Quickbooks Pro 2002 for Accounting

by Owen,Glenn

• ISBN13: 9780324187755
• ISBN10: 0324187750
• Edition: CD
• Format: Paperback
• Copyright: 2002-11-07
• Publisher: Cengage Learning

Summary

This is the first book of its kind to provide a self-paced environment where students use a commercially available software product to analyze, interpret, and investigate accounting information to make business decisions. This textbook will help students learn fundamental accounting concepts and principles through the use of QuickBooks and the analysis of business events.

Table of Contents

Preface	ix
Note to Student and Instructor	xiv
Getting Started with QuickBooks	1	(1)
Session 1 An Interactive Tour of QuickBooks	2	(27)
Case: Rock Castle Construction Company	2	(1)
Using This Text Effectively	3	(1)
Your Student Disk	3	(1)
What Is QuickBooks?	4	(1)
Lists	5	(1)
Forms	6	(1)
Registers	7	(1)
Reports and Graphs	7	(2)
Launching QuickBooks	9	(1)
Opening a QuickBooks File	10	(2)
The QuickBooks Window	12	(1)
Saving and Closing a QuickBooks File	13	(1)
Correcting Mistakes: The Backspace Key, the Undo Command, and the Revert Command	14	(2)
QuickBooks's Menus and Shortcut List	16	(1)
Using QuickBooks to Make Business Decisions: An Example at Rock Castle	17	(3)
Printing in QuickBooks	20	(1)
Using QuickBooks Help	20	(2)
How Do I Buttons	22	(1)
QuickBooks Business Resources Online Service	23	(1)
The QuickBooks Navigator	23	(2)
Exiting QuickBooks	25	(1)
End Note	25	(1)
Session 1 Practice	26	(1)
Questions	26	(1)
Assignments	26	(1)
Case Problems	27	(2)
Session 2 Preparing a Balance Sheet Using QuickBooks	29	(15)
Case: Rock Castle Construction Company	29	(1)
Creating a Balance Sheet	29	(2)
Creating a Comparative Balance Sheet	31	(1)
Creating a Summary Balance Sheet	32	(1)
Investigating the Balance Sheet Using QuickZoom	33	(2)
Modifying Balance Sheet Reports	35	(2)
Creating a Balance Sheet as of a Specific Date	37	(2)
Printing the Balance Sheet	39	(2)
Session 2 Practice	41	(1)
Questions	41	(1)
Assignments	41	(2)
Case Problem	43	(1)
Session 3 Preparing an Income Statement Using QuickBooks	44	(19)
Case: Rock Castle Construction Company	44	(1)
Date Formats	44	(1)
Creating an Income Statement	45	(1)
Creating an Income Statement for a Specified Period	46	(2)
Creating a Comparative Income Statement	48	(2)
Using QuickZoom with the Income Statement	50	(1)
Modifying the Income Statement Report	51	(4)
Printing the Income Statement	55	(5)
Session 3 Practice	60	(1)
Questions	60	(1)
Assignments	60	(1)
Case Problem	61	(2)
Session 4 Preparing a Statement of Cash Flows Using QuickBooks	63	(8)
Case: Rock Castle Construction Company	63	(1)
Creating a Statement of Cash Flows	63	(4)
Using QuickZoom with the Statement of Cash Flows	67	(1)
Formatting and Printing the Statement of Cash Flows	67	(2)
Session 4 Practice	69	(1)
Questions	69	(1)
Assignments	69	(1)
Case Problem	70	(1)
Session 5 Creating Supporting Reports to Help Make Business Decisions	71	(158)
Case: Rock Castle Construction Company	71	(1)
Creating and Printing an Accounts Receivable Aging Report	71	(4)
Creating and Printing a Customer Balance Summary	75	(1)
Creating and Printing an Inventory Valuation Summary Report	76	(2)
Creating, Printing, and Analyzing an Accounts Payable Aging Report	78	(3)
Creating and Printing a Vendor Balance Summary	81	(1)
End Note	81	(1)
Session 5 Practice	82	(1)
Questions	82	(1)
Assignments	82	(2)
Case Problem	84	(1)
Setting Up Your Business's Accounting System	85	(32)
Case: Phoenix Systems Consulting, Inc.	86	(1)
Creating a New Company File	86	(8)
Setting Up Company Lists	94	(1)
Customer List	94	(1)
Vendor List	95	(1)
Employee List	96	(4)
Chart of Accounts	100	(1)
Item List	101	(2)
A Word about the EasyStep Interview	103	(1)
End Note	104	(1)
Chapter 2 Practice	105	(1)
Questions	105	(1)
Assignments	105	(6)
Case Problem 1	111	(2)
Case Problem 2	113	(4)
Cash-Oriented Business Activities	117	(28)
Case: Phoenix Systems Consulting, Inc.	118	(1)
Recording Cash-Oriented Financing Activities	118	(2)
Recording Cash-Oriented Investing Activities	120	(4)
Recording Cash-Oriented Operating Activities	124	(10)
End Note	134	(1)
Chapter 3 Practice	135	(1)
Questions	135	(1)
Assignment	135	(4)
Case Problem 1	139	(3)
Case Problem 2	142	(3)
Additional Business Activities	145	(22)
Case: Phoenix Systems Consulting, Inc.	146	(1)
Recording Additional Financing Activities	146	(2)
Recording Additional Investing Activities	148	(1)
Recording Additional Operating Activities	149	(8)
Recording Non-Cash Investing and Financing Activities	157	(1)
End Note	158	(1)
Chapter 4 Practice	159	(1)
Questions	159	(1)
Assignments	159	(3)
Case Problem 1	162	(2)
Case Problem 2	164	(3)
Adjusting Entries	167	(16)
Case: Phoenix Systems Consulting, Inc.	168	(1)
Accruing Expenses	168	(1)
Accruing Revenue	169	(1)
Recording the Expiration of Assets and Their Related Expenses	170	(3)
Adjusting Unearned Revenue	173	(2)
Bank Reconciliation	175	(3)
End Note	178	(1)
Chapter 5 Practice	178	(1)
Questions	178	(1)
Assignments	178	(2)
Case Problem 1	180	(1)
Case Problem 2	181	(2)
Budgeting	183	(20)
Case: Phoenix Systems Consulting, Inc.	184	(1)
Budgets for Specific Revenues	184	(3)
Budgets for Specific Expenses	187	(3)
Budget for Assets, Liabilities, and Owners' Equity	190	(6)
End Note	196	(2)
Chapter 6 Practice	198	(1)
Questions	198	(1)
Assignments	198	(2)
Case Problem 1	200	(1)
Case Problem 2	201	(2)
Reporting Business Activities	203	(26)
Case: Phoenix Systems Consulting, Inc.	204	(1)
Creating Income Statements	204	(4)
Creating Balance Sheets	208	(4)
Creating Graphs	212	(5)
Creating Additional Reports	217	(3)
Exporting Reports to Microsoft Excel	220	(4)
End Note	224	(1)
Chapter 7 Practice	225	(1)
Questions	225	(1)
Assignments	225	(1)
Case Problem 1	226	(1)
Case Problem 2	227	(2)
Appendix Debits and Credits	229	(10)
Case: Phoenix Systems Consulting, Inc.	230	(1)
Trial Balance	230	(2)
General Ledger	232	(2)
Journalizing an Adjustment	234	(1)
End Note	235	(1)
Appendix Practice	236	(1)
Questions	236	(1)
Assignments	236	(1)
Case Problem 1	237	(1)
Case Problem 2	237	(2)
Index	239