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Please Note: e Any report saved without the name will be marked as Zero e Allreports must be in PDF format, when you export the report, make sure you select the report type as PDF

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Please Note:
e Any report saved without the name will be marked as Zero
e Allreports must be in PDF format, when you export the report, make sure you select the report
type as PDF.
Part B: Company's background:
The China Company sells various kinds and sizes of china for everyday use and for special occasions.
Apply 13% HST to sales. Terms for non-retail sale customers are 2/10, net 30. Vendor invoices
normally have terms of 2/10, net 30, except where additional information is given.
All sales invoices and cheques are issued in numerical order. China Company does not print invoices or
cheques. The company does not use the Shipped field in Purchase Invoices. Cash discounts when
appropriate are calculated on the cost price before HST. You normally work on March 5, 12, 19, 26 and
March 31. You advance the session date when you open the data file.
Part C: Enter the following transactions:
Mari Issued Purchase order #106 to BNS Printing Ltd. for new invoices with a revised logo.
Delivery date is Mar 5. Cost of the new invoices will be $100.00, plus HST, with terms
2/10, net 30.
Mar1 Advertisement in today's issue of Yourtown Newspaper, a new vendor, 5569 Ace
Avenue, Yourtown, Ontario LSN 1X6, contact Stanley Faria. Invoice #1099 received for
$200.00, plus HST. Terms Net 15 days. Use an appropriate account for the default
Expense field.
Mar 2 Purchased 30 dinner plates, code DP-01, at $25.00 each, plus HST, from Specialty h
Manufacturer Ltd. All plates were received in good condition. Invoice #361 dated today
with terms of 2/10, net 30.
Mar 3. Sold on invoice #5270, one Luncheon Service, code LSS-01, to a new customer, Your Actual
Name, 85 Lake Avenue, Rockton, Ontario L6N1B9. The selling price is $1,000.00, plus HST.
Your Actual Name will pay the net amount in 15 days. Credit limit $3,000.00.
MarS The new invoices from BNS Printing ordered on PO#106 are received in good condition with
invoice #875 dated today.
MarS We rcturncd 4 plates from the Mar 2 order from Specialty Manufacturer Ltd., because the
pattern is not centred. Original cost of the plates was $25.00 each, plus HST.
Mar6 Sold 1 dozen soup bowls, SB-01, at $15.00 per bowl, plus HST, to Plates and More. Normal
terms.
Mar6 Issued cheque to pay Receiver General the HST owing at the end of February. You may
have to click the All Accounts button at the bottom of the Select Account window, to
display other accounts.
Mar7 Plates and More returned 5 of the soup bowls because they arrived damaged. We have