I’m trying to learn for my Accounting class and I’m stuck. Can you help?
Option #1: Practice in QuickBooks™: The Case of Sam’s Company
QuickBooks software is required for this assignment.
Go to Home page, select the widget to the direct top right of the word ‘help’ and select on the left side ‘settings’, then company setting.
For each edit, hit the pen picture on the right hand side of each section. Enter the company name, Sam’s Company (option 1)
TIPS:
In the home page, go to the top right hand corner, to the right of the name of the company, click the gear symbol, which is the main link for everything you need for changes.
Input is on the left-hand side of the home page with links to customers, vendors, and transactions
For doing the journal entries below: Go to top panel, in the middle of the top of the screen, where there is a plus sign (+) and select journal entries found in the other section.
It is up to you to create the correct accounts, with the proper journal entries.
Important to remember:
Do not forget to click on ‘save and new’ after you input and file.
Backup your company information many times as you work. To do this, click the button at the bottom of each screen called: save and new