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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 401 Weeks Ago, 1 Day Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Enter transactions: 1. owner contributes $6,00 cash 2. $2,000 in revenue on account 3. $1,500 cash from debtors 4. Rent expense cash $400 5. $300 in cash for salaries invested $2,500 in a certificate of deposit(terms - 12 months, rate of interest - 8%) Adjusted enteries at end of accounting period 7. Accrued salary expense $1,200 8. Accrued intest revenue on the CD Required: a. enter the preceeding data in peachtree and an online applications (Quickbooks Simple start free edition)After making enteries record effect of each event on the accounting equation for the accounting period. b. Prepare income statement of changes in equity, the baance sheet and the statement of cash flow for the physical year. What are the diffeerences found between Peachtree and Quickbooks. Discuss data entry, compare the reports the reports produced and indicate your preferance.
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