NAME KEY
QUICKBOOKS® 2013:
A COMPLETE COURSE
SECTION 2 PRACTICE SET EXAM:
YOUR NAME’S ULTIMATE GOLF
Enter the following transactions and print when possible (Continue to use your Golf.qbw
file to complete the exam):
2/01/2013
► Add a new sales item for Golf Socks: Type: Inventory Part; Item Name: Socks;
Description: Golf Socks; Accounts: 5000, 4020, and 1120; Preferred Vendor:
Specialty Golf Clothes, Inc.; Tax Code: Tax; Re-order Point: 10; On Hand: 5; Total
2/03/2013
► Azar Hammar picked up the putter he ordered by telephone on February 1, 2013.
(Use the original telephone order date as the invoice date.)
► Received the entire order of golf socks and the bill dated 02/03/13.
► Sold 2 pair of golf socks to a cash customer at $7.50 per pair. Customer paid with her
Visa card.
2/05/2013
► Returned 1 pair of golf socks to Specialty Golf Clothes, Inc. for credit. (Note: If the
information for the last credit memo for Specialty Golf Clothes, Inc. appears, remove
SECTION 2 PRACTICE SET EXAM KEY 2
2/10/2013
► Pay the bill for the golf socks. (Apply any credits available; and, if eligible, calculate
any discounts after applying any credits.) Print the check.
► Print the following reports:
o Trial Balance for 02/01/13 through 2/10/2013.
o Standard Profit & Loss Statement for 02/01/2013 through 02/10/2013.
Practice Set and Exam Questions:
If necessary, refer to your printouts for Your Name’s Ultimate Golf Exam and Practice
Set to answer the following questions in the space provided:
1. Deposit Summary Total for 1/14/2013 2,820.83
5. Total of the Unpaid Bills Detail Report, 02/10/2013 14,789.65
6. Total Net Income for February 1-10, 2013 230.09
QUICKBOOKS® 2013: A COMPLETE COURSE 3
For Instructor Use:
EXAM REPORT
TOTALS
Report 1 Trial Balance, 2-10-13
124,024.97
Report 2 Profit & Loss, 2-10-13
230.09
Report 3 Balance Sheet, 2-10-13
107,254.83
Report 4 Unpaid Bills Detail, 2–10–13
Report 6 Customer Balance Detail
Report 7 Journal from 2-1-13 to 2-10-13