Go to home, then select chart of accounts, and then select opening equity and title equity as EQUITY. Deposit $150,000 to...

jpc783

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
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