Accounting for the Twenty-First Century Classroom Workbook: An Integrated QuickBooks PerspectiveThe Accounting for the Twenty-First Century Classroom Workbook will demonstrate to teachers and their students how it enhances QuickBooks as a useful and productive tool in developing the necessary Accounting skills for business students. This self-guided, prescriptive and tutorial-based resource will reinforce and complement the Accounting fundamentals required by Accounting students in their community college and high school. The book is an excellent resource for those first-time entrepreneurs starting their small business. |
Contents
| 10 | |
| 13 | |
Step 11Sole Proprietorship Exercise General Journal Transactions | 76 |
Step 12 Source Document Tutorial Customer and Vendor Lists | 80 |
Case Two Partnership Workbook Objectives | 140 |
Accounting for the TwentyFirst Century Classroom Workbook | 142 |
Step 2 Bank Reconciliation Exercise MER Landscape Designers | 149 |
Step 3 Partnership Formation Lucy M Skyes and Son Bill | 152 |
Step 7 Partnership Lucy M Skyes and Son Bill New Transactions | 160 |
Accounting for the TwentyFirst Century Classroom Workbook | 186 |
Accounting for the TwentyFirst Century Classroom Workbook | 189 |
Step 1 Lucy M Skyes and Son Bill June Transactions | 193 |
Exercise | 224 |
Appendix 1 | 236 |
Sales Tax | 237 |
Reviewing an Invoice Sales Tax Applied | 240 |
Limited Life | 153 |
Coownership of Partnership Property | 154 |
Step 4 Partnership Lucy M Skyes and Son Bill Continued | 156 |
Step 5 Partnership Lucy M Skyes and Son Bill Division of Income Loss | 157 |
Step 6 Partnership Lucy M Skyes and Son Bill Beginning Transaction | 158 |
Remitting Sales Tax | 243 |
Appendix 2 | 245 |
Troubleshooting and Helpful Hints for QuickBooks | 258 |
Opening a Second QuickBooks File103F | 266 |
| 270 | |
Common terms and phrases
Account Number accounting transaction Accounts Receivable adjusting entry amount April April 15 Asset account backup Bank Loan bank reconciliation bank statement Bill Rittner Cash account Chart of Accounts checkbox choose Click OK Click Save Click the Save Close button column company file company’s Home Cost Current Asset Current Liability Depreciation DogPound Supplies drop-down menu earned Edit employees example Expense account Fixed Asset Folder FUTA GAAP icon Income Insulated Dog House Insurance inventory item Joe’s Used Car Journal Entries Journal transaction June ledger Leo Haney Leventhal Vet Services Lucy Max Rittner Mike Bridges need to create newly-created Note OK button option outstanding partner partnership Payable Payroll perform petty cash fund QuickBooks 2011 QuickBooks Alert QuickBooks permits Remember Report Revenue sales tax Save & Close screen opens Scroll Statement of Cash Terms of payment transaction is shown Trial Balance tutorial Type Type-Other Current