Refer to Exercise 1-1b to unzip the 03 C3A-1 Wheelchairs.exe file.
Open the C3A-1 Wheelchairs file and enter the following Accounts Payable transactions:
At 1 Issued Purchase Order 481 to Your Name Chairs (your name must appear) for a new model wheelchair, code WC.CP 3, at $1,500 each, plus HST. Ship date is Mar 4. Other information: 156 Octavia Street, Belleville, Ontario, K8P 1H3. Phone and fax numbers may be left blank. Terms are 2%, 10 days, net 30 days. Calculate discounts before tax.
Mar 1 Issued $2,250.00 plus HST cheque to Gordon Mall Management for lease rent for March.
Mar 4 Received 7 wheelchairs, code WC-CP.3, from Your Name Chairs from PO 481. Invoice #4568 received. The other chair is backordered and should be delivered by Mar 25.
Mar 5 Returned 1 wheelchair from PO 481, as there is a crack in the frame. Credit note CN-56 received by tax.
Mar 6 Purchased and received from The Paper Place 2 boxes of invoices that will be used during the year. Invoice $2256 received for $300, plus HST. Terms (2)/(10), net 30.
Mar 7 We discovered that % of the invoices (value $375.00) received on invoice 122256 were printed without logos. The Paper Place manager agreed to an allowance (2256A) of $75.00, plus HST, which can be used to reduce the cost of the current order.
Mar 13 Received Belleville Hydro bill #1565-3 for $112.00, plus HST. Service bill dated Mar 12, and payment date is Mar 27.
Mar 14 Issued next cheque to Your Name Chairs for amount owing, less the return: $120.00, plus HST. Terms 2/10, net 30.
Mar 20 Received a bank debit memo, dated today, regarding the loan payment of $400.00, which includes $67.00 of interest.
When you have recorded the above entries, print the following:
a) Vendor Aged Detail, all vendors, with limits at Mar 20.
PAYABLES Module Basics p. 201.
