Chapter 2 PR 2-3A GL.
Please solve the following problem:
Company Banking General Ledger Purchases Sales Inventory Payroll Assets Reports Company Information ? - Company Setup X Company Information Classify Accounts Required Accounts Accounts Subtotals Company Name: Modem Designs Problem Name: Problem 02-03A Departments: None Type of Business Service Business Merchandising Business Merchandising Bus. with CGS Account Graphs Business Organization Sole Proprietorship O Partnership Equal Distribution O Partnership Unequal Distribution Corporation Income Statement O Report by Month and Year O Report by Fiscal Period Income Statement Expense Distribution Top Customers Computer Checks Accounts Payable Checks Balance Sheet Sales Features Fixed Assets Payroll Inventory Budgeting No Special Journals Save Close Company Banking General Ledger Purchases Sales Inventory Payroll Assets Reports Company Setup Classify Accounts ? - O Required Accounts ? - Ox From Account Required Account 11 Cash Cash Company Information Classify Accounts Required Accounts Accounts Subtotals 12 Accounts Receivable Accounts Receivable Accounts Payable Graphs Account Classification Assets Liabilities Capital Revenue Cost Expenses Other Revenue Other Expenses Corporate Income Tax 22 Accounts Payable 33 Dividends 31 Common Stock Income Summary Capital Income Statement Expense Distribution Top Customers Balance Sheet Drawing Sales From To Extended Classification Long-Term Assets Long-Term Liabilities Appropriations Save Auto Setup Close Save Close Account Range Subtotal Title From Save Add Delete Close Company Banking General Ledger Purchases Sales Inventory Payroll Assets Reports Cash Payments ? - 0 : Cash Receipts ? - Ox Tasks Cash Payments and Checks Cash Receipts Reconciliation Check #: 1 Date: 11/01/18 3 - Vendor: Select Vendor Amount: 0.00 Receipt #: 1 Date: 11/01/18 O Customer: Select Customer Amount: 0.00 Reports Account Distribution: Account Distribution: GL Account Amount GL Account Amount Cash Payments Journal Cash Receipts Journal Reconciliation Add Add Save Delete Clear Close Save Delete Clear Close Company Banking General Ledger Purchases Sales Inventory Payroll Assets Reports Tasks Reconciliation ? - Checkbook Balance: Bank Balance: Outstanding Deposits: Checks from the Journals: Cash Payments and Checks Cash Receipts Reconciliation Bank Credits: Bank Charges: Reports Cash Payments Journal Cash Receipts Journal Reconciliation Select Outstanding Checks: Remove Adj. Checkbook Balance: Adjusted Bank Balance: Save Clear Close Company Banking General Ledger Purchases Sales Inventory Payroll Assets Reports Tasks Accounts ? - x Vendors ? - x Maintain Accounts Account Vendor Name Maintain Vendors Maintain Customers General Journal Generate Closing Entries Account Lists Chart of Accounts Vendor List Customer List Account Title Cash Accounts Receivable Supplies Prepaid Insurance Equipment Truck Notes Payable Accounts Payable Common Stock Dividends Fees Earned Wages Expense Rent Expense Utilities Expense Truck Expense Miscellaneous Expense Add Vendor Delete Close Journal Reports General Journal Purchases Joum al Cash Payments Journal Sales Journal Cash Receipts Journal All Journals Customers ? - x Customer Name Add Account Deloto Pick List Close Ledger Reports Trial Balance General Ledger Schedule of Accounts Payable Accounts Payable Ledger Schedule of Accounts Receivable Accounts Receivable Ledger Add Customer Delete Close Company Banking General Ledger Purchases Sales Inventory Payroll Assets Reports Tasks A General Journal ? - Ox Credit Maintain Accounts Date Refer. Account Debit Maintain Vendors Maintain Customers General Journal Generate Closing Entries Account Lists Chart of Accounts Vendor List Customer List Journal Reports Click Add New Entry button to start Search Post Add New Entry Insert Deblt/Credit Delete Proof: Close General Journal Purchases Joumal Cash Payments Journal Sales Journal Cash Receipts Journal All Journals Ledger Reports Trial Balance General Ledger Schedule of Accounts Payable Accounts Payable Ledger Schedule of Accounts Receivable Accounts Receivable Ledger Company Banking General Ledger Purchases Sales Inventory Payroll Assets Reports Company Information ? - Company Setup X Company Information Classify Accounts Required Accounts Accounts Subtotals Company Name: Modem Designs Problem Name: Problem 02-03A Departments: None Type of Business Service Business Merchandising Business Merchandising Bus. with CGS Account Graphs Business Organization Sole Proprietorship O Partnership Equal Distribution O Partnership Unequal Distribution Corporation Income Statement O Report by Month and Year O Report by Fiscal Period Income Statement Expense Distribution Top Customers Computer Checks Accounts Payable Checks Balance Sheet Sales Features Fixed Assets Payroll Inventory Budgeting No Special Journals Save Close Company Banking General Ledger Purchases Sales Inventory Payroll Assets Reports Company Setup Classify Accounts ? - O Required Accounts ? - Ox From Account Required Account 11 Cash Cash Company Information Classify Accounts Required Accounts Accounts Subtotals 12 Accounts Receivable Accounts Receivable Accounts Payable Graphs Account Classification Assets Liabilities Capital Revenue Cost Expenses Other Revenue Other Expenses Corporate Income Tax 22 Accounts Payable 33 Dividends 31 Common Stock Income Summary Capital Income Statement Expense Distribution Top Customers Balance Sheet Drawing Sales From To Extended Classification Long-Term Assets Long-Term Liabilities Appropriations Save Auto Setup Close Save Close Account Range Subtotal Title From Save Add Delete Close Company Banking General Ledger Purchases Sales Inventory Payroll Assets Reports Cash Payments ? - 0 : Cash Receipts ? - Ox Tasks Cash Payments and Checks Cash Receipts Reconciliation Check #: 1 Date: 11/01/18 3 - Vendor: Select Vendor Amount: 0.00 Receipt #: 1 Date: 11/01/18 O Customer: Select Customer Amount: 0.00 Reports Account Distribution: Account Distribution: GL Account Amount GL Account Amount Cash Payments Journal Cash Receipts Journal Reconciliation Add Add Save Delete Clear Close Save Delete Clear Close Company Banking General Ledger Purchases Sales Inventory Payroll Assets Reports Tasks Reconciliation ? - Checkbook Balance: Bank Balance: Outstanding Deposits: Checks from the Journals: Cash Payments and Checks Cash Receipts Reconciliation Bank Credits: Bank Charges: Reports Cash Payments Journal Cash Receipts Journal Reconciliation Select Outstanding Checks: Remove Adj. Checkbook Balance: Adjusted Bank Balance: Save Clear Close Company Banking General Ledger Purchases Sales Inventory Payroll Assets Reports Tasks Accounts ? - x Vendors ? - x Maintain Accounts Account Vendor Name Maintain Vendors Maintain Customers General Journal Generate Closing Entries Account Lists Chart of Accounts Vendor List Customer List Account Title Cash Accounts Receivable Supplies Prepaid Insurance Equipment Truck Notes Payable Accounts Payable Common Stock Dividends Fees Earned Wages Expense Rent Expense Utilities Expense Truck Expense Miscellaneous Expense Add Vendor Delete Close Journal Reports General Journal Purchases Joum al Cash Payments Journal Sales Journal Cash Receipts Journal All Journals Customers ? - x Customer Name Add Account Deloto Pick List Close Ledger Reports Trial Balance General Ledger Schedule of Accounts Payable Accounts Payable Ledger Schedule of Accounts Receivable Accounts Receivable Ledger Add Customer Delete Close Company Banking General Ledger Purchases Sales Inventory Payroll Assets Reports Tasks A General Journal ? - Ox Credit Maintain Accounts Date Refer. Account Debit Maintain Vendors Maintain Customers General Journal Generate Closing Entries Account Lists Chart of Accounts Vendor List Customer List Journal Reports Click Add New Entry button to start Search Post Add New Entry Insert Deblt/Credit Delete Proof: Close General Journal Purchases Joumal Cash Payments Journal Sales Journal Cash Receipts Journal All Journals Ledger Reports Trial Balance General Ledger Schedule of Accounts Payable Accounts Payable Ledger Schedule of Accounts Receivable Accounts Receivable Ledger
