Resources QuickBooks® Online Assignment SupplementaryMater.
Resources: QuickBooks® Online Assignment SupplementaryMaterial, and Ch. 3 -Transactions and Trial Balance PresentationAccess QuickBooks® OnlineUsing the QuickBooks® Online Assignment SupplementaryMaterial and the Ch. 3 -Transactions and Trial Balance Presentation, createthe following 10 transactions for Sierra Corporation.Part 14 deposits received:10/1/2013-$10,000 deposit in exchange for $10,000 worthof common stock.10/1/2013-$5,000 deposit in exchange for a notepayable.10/2/2013-$1,200 deposit for unearned service revenue(cash advance) from client R Knox.10/3/2013-$10,000 deposit for service revenue earned.5 checks written:10/2/2013-$5,000 check written to Superior EquipmentSales for Equipment10/3/2013-$900 check written to landlord for monthlyrent10/4/2013-$600 check written to insurance company forprepaid insurance10/20/2013-$500 check written to shareholders fordividends10/26/2013-$4,000 check written to employees forsalaries1 journal entry made:10/5/2013-Purchase supplies (debit supplies) on account(credit accounts payable) for $2,500.Part 2Using the input from Part 1, create a Trial Balance:Select ‘Reports’ from the menu alongthe left-hand side.In the Go to reports search-box, type TrialBalance.Select Trial Balance from the suggestionsdrop-down.Input directly or select the dates to run thereport. These dates should correspond to the Sierra Corporation datayou input.Select the Excel tab at the top left of yourscreen to export this information into an Microsoft® Excel®document.