QB Case9 Reports

8/18/2019 QB Case9 Reports

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YueZhao QB Case 9 Tuscany Landscape 10:15 PM

Account Listing 04/08/2016January 1, 2020

Account Type Balance Total Description Accnt. # Tax Line

Checking Bank 0.00

14000 · Mower Fixed Asset 0.00 Mower 14000

14000 · Mower:14100 · Mower Cost Fixed Asset 0.00 Mower Cost 14100

14000 · Mower:14200 · Accumulated Depreciation Mo Fixed Asset 0.00 Accumulated Depreciation Mower 14200

15000 · Furniture and Equipment Fixed Asset 0.00 Furniture and equipment with useful life exceeding one 15000

15800 · Landscaping Equipment Fixed Asset 0.00 Landscaping and lawn equipment 15800

17 000 · Ac cu mula ted De prec iation Fix ed As se t 0 .0 0 A ccu mula te d d epre ciatio n on eq uipm ent, b uilding s an d 1 70 00

18000 · Trimmer Equipment Fixed Asset 0.00 Trimmer Equipment 18000

18000 · Trimmer Equipment:18100 · Trimmer EquipmeFixed Asset 0.00 Trimmer Equipment Cost 18100

18000 · Trimmer Equipment:18200 · Accumulated DepFixed Asset 0.00 Accumulated Depr Trimmer 18200

30000 · Opening Balance Equity Equity 0.00 Opening balances during setup post to this account. T 30000

30800 · Owners Draw Equity 0.00 Monies taken out of the business by the owner 30800

32000 · Owners Equity Equity Monies invested in the business by the owner, and pro32000

44900 · Installation Services Income Landscape installation services income 44900 Schedule C: Gross receipts or sales

45700 · Maintenance Services Income Landscape maintenance services income 45700 Schedule C: Gross receipts or sales

51600 · Materials Costs Cost of Goods Sold Cost of materials used on jobs 51600 Schedule C: Purchases, cost of goods

5 41 00 · W or ke r' s C ompe ns at io n In su ra nc e C os t o f G oo ds S old W or ke r' s c ompe ns at io n in su ra nc e p re mi ums 5 41 00 S ch ed ul e C : Ot he r c os ts , C OGS

60000 · Advertising and Promotion Expense Advertising, marketing, graphic design, and other prom60000 Schedule C: Advertising

60100 · Auto and Truck Expenses Expense Fuel, oil, repairs, and other automobile maintenance fo60100 Schedule C: Car and truck expenses

60400 · Bank Service Charges Expense Bank account service fees, bad check charges and ot60400 Schedule C: Other business expenses

6 17 00 · Co mp ut er a nd I nt er ne t E xp en se s E xp en se C ompu te r s up pl ie s, o ff -t he -s he lf s oft wa re , o nl in e f ee s, 6 17 00 S ch ed ul e C : Ot he r b us in es s e xp en se s

62400 · Depreciation Expense Expense Depreciation on equipment, buildings and improvemen 62400

63300 · Insurance Expense Expense Insurance expenses 63300 Schedule C: Insurance, other than health

63400 · Interest Expense Expense Interest payments on business loans, credit card balan63400 Schedule C: Interest expense, other

64300 · Meals and Entertainment Expense Business meals and entertainment expenses, includin 64300 Schedule C: Meals and entertainment

64800 · Supplies Expense Expense Supplies Expense 64800 Schedule C: Supplies (not from COGS)

64900 · Office Supplies Expense Office supplies expense 64900 Schedule C: Office expenses

66500 · Postage and Delivery Expense Postage, courier, and pickup and delivery services 66500 Schedule C: Other business expenses

66700 · Professional Fees Expense Payments to accounting professionals and attorneys f 66700 Schedule C: Legal and professional fees

67100 · Rent Expense Expense Rent paid for company offices or other structures used 67100 Schedule C: Rent/lease other bus. prop.

67200 · Repairs and Maintenance Expense Incidental repairs and maintenance of business assets 67200 Schedule C: Repairs and maintenance

68100 · Telephone Expense Expense Telephone and long distance charges, faxing, and othe68100 Schedule C: Utilities

68400 · Travel Expense Expense Business-related travel expenses including airline ticke68400 Schedule C: Travel

68600 · Utilities Expense Water, electricity, garbage, and other basic utilities exp 68600 Schedule C: Utilities

80000 · Ask My Accountant Other Expense Transactions to be discussed with accountant, consult80000

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YueZhao QB Case 9 Tuscany Landscape 10:27PM

Customer & Job List 04/08/2016April 8, 2016

A ct iveS t at u s C ust om er B alanceB alan ceT o t al C om pany Mr ./Ms. / .. .F i rs t N ameM. I .L ast N am eP rimar yCo nt act Main P ho neF axA l t. P ho neS econ dar yCo nt act Jo b T it l eMain E mai l B il l t o 1 B il l t o 2 B il l t o 3 B il l t o 4 B il l t o 5S h ip t o 1S h ip to 2S h ip t o 3S hip t o 4S h ip t o 5C u st o mer T ypeT er msR ep S alesT axCo d eT ax i t em R esa leNu m A cco un t N o.C r edi t L im it Jo b S ta t us Jo b Typ e Jo b Descr ipt ion S t ar t D at eP r oject ed En d E n d D ate

Active Beneficio, Katrina 0.00 0.00 Katrina Beneficio 4155551818 KatrinaBeneficio 10Pico Blvd Bayshore, CA94326 Residential Net 30 3001

Active Beneficio, Katrina:Lawn 0.00 0.00 Katrina Beneficio 4155551818 KatrinaBeneficio 10Pico Blvd Bayshore, CA94326 Residential Net 30 3001 Awarded Lawn Mow/TrimLawn

Active Rock CastleConstruction 0.00 0.00 RockCastleConstruction Rock Castle 4155557878 RockCastleConstruction Rock Castle 1735County Road Bayshore, CA94326 Commercial Net 30 3003

Active Rock CastleConstruction:Lawn&Shrubs 0.00 0.00 RockCastleConstruction Rock Castle 4155557878 RockCastleConstruction Rock Castle 1735County Road Bayshore, CA94326 Commercial Net 30 3003 Awarded Lawn& ShrubsMow/TrimLawn &Shrubs

Active Whalen, Tom 0.00 0.00 Tom Whalen 4155551234 TomWhalen 100Sunset DriveBayshore, CA94326 Residential Net 30 3002

Active Whalen, Tom:Lawn 0.00 0.00 Tom Whalen 4155551234 TomWhalen 100Sunset DriveBayshore, CA94326 Residential Net 30 3002 Awarded Lawn Mow/TrimLawn

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Vendor List 04/08/2016April 8, 2016

A ct ive Status V endor B alanceB alance Tota l C ompany Mr. /Ms. /. ..F i rs t NameM. I.Last N ame B il l fr om 1 B il l fr om 2 B il l fr om 3 B il l fr om 4B i ll f rom 5S hip fr om 1S hip f rom 2Ship f rom 3S hip fr om 4S hip f rom 5Pr imar y ContactJob T it leMain PhoneFaxA lt . PhoneS econdary C ontact

Active AB Gas Station 0.00 0.00 AB Gas Station Norm AB Gas Station 100 Manchester Road Bayshore, CA 94326 4155557844

Active Mower Sales & Repair 0.00 0.00 Mower Sales & Repair Teresa Mower Sales & Repair 650 Manchester Road Bayshore, CA 94326 4155558222

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Item Listing 04/08/2016January 1, 2020

I tem Description Type Cost Price Sales Tax CodePreferred Vendor

Mowing Lawn Mowing Service 0.00 25.00

Trim ShrubsTrim Shrubs Service 0.00 30.00

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Deposit Detail 04/08/2016January through December 2020

Type Num Date Name Account Amount

Deposit 01/01/2020 Checking 1,500.00

Tomaso Moltissimo 30000 · Opening Balance Equity -1,500.00

TOTAL -1,500.00

Deposit 05/15/2020 Checking 900.00

Payment 755 05/15/2020 Beneficio, Katrina:Lawn & Shrubs 12000 · Undeposited Funds -300.00

Payment 645 05/15/2020 Whalen, Tom:Lawn & Shrubs 12000 · Undeposited Funds -200.00

Payment 1068 05/15/2020 Rock Castle Construction:Lawn & Shrubs 12000 · Undeposited Funds -400.00

TOTAL -900.00





TOTAL -900.00





TOTAL -1,470.00





TOTAL -900.00





TOTAL -900.00





TOTAL -900.00





TOTAL -1,470.00

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Check Detail 04/08/2016January through December 2020

Type Num Date Name Item Account Paid Amount Original Amount

Check 501 02/01/2020 Mower Sales & Repair Checking -800.00

14100 · Mower Cost -800.00 800.00

TOTAL -800.00 800.00

Bill Pmt -Check 502 03/20/2020 AB Gas Station Checking -100.00

Bill 03/01/2020 64800 · Supplies Expense -100.00 100.00

TOTAL -100.00 100.00

Bill Pmt -Check 503 03/20/2020 Mower Sales & Repair Checking -200.00

Bill 02/20/2020 18100 · Trimmer Equipment Cos -200.00 200.00

TOTAL -200.00 200.00



TOTAL -100.00 100.00



TOTAL -100.00 100.00



TOTAL -100.00 100.00



TOTAL -100.00 100.00



TOTAL -100.00 100.00



TOTAL -100.00 100.00

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Adjusting Journal Entries 04/08/2016December 31, 2020 Accrual Basis

Date Num Name Memo Account Debit Credit

12/31/2020 ADJ1 62400 · Depreciation Expense 200.00

14200 · Accumulated Depreciation Mower 200.00

200.00 200.0012/31/2020 ADJ2 62400 · Depreciation Expense 100.00

18200 · Accumulated Depr Trimmer 100.00

100.00 100.00

TOTAL 300.00 300.00

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Adjusted Trial Balance 04/08/2016December 31, 2020 Accrual Basis

Unadjusted Balanc Adjustments Adjusted Balance

Debit Credit Debit Credit Debit Credit

Checking 7,240.00 7,240.00

11000 · Accounts Receivable 0.00 0.0012000 · Undeposited Funds 0.00 0.00

14000 · Mower:14100 · Mower Cost 800.00 800.00

14000 · Mower:14200 · Accumulated Depreciation Mower 200.00 200.00

18000 · Trimmer Equipment:18100 · Trimmer Equipment Cost 200.00 200.00

18000 · Trimmer Equipment:18200 · Accumulated Depr Trimmer 100.00 100.00

20000 · Accounts Payable 0.00 0.00

30000 · Opening Balance Equity 1,500.00 1,500.00

45700 · Maintenance Services 7,440.00 7,440.00

62400 · Depreciation Expense 300.00 300.00

64800 · Supplies Expense 700.00 700.00

TOTAL 8,940.00 8,940.00 300.00 300.00 9,240.00 9,240.00

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General Ledger 04/08/2016As of December 31, 2020 Accrual Basis

Type Date Num Adj Name Memo Split Debit Credit Balance

Checking 0.00

Deposit 01/01/2020 Deposit 30000 · Opening Balance Equity 1,500.00 1,500.00

Check 02/01/2020 501 Mower Sales & Repair 4002 14100 · Mower Cost 800.00 700.00

Bill Pmt -Check 03/20/2020 502 AB Gas Station 4001 20000 · Accounts Payable 100.00 600.00

Bill Pmt -Check 03/20/2020 503 Mower Sales & Repair 4002 20000 · Accounts Payable 200.00 400.00

Deposit 05/15/2020 Deposit -SPLIT- 900.00 1,300.00

Bill Pmt -Check 05/30/2020 504 AB Gas Station 4001 20000 · Accounts Payable 100.00 1,200.00



Deposit 07/15/2020 Deposit -SPLIT- 1,470.00 3,470.00








Deposit 11/15/2020 Deposit -SPLIT- 1,470.00 7,240.00

Total Checking 8,940.00 1,700.00 7,240.00

11000 · Accounts Receivable 0.00

Invoice 04/30/2020 1 Beneficio, Katrina:Lawn & Shrubs -SPLIT- 300.00 300.00

Invoice 04/30/2020 2 Rock Castle Construction:Lawn & Shrubs -SPLIT- 400.00 700.00

Invoice 04/30/2020 3 Whalen, Tom:Lawn & Shrubs -SPLIT- 200.00 900.00

Payment 05/15/2020 755 Beneficio, Katrina:Lawn & Shrubs 12000 · Undeposited Funds 300.00 600.00

Payment 05/15/2020 645 Whalen, Tom:Lawn & Shrubs 12000 · Undeposited Funds 200.00 400.00

Payment 05/15/2020 1 068 Rock Castle Construction:Lawn & Shrubs 12000 · Undeposited Funds 400.00 0.00








Invoice 06/30/2020 8 Rock Castle Construction:Lawn & Shrubs -SPLIT- 670.00 1,180.00

Invoice 06/30/2020 9 Whalen, Tom:Lawn & Shrubs -SPLIT- 290.00 1,470.00























Invoice 10/31/2020 20 Rock Castle Construction:Lawn & Shrubs -SPLIT- 670.00 1,180.00

Invoice 10/31/2020 21 Whalen, Tom:Lawn & Shrubs -SPLIT- 290.00 1,470.00




Total 11000 · Accounts Receivable 7,440.00 7,440.00 0.00

12000 · Undeposited Funds 0.00

Payment 05/15/2020 755 Beneficio, Katrina:Lawn & Shrubs 11000 · Accounts Receivable 300.00 300.00

Payment 05/15/2020 645 Whalen, Tom:Lawn & Shrubs 11000 · Accounts Receivable 200.00 500.00

Payment 05/15/2020 1068 Rock Castle Construction:Lawn & Shrubs 11000 · Accounts Receivable 400.00 900.00

Deposit 05/15/2020 755 -MULTIPLE- Deposit Checking 900.00 0.00







Payment 07/15/2020 1200 Rock Castle Construction:Lawn & Shrubs 11000 · Accounts Receivable 670.00 1,470.00

Deposit 07/15/2020 910 -MULTIPLE- Deposit Checking 1,470.00 0.00















Payment 11/15/2020 1600 Rock Castle Construction:Lawn & Shrubs 11000 · Accounts Receivable 670.00 1,470.00

Deposit 11/15/2020 967 -MULTIPLE- Deposit Checking 1,470.00 0.00

Total 12000 · Undeposited Funds 7,440.00 7,440.00 0.00

14000 · Mower 0.00

14100 · Mower Cost 0.00

Check 02/01/2020 501 Mower Sales & Repair 4002 Checking 800.00 800.00

Total 14100 · Mower Cost 800.00 0.00 800.00

14200 · Accumulated Depreciation Mower 0.00

General Journal12/31/2020 ADJ1 62400 · Depreciation Expense 200.00 -200.00

Total 14200 · Accumulated Depreciation Mower 0.00 200.00 -200.00

Total 14000 · Mower 800.00 200.00 600.00

18000 · Trimmer Equipment 0.00

18100 · Trimmer Equipment Cost 0.00

Bill 02/20/2020 Mower Sales & Repair 20000 · Accounts Payable 200.00 200.00

Total 18100 · Trimmer Equipment Cost 200.00 0.00 200.00

18200 · Accumulated Depr Trimmer 0.00

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Balance Sheet 04/08/2016As of December 31, 2020 Accrual Basis

Dec 31, 20

ASSETS

Current Assets

Checking/SavingsChecking 7,240.00

Total Checking/Savings 7,240.00

Total Current Assets 7,240.00

Fixed Assets

14000 · Mower

14100 · Mower Cost 800.00

14200 · Accumulated Depreciation Mower -200.00

Total 14000 · Mower 600.00

18000 · Trimmer Equipment

18100 · Trimmer Equipment Cost 200.00

18200 · Accumulated Depr Trimmer -100.00

Total 18000 · Trimmer Equipment 100.00

Total Fixed Assets 700.00

TOTAL ASSETS 7,940.00

LIABILITIES & EQUITY

Equity

30000 · Opening Balance Equity 1,500.00

Net Income 6,440.00

Total Equity 7,940.00

TOTAL LIABILITIES & EQUITY 7,940.00

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Statement of Cash Flows 04/08/2016January through December 2020

Jan - Dec 20

OPERATING ACTIVITIES

Net Income 6,440.00

Net cash provided by Operating Activities 6,440.00INVESTING ACTIVITIES

14000 · Mower:14100 · Mower Cost -800.00

14000 · Mower:14200 · Accumulated Depreciation Mower 200.00

18000 · Trimmer Equipment:18100 · Trimmer Equipment Cost -200.00

18000 · Trimmer Equipment:18200 · Accumulated Depr Trimmer 100.00

Net cash provided by Investing Activities -700.00

FINANCING ACTIVITIES

30000 · Opening Balance Equity 1,500.00

Net cash provided by Financing Activities 1,500.00

Net cash increase for period 7,240.00

Cash at end of period 7,240.00

Documents

QB Case9 Reports