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ACC/306 ACC306 ACC 306 WEEK 7 DISCUSSION

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ACC 306 WEEK 7 DISCUSSION Week 7 Discussion “Managing Customers and Vendors in QuickBooks” Please respond to the following: • Explain the reasons for Step 3, 4, and 5 in Project 4, Larry’s Landscaping. What are the underlying events that require the entries for these 3 steps? Why is the amount of the payment not shown in Step 3? What is the locale indicated for the sales tax? Use these questions and your knowledge to discuss these 3 steps. Be sure you’ve shown your understanding. For example, saying you entered sales receipts for Step 3 is NOT an explantion.

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