QuickBooksIntermediate:
Ch 8–Estimates and Sales Orders
Ch 10 – Adjustments and year-end
Name:
Grade Id:
Due Date:
Instructor: / Jyoti Chandra
Score (50 pts):


NO KEY and RESUBMIT for Multiple Choice and Completion Statements

Instructions to Copy zip files from web site:

1. Click on the link and save the zip file to a folder called CIM223b(on C: at home, H: or Flash Drive in Lab).

2. Double click the zip file in the CIM223b folder and select the same folder (CIM223b) to unzip.

3.It will add the practice file (.qbb) and the problem file (.qbw) to CIM223b folder.

1.Read QuickBooks Intermediate’s Chapter 8- Estimates and Sales Orders, and Chapter 10 – Adjustments and Year-End Procedures.

  • Use practice filesEstimates-05.qbb(for chapter 8) and Adjustments-05.qbb(for chapter 10) from CIM223b folder.
  • Complete all Computer Practice section in the chapter, unless it states that the steps are for reference only.

2.Multiple Choice questions (pg 312)- 12 pts:

1. ____ / 2. ____ / 3. ____ / 4. ____ / 5. ____
6. ____ / 7. ____ / 8. ____ / 9. ____ / 10. ____
11. ____ / 12. ____ / TOTAL :

3.Estimates-Problem1 (pg 314) – 18 pts

  • Use company file called CIM223b-Assign7a.QBW from CIM223b folder (C:at home, H: or Flash Drive in Lab). Do not use the file shown in the book.
  • Addyour name and Grade id to Company Name.
    (e.g. CIM223b-Assign7a-Name-Gradeid )
  • Perform steps 1-7 (pg 314-315) and print the following as directed in the steps. Make sure you print while you are on the step, printing later may not produce the same reports:

Step / What to print
2. / Printthe estimate.
4. / Print the invoice.
5. / Print the report.
6. / Print the sales order.
7. / Print the report.
  • BACKUP your company file to CIM223b-Assign7a.QBB on the floppy.
  • Adjustments -Problem2 (pg 413-415) – 20 pts
  • Use company file called CIM223b-Assign7b.QBW from CIM223b folder (C:at home, H: or Flash Drive in Lab). Do not use the file shown in the book.
  • Addyour name and Grade id to Company Name.
    (e.g. CIM223b-Assign7b-Name-Gradeid )
  • Perform steps 1-10 (pg 413-415) and print the following as directed in the steps. Make sure you print while you are on the step, printing later may not produce the same reports:

Step / What to print
3. / Print the Balance Sheet.
4. / PrintProfit & Loss.
6. / Print the invoice.
7. / Print the Journal report showing journal entries.
8. / Print the Balance Sheet.
9. / Print Statement of Cash Flow.
10. / Print Profit and Loss.
  • BACKUP your company file to CIM223b-Assign7b.QBB on the floppy.

CIM223bAssign7.docPage 1 of 29/22/2018