Go to home, then select chart of accounts, and then select opening equity and title equity as EQUITY. Deposit $150,000 to...
Go to home, then select chart of accounts, and then select opening equity and title equity as EQUITY.
Deposit $150,000 to the CDE Bank Account (Quick add: Other).
Select "Banking Section" from the icons on the screen (i.e., Vendors, Customers, Employees, Company, and Bank). All five transactions that follow will be completed in the CDE Bank Account in this section.
For 1/3/2015:
Select "write a check" and a picture of a check will appear.
On check, write:
Pay-to-the-order-of: Weiss
In memo, write:
For purchase of plant and equipment
Account is Furniture and Equipment.
For 1/10/2015:
Select record a deposit of $40,000 from ABC Bank (Quick add: Other).
Account is Consulting Income.
In memo, write:
Work completed on 1/10/15
For 1/20/2015:
Select write a check and a picture of a check will appear.
On check, write:
Pay-to-the-order-of: Wansi
In memo, write:
For purchase of office supplies
Account is Supplies.
For 1/31/2015:
Record a deposit of $120,000 from Bill (Quick add: Customer).
Account is Consulting Income.
In memo, write:
Work completed on 1/31/2015
For 1/31/2015:
Select "write a check" and a picture of a check will appear.
On check, write:
Pay-to-the-order-of: #1 Employee
In memo, write:
Payroll expense for month of January, 2015
Account is Payroll Expense.
Instructions
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12 years ago 10