You can do this via journal entriesGo to Accountant Make Journal Entries Then after completing the journal entries go to Reports Financial Statements And print your Balance Sheet and Income Statement
Sunday, August 28, 2011
Can someone please help me with Peachtree Software and Quickbooks Online? -
I need step by step help with entering these transactions into Peachtree Accounting Software as well as Quickbooks online:Using the Peachtree Software and the Quickbooks online application, enter the following transactions for Kaiser.The transactions experienced in the year 2004 by Kaiser are: 1.The business was started when the owners contributed $8,000 in cash 2.For conducting services, Kaiser recognized $5,000 of revenue on account 3.Collected $2,300 cash from debtors 4.Paid $800 in cash for rent expense 5.Paid $500 in cash for salaries 6.On September 9, 2004, invested $5,500 in a certificate of deposit (term �C 12 months, rate of interest �C 8%) Adjusting entries at the end of the 2004 accounting period 7.Accrued salary expense amounting to $3,200 8.Accrued interest revenue on the CD Required: a.Enter the following data in the Quickbooks online application. After making these entries, record the effects of each event on the accounting equation for the 2004 accounting period. b.Prepare the income statement, the statement of changes in equity, the balance sheet, and the statement of cash flows for the 2004 fiscal year.
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