530

<Unassigned>

64500 Taxes:64540 Local

Expense

64540

<Unassigned>

64800 Tools and Machinery

Expense

Tools and Machinery

64800

<Unassigned>

65100 Utilities

Expense

Utilities

65100

<Unassigned>

65100 Utilities:65110 Gas and Electric

Expense

Gas and Electric

65110

<Unassigned>

65100 Utilities:65120 Telephone

Expense

Telephone

65120

<Unassigned>

65100 Utilities:65130 Water

Expense

Water

65130

<Unassigned>

69000 Miscellaneous

Expense

Miscellaneous

69000

<Unassigned>

70100 Other Income

Other Income

Other Income

70100

<Unassigned>

70200 Interest Income

Other Income

Interest Income

70200

<Unassigned>

80100 Other Expenses

Other Expense

Other Expenses

80100

<Unassigned>

90100 Purchase Orders

Non-Posting

90100

<Unassigned>

90200 Estimates

Non-Posting

90200

<Unassigned>

90300 Sales Orders

Non-Posting

90300

<Unassigned>

Property Taxes

McGraw-Hill Education

Page 13 of 16

Your Name Project 2 Larry's Landscaping

9:39 PM

Account Listing

12/15/2018

December 15, 2018

Account

Type

Balance Total

Description

Accnt. #

Tax Line

Barter Account

Bank

Cash Expenditures

Bank

Checking

Bank

Savings

Bank

1200 Accounts Receivable

Accounts Receivable

Employee advances

Other Current Asset

100.00

Prepaid Insurance

Other Current Asset

500.00

1300 Inventory Asset

Other Current Asset

6,937.08

1300

<Unassigned>

1400 Undeposited Funds

Other Current Asset

110.00

1400

<Unassigned>

1500 Truck

Fixed Asset

12,025.00

1500

<Unassigned>

1500 Truck:1510 Original Purchase

Fixed Asset

13,750.00 Purchase Price of Asset

1510

<Unassigned>

1500 Truck:1520 Accumulated Depreciation

Fixed Asset

-1,725.00

1520

<Unassigned>

2000 Accounts Payable

Accounts Payable

2,578.69

2000

<Unassigned>

QuickBooks Credit Card

Credit Card

70.00 Platinum MasterCard

<Unassigned>

QuickBooks Credit Card:QBCC Field Office

Credit Card

45.00 QBCC for Field Office Manager

<Unassigned>

QuickBooks Credit Card:QBCC Home Office

Credit Card

25.00 QBCC for Management Office

<Unassigned>

QuickBooks Credit Card:QBCC Sales Dept

Credit Card

2100 CalOil Card

Credit Card

Payments on Account

Other Current Liability

2102 Payroll Liabilities

Other Current Liability

5,520.47

2102

<Unassigned>

2111 Direct Deposit Liabilities

Other Current Liability

0.00

2111

<Unassigned>

2300 Sales Tax Payable

Other Current Liability

2,086.50

2300

<Unassigned>

Bank of Anycity Loan

Long Term Liability

19,932.65

Equipment Loan

Long Term Liability

3,911.32

2400 Bank Loan

Long Term Liability

2400

<Unassigned>

3000 Owner's Equity

Equity

-5,000.00

3000

<Unassigned>

3000 Owner's Equity:3010 Owner's Draw

Equity

-5,000.00

3010

<Unassigned>

3000 Owner's Equity:3020 Owner's Contributions

Equity

0.00

3020

<Unassigned>

3100 Retained Earnings

Equity

3100

<Unassigned>

3200 Opening Bal Equity

Equity

3200

<Unassigned>

Retail Sales

Income

Service

Income

4100 Landscaping Services

Income

4100

Schedule C: Gross receipts or sales

4100 Landscaping Services:4000 Design Services Income

4000

Schedule C: Gross receipts or sales

4100 Landscaping Services:4110 Job Materials

4110

Schedule C: Gross receipts or sales

Income

0.00 Business to Business Barter

<Unassigned>

225.23 Wash acct for cash expenses

<Unassigned>

99,250.02 Great Statewide Bank

<Unassigned>

5,987.50 Great Statewide Bank

35,810.02

<Unassigned>
1200

<Unassigned>
<Unassigned>

0.00 QBCC for Sales Office

1,403.99

<Unassigned>
2100

-1,520.00 Deposits rec'd from customers

5,369.06 Recapitalization Loan

151,970.07

<Unassigned>

<Unassigned>
<Unassigned>

<Unassigned>
<Unassigned>

<Unassigned>
<Unassigned>

4100 Landscaping Services:4110 Job Materials:MisIncome

<Unassigned>

4100 Landscaping Services:4110 Job Materials:411Income

4111

Schedule C: Gross receipts or sales

4100 Landscaping Services:4110 Job Materials:41 Income

4112

Schedule C: Gross receipts or sales

4100 Landscaping Services:4110 Job Materials:41 Income

4113

Schedule C: Gross receipts or sales

4100 Landscaping Services:4110 Job Materials:411Income

4114

Schedule C: Gross receipts or sales

4100 Landscaping Services:4120 Labor

Income

4120

Schedule C: Gross receipts or sales

4100 Landscaping Services:4120 Labor:4121 InstaIncome

4121

Schedule C: Gross receipts or sales

4100 Landscaping Services:4120 Labor:4122 Ma Income

4122

Schedule C: Gross receipts or sales

4100 Landscaping Services:4130 Equipment RentaIncome

4130

Schedule C: Gross receipts or sales

4200 Discounts

Income

4200

Schedule C: Gross receipts or sales

4300 Other Income

Income

4300

Schedule C: Other business income

4400 Markup Income

Income

4400

Schedule C: Gross receipts or sales

4999 Uncategorized Income

Income

4999

Schedule C: Other business income

5000 Cost of Goods Sold

Cost of Goods Sold

5000

Schedule C: Materials/supplies, COGS

6000 Advertising

Expense

6000

Schedule C: Advertising

6100 Amortization Expense

Expense

6100

<Unassigned>

6200 Automobile

Expense

6200

Schedule C: Car and truck expenses

6200 Automobile:Insurance

Expense

6200 Automobile:License & Fees

Expense

6200 Automobile:6210 Fuel

Expense

6210

Schedule C: Car and truck expenses

6200 Automobile:6220 Maintenance & Repairs

Expense

6220

Schedule C: Car and truck expenses

6300 Bad Debt

Expense

6300

Schedule C: Bad debts from sales/services

6400 Bank Service Charges

Expense

6400

Schedule C: Interest expense, other

6500 Bond Expense

Expense

6500

Schedule C: Interest expense, other

6561 Payroll Expenses

Expense

6561

<Unassigned>

6600 Delivery Fee

Expense

6600

Schedule C: Other business expenses

6700 Depreciation

Expense

6700

Schedule C: Depletion

6700 Depreciation:6710 Section 179

Expense

6710

Schedule C: Other business expenses

6800 Dues and Subscription

Expense

6800

Schedule C: Legal and professional fees

6900 Insurance

Expense

6900

Schedule C: Insurance, other than health

6900 Insurance:6910 Disability

Expense

6910

Schedule C: Insurance, other than health

6900 Insurance:6920 Liability

Expense

6920

Schedule C: Insurance, other than health

6900 Insurance:6930 Worker's Comp

Expense

6930

Schedule C: Insurance, other than health

6999 Uncategorized Expenses

Expense

6999

<Unassigned>

7000 Interest Expense

Expense

7000

Schedule C: Interest expense, other

7000 Interest Expense:7010 Finance Charges

Expense

7010

Schedule C: Interest expense, other

7000 Interest Expense:7020 Interest on Loan

Expense

7020

Schedule C: Interest expense, other

7100 Job Expenses

Expense

7100

Schedule C: Other costs, COGS

7100 Job Expenses:7110 Job Materials

<Unassigned>
<Unassigned>

Expense

7110

Schedule C: Materials/supplies, COGS

7100 Job Expenses:7110 Job Materials:7111 Dec Expense

7111

Schedule C: Materials/supplies, COGS

7100 Job Expenses:7110 Job Materials:7112 Fou Expense

7112

Schedule C: Materials/supplies, COGS

7100 Job Expenses:7110 Job Materials:7113 Pla Expense

7113

Schedule C: Materials/supplies, COGS

7100 Job Expenses:7110 Job Materials:7114 Spri Expense

7114

Schedule C: Materials/supplies, COGS

7100 Job Expenses:7120 Equipmental Rental

Expense

7120

Schedule C: Rent/lease vehicles, equip.

7100 Job Expenses:7130 Permits

Expense

7130

Schedule C: Other costs, COGS

7100 Job Expenses:7140 Subcontractors

Expense

7140

Schedule C: Labor, cost of goods

7200 Miscellaneous

Expense

7200

Schedule C: Other business expenses

7250 Mileage Reimbursement

Expense

7250

Schedule C: Car and truck expenses

7300 Office Supplies

Expense

7300

Schedule C: Office expenses

7310 Supplies

Expense

7310

Schedule C: Supplies (not from COGS)

7320 Computer Supplies

Expense

7320

Schedule C: Supplies (not from COGS)

Page 14 of 16

Account

Type

Balance Total

Description

Accnt. #

Tax Line

7400 Professional Fees

Expense

7400

Schedule C: Legal and professional fees

7400 Professional Fees:7410 Accounting

Expense

7410

Schedule C: Legal and professional fees

7400 Professional Fees:7420 Legal

Expense

7420

Schedule C: Legal and professional fees

7400 Professional Fees:7430 Professional Design Expense

7430

Schedule C: Legal and professional fees

7500 Rent

Expense

7500

Schedule C: Rent/lease other bus. prop.

7550 Repairs

Expense

7550

Schedule C: Repairs and maintenance

7550 Repairs:7551 Building Repairs

Expense

7551

Schedule C: Repairs and maintenance

7550 Repairs:7552 Computer Repairs

Expense

7552

Schedule C: Repairs and maintenance

7550 Repairs:7553 Equipment Repairs

Expense

7553

Schedule C: Repairs and maintenance

7600 Taxes

Expense

7600

Schedule C: Taxes and licenses

7600 Taxes:7610 Federal

Expense

7610

Schedule C: Taxes and licenses

7600 Taxes:7620 Property

Expense

7620

Schedule C: Taxes and licenses

7600 Taxes:7630 State

Expense

7630

Schedule C: Taxes and licenses

7700 Tools and Misc. Equipment

Expense

7700

Schedule C: Other business expenses

7750 Utilities

Expense

7750

Schedule C: Utilities

7750 Utilities:7751 Gas and Electric

Expense

7751

Schedule C: Utilities

7750 Utilities:7752 Water

Expense

7752

Schedule C: Utilities

7750 Utilities:7753 Telephone

Expense

7753

Schedule C: Office expenses

7750 Utilities:7754 Internet Provider

Expense

7754

Schedule C: Office expenses

Misc Income

Other Income

8000 Interest Income

Other Income

8000

Schedule C: Other business income

9000 Other Expenses

Other Expense

9000

Schedule C: Other business expenses

Purchase Orders

Non-Posting

5 Sales Orders

Non-Posting

<Unassigned>

<Unassigned>
5

<Unassigned>

McGraw-Hill Education

Page 15 of 16

Your Name Project 2 Larry's Landscaping

Statement of Cash Flows

10:00 PM
12/15/2018

October 2017 through September 2018

Oct '17 - Sep 18
OPERATING ACTIVITIES
Net Income

-83,760.14

Adjustments to reconcile Net Income

to net cash provided by operations:
1200 Accounts Receivable
Prepaid Insurance

-3,346.94
-700.00

1300 Inventory Asset

-3,233.47

2000 Accounts Payable

-2,132.80

2100 CalOil Card

Payments on Account
2102 Payroll Liabilities
2300 Sales Tax Payable
Net cash provided by Operating Activities

1,256.49
-1,520.00
4,172.74
1,201.30
-88,062.82

INVESTING ACTIVITIES
1500 Truck:1520 Accumulated Depreciation
Net cash provided by Investing Activities

575.00
575.00

FINANCING ACTIVITIES
Bank of Anycity Loan

20,801.07

Equipment Loan

4,343.11

2400 Bank Loan

-7,154.82

3100 Retained Earnings

3200 Opening Bal Equity
Net cash provided by Financing Activities

43,954.66
-67,600.63
-5,656.61

Net cash increase for period

-93,144.43

Cash at beginning of period

220,050.40

Cash at end of period

126,905.97

McGraw-Hill Education

Page 16 of 16