Aussiegirl Clothing supplies a small range of women’s surfwear to surf shops
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Aussiegirl Clothing supplies a small range of women’s surfwear to surf shops

Task 3

Assessment Instructions

You are required to complete the following task using MYOB AccountRight 2017.2.

You must complete all of the requirements below.

Procedure

Aussiegirl Clothing supplies a small range of women’s surfwear to surf shops and souvenir shops around Sydney. There are also a limited number of cash sales. For cash sales, the normal selling price is overridden with the cash price given.

All selling prices include GST and all prices on purchase invoices include GST. Default term for customers are that the balance is due in 30 days.

You will be required to enter transactions for July, enter details of new customers, vendors and inventory items and prepare reports. If an account that you need is not included, add it to the relevant section of the Accounts List.

Cash and cheques received are debited to Undeposited Funds until banked. All receipts and payments are by cheque unless otherwise noted.

Note: Next cheque number is 33021.

Task 3

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Hint
Accounts & FinanceUndeposited Funds is basically a holding account that tracks installments got from clients that poor person been stored to your ledger. Thinking in strict terms, this is your "work area." It's where checks live whenever they have been applied as installments, yet before they have been saved...

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