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IA8 problem 01- A Chapts Problem 1A The ollowing problem provides practice of the applications described in thi osi complete this problem, click Into, onm
IA8 problem 01-A
Chapts Problem 1A The ollowing problem provides practice of the applications described in thi osi complete this problem, click Into, onm the toolbar for helpful check figures to andit your work asmove the Audit Test questions 1 A at the end of this problem and fill in the answers as you work through the f Step 2: Start Integroted Accounting 8e step 3: Open and load file IA8 Problem 01.A step 4: Enter your name in the User Name dialog box Choose Save As and save the file to your disk or folder with a step file name of 01-A Your Name. Access the Help system to obtain information about using the Web browser to search the Internet. Step Use the on-screen calculator to multiply S6,S89.00 by 390. Step 7: Calculate the annual cost of college based on savings using the College Planner. With the Annual College Costs option set on, enter the following data, and then display the schedule of college savings and payments reports. Beginning College Saving Annual Yield (Percent). Years until College. Number of Years of College .. $2,500.00 3.75 4 $3,000.00 Open the Accounting Drills window by clicking Drills on the toolbar; then select the Accounting Equation tab Step 9: Sept. 01 Received cash from owner as an investment, $10,000.00 02 03 04 05 06 06 Paid cash for supplies, $350.00. Paid cash for insurance, $495.00. Paid cash for advertising, $650.00. Bought supplies on account, $1,200.00. Owner withdrew cash for personal use, $1,100.00. Paid cash on account, $900.00 Step 10: Display the accounting equation report. Step 11: Click Check on the toolbar to check your work. Step 12 Use the Classify Accounts tab in the Ace seep in the normal to ldentily the account classification, n and debit or credit incre accounts: oll debit or credit increase for each of the foacco Cash David Lopez, Capital Prepaid Insurance Legal Expense Miscellaneous Expense Accounts Payable 13: Display the classify accounts report. 14: Use the Explore Accounting System to display the S the Supplies account activity and current balance. Save the data file. If you have access to the Internet, use the browser to find information about careers in the accounting field. Hint: Use a search string of accou careers to narrow your search. Select one of the careers and report your findings. Be sure to include the source and the URL (Web address) of your search d the Integrated Accounting 8e session you are using this product as a distance or online course, and your in provided you mail for electronic checking. Simply create an e-mail addr ntifying yourself and this Your Name). Your instructor will electronically cher a report of the results. As an altern y button of the cho his or her e-mail address, you may attach your solution class, and attach your completed solution fleStep by Step Solution
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