MYOB v19 Assignment: Intermaweb Computer - Inventory, Receivables

This assignment focuses on analyzing Intermaweb Computer's financial data using MYOB AccountRight. It requires generating and interpreting three key reports: the Items List [Summary] report to determine the value of inventory, the Aged Receivables [Summary] report to assess customer balances, and the Aged Payables [Summary] report to understand supplier obligations. The solution provides the values for inventory items like BlueBerry phones, DK800 desktop computers, NR759 video recorders, and Swish Phones. It also details the amounts due from customers such as Pikea, Radio Hut, and Turbo Tech, as well as the amounts owed to suppliers like JCN Electrical, Moon Megasystems, and Pony. This comprehensive analysis provides a snapshot of Intermaweb Computer's financial standing regarding inventory, receivables, and payables as of January 31, 2017.

10/9/2017 Inventory, receivables and payables
https://www.perdisco.com/elms/qsam/html/qsam.aspx 1/3
1.
•
•
•
2.
83240
•
•
•
•
•
•
•
Completed: 93% (approximately)
Remaining pages: up to 0.75 hours
Time frames are only a guide. You may take
more or less time to complete each page.
Your grading outcome (still in progess)
Awarded
Points
Total
Points
Prior to this page 326 350
On this page 23 23
After this page 0 36
Total 349 409
MYOB Learning Centre
MYOB Learning Centre
Quick reference guide
Information from previous pages
Welcome page
Academic honesty
General instructions
MYOB AccountRight Practice Set
Australian Edition 3, Updated for MYOB v19
Feedback: Inventory, receivables and payables
This is a feedback page. Please review this page carefully. It includes the original questions along with grading of your
responses and detailed feedback. After you have reviewed this feedback page, click Continue at the bottom of this page
for the next page of your practice set.
Now that you have prepared the adjusted trial balance for
Intermaweb Computer, Leonardo asks you to provide the values of
inventory items on hand, and the current balances of each customer
and supplier account.
Instructions
Use MYOB to print the following reports for Intermaweb
Computer as of 31 January 2017:
Items List [Summary] report - include line items with zero
quantities
Aged Receivables [Summary] report - include line items
with zero balances
Aged Payables [Summary] report - include all zero balances
Transcribe your results into the reports provided below. Note
that if MYOB displays a negative sign in front of a number, you
must display that amount as a negative number. Additionally, if
MYOB presents numbers in brackets, you must enter those
numbers as negative numbers.
Items List [Summary] report
The report below shows the value of all items that are currently in
stock as of 31 January 2017:
Intermaweb Computer
Items List [Summary]
31/01/2017
Item Name Total Value ($)
BlueBerry phones 4560
DK800 desktop computers 29200
NR759 video recorders 31980
Swish Phones 17500
Total
Bookmark Previous pages Completed By: CarolineAye17 Bookmark Status: Saved

10/9/2017 Inventory, receivables and payables
https://www.perdisco.com/elms/qsam/html/qsam.aspx 2/3
66695
•
•
•
•
•
•
•
•
•
•
•
Navigating your practice set
Accounting policies and procedures
Creating the company file
Setup information
Spend money (first transaction)
Transactions list (to January 31)
Bank reconciliation information
Reconciliation report
Trial balance (pre adjustments)
Adjusting entries information
Adjusted trial balance
Feedback
Intermaweb Computer
Items List [Summary] Report
31/01/2017
Item Name Total Value ($)
BlueBerry phones 4,560
DK800 desktop computers 29,200
NR759 video recorders 31,980
Swish Phones 17,500
Total 83,240
Aged Receivables [Summary] report
The Aged Receivables [Summary] report for Intermaweb Computer as of 31 January 2017 is shown below:
Intermaweb Computer
Aged Receivables [Summary]
31/01/2017
Name Total Due ($)
Pikea 10023
Radio Hut 17237
Turbo Tech 39435
Total
Feedback
Intermaweb Computer
Aged Receivables [Summary]
31/01/2017
Name Total Due ($)
Pikea 10,023

10/9/2017 Inventory, receivables and payables
https://www.perdisco.com/elms/qsam/html/qsam.aspx 3/3
45398
Radio Hut 17,237
Turbo Tech 39,435
Total 66,695
Aged Payables [Summary] report
The Aged Payables [Summary] report for Intermaweb Computer as of 31 January 2017 is shown below:
Intermaweb Computer
Aged Payables [Summary]
31/01/2017
Name Total Due ($)
JCN Electrical 0
Moon Megasystems 20054
Pony 25344
Total
Feedback
Intermaweb Computer
Aged Payables [Summary]
31/01/2017
Name Total Due ($)
JCN Electrical 0
Moon Megasystems 20,054
Pony 25,344
Total 45,398
MYOB AccountRight Practice Set, Australian Edition 3, Updated for MYOB v19 (VMA3t.19)
© 2010 - 2017 Perdisco / latin /. v., learn thoroughly
www.perdisco.com/au | Terms Of Use | Privacy Policy | Monday, October 09, 2017, 11:02
Continue