ACC 250 Week 7 Assignment Time and Billing

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Description

Exercise 8-1

  1. Stone Arbor Landscaping's standard hourly billing rate for installing hardscape

for commercial customers is:

  1. The tax status for installing hardscape for commercial customers is: Regular

  2. The general ledger account used for hardscape commercial is: Account No.

40000-HS Sales-Hardware

  1. The item identification for installing hardscape for commercial customer is:

INSTL HARD-COMM

The information for questions 1-4 was found by clicking on the Inventory & Services tab;

Inventory Items, view and edit inventory items. Then I double clicked on INSTL HARDCOMM.

By doing this the maintain inventory items screen appears which will give you

the billing rate, tax status, G/L account, and the item identification.

The importance of knowing where to find this...

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