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Problem 20-8 QuickBooks Guide PDF

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12 views1 page

Problem 20-8 QuickBooks Guide PDF

Uploaded by

Joseph Salido
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Name Date Class

QuickBooks Guide
Step-by-Step Instructions
Problem 20-8 Preparing Adjusting and Closing Entries
INSTRUCTIONS
Begin a Session
Step 1 Restore the Problem [Link] file.
Work the Accounting Problem
Step 2 Review the information in your textbook.
Step 3 Print a Trial Balance and use it to prepare the adjustments.
Step 4 Record the adjusting entries.
Prepare a Report and Proof Your Work
Step 5 Print a Journal report. Filter the adjusting entries and proof
your work.

QuickBooks Guide
Step 6 Close the fiscal year.
Step 7 Print a Post-Closing Trial Balance.
Analyze Your Work
Step 8 Complete the Analyze activity.
End the Session
Step 9 It is recommended that you back up your work for this session.

Can you manually close the temporary account for


the fiscal year? Explain your answer on a separate
sheet of paper.
Copyright © McGraw-Hill Education. All rights reserved.

Chapter 20 ■ 1

TE Answers
35_Problem 20-8 QuickBooks [Link] 1 7/24/15 9:43 AM

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