INTUIT QUICBOOKS 18.

0 – Sample data for Practice

Activity 1: Create New Company:

Name: Daauus Photo and Printing.

Business Form: Partnership
Type: Adversising and Designing
Charts of Accounts: My accounts
Telephone: +252-615377182
Address: Wadada Wadnaha
City: Mogadishu. Country: Somalia. State: Banadir
Accounting period: 12 calendar period starting at Jan 2023

Activity 2: Modify charts of accounts – since we chose sample accounts when we creating new
company file in activity 1 then we need to some modification of charts of accounts use the
following guide to do so:

1. Modify accounts – ID, Description and Type

2. Delete unwanted accounts
3. Create new accounts
4. Make accounts inactive

Activity 3: General Journal entries – these events happened on Jan 2023

Jan 1 – Mr. Abdirahim deposits $5,000 into bank account to invests new business named
Daauus Photo and Printing, reference Deposit ticket #001
Jan 1 – paid $300 3 Months rent in advance chk 02
Jan 5 – purchased computer equipment of $800 chk03
Activity 4: Setup default information

The default information simplifies and smooths the process of entering information such as when
creating customers, vendors and inventory items.

1. Customer default information

2. Vendor default information
3. Inventory default information

Activity 5: Enter Accounts Beginning Balances

31- Dec 2022 Cash on hand = $500

31- Dec 2022 A/R = $200
31- Dec 2022 A/P = $200

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Activity 6: Create Customers and Their Beginning Balances

Customers ID Name Address City Balance

C001 Al Huda School Siinaay Mogadishu $ 30
C002 Al Bayaan Post SuuqBacaad Mogadishu $ 50
C003 SIITAM Baar Ubax Mogadishu $ 35
C004 Al Hilaal Post Soobe Mogadishu $ 100
C005 SITCOSS Laba Dhagax Mogadishu 0
Total $215

Activity 7: Create Vendors and Their Beginning Balances

Vendor ID Name Balance

V001 Abdimajid Hussein- $0
Stationary
V002 Badar Statonary $0
V003 Beco Electricity $0
Total Balance $0

Activity 8: Create inventory Items and enter Beginning Balances

Item ID Description Quantity Unit Cost Unit Price Total Cost

Available
IT001 Note Books 30 $2 $ 2.5 $60

IT002 Books and Pens 500 $0.3 $0.5 $150

IT003 Papers; A4,A3, 50,000 $0.01 $ 0.038 500
IT004 Cover pages and 100 $ 0.3 $ 0.5 250
Buugaagta qalin jabinta
IT005 Abaalmarinada iyo 85 $ 0.8 $1 68
Coverka ID cards-ka
Totals 15715 $ 1,028

Activity 9: Setup Service and Description Items

1. SAWIR QAADID: Waxaan qabtay howlo sawir qaadis la xiriirta anoo u kala qabtay ilaa
5 qof Maalintii (qayaas ahaan) qofkiina aan ka qabtay 2 sawir, bishii waxaan qabtaa
ilaa 100 qof oo sawir laga qaadaayo oo noqonaayo iskuwadar 200 oo sawir midkiina waa
$2.
2. DAABACAAD: waxaa qabtaa sidoo kale daabacaadda buugaagta iyo ID-cardska iyo
Business cards oo si shaqsi ah aan u sameeyo, iyo daabacaad wixii intaas kasii badan oo
aan Commision ahaan ugu sameeyo anoo usii xariirinaayo SHIRKAD kale, sida;
BOORARKA WAAWEYN, KUWA YARYAR, STICKERS-KA.

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 3. SAMEENTA COMPANY IDENTITY: waxaan qabtaa howlaha la xiriira company
Profile like; Design-ka, LOGO-sameynta, xayeeysiimaha Social media iyo product
designs-ka iyo wixii intaas kasii badan ee uu company iga raboodo.
4. SAWIRADA QALIN JABINTA ARDAYDA JAAMACADAHA: waxaan sameenaa
waxa loo yaqaan SUBCONTARACTOR, oo aan la leenahay asxaab sameeso sawirada
gaarka ah sida qalin jabinada, kuwa guurka iyo kuwa munaasabadaha gaarka ah.

Activity 10: Create Purchase Orders

Vendor Name Item Description Quantity Unit PO# Order

ID ID Ordered Cost Date
V001 Abdimajid IT001 Note Books 10 2 001 19/ Jan
Hussein- /2023
Stationary
V002 Badar IT006 Printer 2 600 002 19/ Jan
Statonary Deskjet 2001 /2023
V004 Yaasir IT002 Books and 6 dersin: 48 1.5*48= 003 19/ Jan
Bookstore pens 24 /2023
V001 Abdimajid IT004 Cover Pages 500 0.3 004 19/ Jan
Hussein- /2023
Stationary

Activity 11: Receiving Inventories items and Create Invoices

Item Description PO# Invoice # Quantity Received Remaining

ID Ordered
Receive All Items Ordered :-
IT006 Printer Deskjet 001 INV001 6 dersin 2 0
2001
IT001 Note Books 002 INV002 10 10 0
Receive Partial of the Items Ordered :-
IT002 Books and pens 003 INV003 6 dersin 4 dersin 2 dersin
IT004 Cover Pages 004 INV004 500 300 200

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Activity 12: Make Cash Purchase

Vendor Name Item Description Quantity Unit Cost Order Date

ID ID Ordered
V005 Start IT011 ID cards 100 $1 20/ Jan
Computers lafahooda /2023
V006 Alrehaab IT012 Bashqadaha 300 $ 0.25 20/ Jan
Electronics /2023

Activity 13: Create Vendor Credit Memo: - Return Defective Items to Suppliers

Item ID Description Quantity Unit Cost Total Cost

Returned
IT007 ID cards 20 $1 $ 20
IT008 Bashqado 50 $ 0.25 $ 12.5

Activity 14: Recording Bills

Vendor ID Description Quantity Unit Cost Total Cost

V003 Beco Electricity 55 kw $ 0.46 $ 25.3
V007 Al-Qamar Water Co 10 $1 $ 10
V008 Hormuud Telcom 1 Month $ 30 $ 30

Activity 15: Paying Bills

Vendor ID Description Check # Date Cash Acc Amount Amount

Due Paid
V003 Beco Electricity Chk#10 30/01/23 Regular $ 25.3 $ 20
Checking
Account
V008 Hormuud telcom Chk#11 30/01/23 Cash on $ 30 $ 30
Hand
V001 Cover pages; Chk#12 30/01/23 Cash on $ 90 $80
300*0.3 Hand
V002 Book and pens Chk#13 30/01/23 Cash on $ 72 $70
4dersin*1.5 Hand
V007 Al-Qamar Water Chk#14 30/01/23 Regular $ 10 $ 10
Co Checking
Account