QuickBooks Exercises, computer science assignment help
QuickBooks Exercises, computer science assignment help
Need to have QuickBooks 2015 book or i can probably figure a way to get the book to you
Part one:
Each week there are several QuickBooks data files that you need to complete and submit. The links to the company back up files you will be working on can be found in the eResources booklet for your text, and the steps for working with these data files will be clearly indicated as you work through the weekly content and practice sets. For this week you will submit the following:
- EX 4 [Your Name] Kristin Raina Interior Designs Trial Balance Report
- EX 4 [Your Name] Kristin Raina Interior Designs Journal Report – Adjusting Journal Entries (February)
- EX 4 [Your Name] Kristin Raina Interior Designs General Ledger Report – Partial (As of Feb 28)
- EX 4 [Your Name] Kristin Raina Interior Designs Adjusted Trial Balance Report – Renamed Adjusted Trial Balance (As of Feb 28)
- EX 4 [Your Name] Kristin Raina Interior Designs Profit and Loss Standard Report (January through February)
- EX 4 [Your Name] Kristin Raina Interior Designs Balance Sheet (as of February 28)
- EX 5 [Your Name] Kristin Raina Interior Designs Inventory Valuation Detail Report (March)
- EX 5 [Your Name] Kristin Raina Interior Designs Purchases by Item Detail Report (March)
- EX 5 [Your Name] Kristin Raina Interior Designs Sales by Item Detail (March)
- EX 5 [Your Name] Kristin Raina Interior Designs Journal Report – Partial (March 1 – March 31)
- EX 5 [Your Name] Kristin Raina Interior Designs Profit & Loss Standard Report (or Income Statement) January 1 – March 31)
- EX 5 [Your Name] Kristin Raina Interior Designs Balance Sheet Standard Report (March 31)
Submit your exported reports in one Excel Workbook.
Part two:
Customer and Vendor Relationships
Compare and Contrast the Chapter 4 ending Profit and Loss Statement through February with the end of Chapter 5 Profit and Loss statement through the end of March for Kristin Raina Interior Designs
Compare and Contrast the Balance Sheet as of February 28th with the balance sheet as of March 31st. After analyzing the statements, answer the following questions:
- What is the financial situation of the company as of February 28th?
- Did the financial situation improve, remain the same, or start to decline through the month of March?
- What areas of strength exist in the company? What are the company’s weaknesses?
- What are some areas where the company has opportunities for growth for the company’s financial situation?
- In order to help you justify the above answers, financial ratios should be calculated. At minimum the following ratios should be calculated and used to support your arguments:
- Debt to Equity Ratio (Total Liabilities/Equity) This ratio provides a look at how much the creditors have put into the company compared to how much the owners have put into the company.
- Current Ratio (Current Assets/Current Liabilities) This provides a look at whether or not the business has enough current assets to pay their current liabilities.
- Profit Margin (Net Income/Sales) This provides a measure of how much profit is earned on each dollar of sales
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