Also, the text asks you to print many reports. This is not necessary. You only need to turn-in the reports listed below.

IMPORTANT: Pay careful attention to instructions that tell you to change accounting periods.

REMEMBER: You must turn-in a back-up of your work as of Dec. 31 before you complete the year-end closing process. 

RESTORING YOUR WORK once you leave class. Peachtree requires that you first open a company before you restore it. However, since "Susan Walsh" will not be found on a new computer, you should quickly go through the new company set-up process. On the company information screen, just enter your name. Then, once this new company is running, restore your backed up files. You will then be at the same place where you left off.

Chapter 9

• Remember that when setting up the company (see text, page 249), the name Susan Walsh should be changed to your name.
• Also, on the Maintain Company Information screen, check the Use Audit Trail box found near the bottom. Click OK when the warning message comes up about using audit trails without password security.
• Complete all activities described in Chapter 9, pp. 247 to 296. However, you do not need to print every report. Only print the reports shown below in red.

   

• Throughout the chapter, you are given many instructions for printing reports. Only turn-in the following reports from Chapter 9.
  • 1. Oct. 31 balance sheet after posting Oct activities. (p. 294)
  • 2 Oct. 31 income statement (p. 295)

Chapter 10

• Complete all activities described in Chapter 10, pp. 307 to 337, item 12.
• Remember to change accounting periods when posting in November and December.
• Make two back-ups of your December 31 data before closing out the year (p. 341). Keep one copy for yourself. Turn in the other copy to me with your work.
• After making your December 31 backups, close out the year (p. 342).
• Print the post closing trial balance (p. 345)

• Throughout the chapter, you have read many instructions for printing reports. You only need to turn-in the following reports from Chapter 10.
  • 3. Nov. 30 bank account reconciliation (p. 312)
  • 4. Nov. 30 balance sheet (p. 315)
  • 5. Nov. 30 income statement (p. 316)
  • 6. Dec. 31 bank account reconciliation (p. 320)
  • 7. Dec. 31 general journal entries report (p. 328)
  • 8. Dec. 31 adjusting journal entries (p. 334)
  • 9. Dec. 31 balance sheet (p. 336)
  • 10. Dec. 31 income statement (p. 337)
  • 11. Jan 31 post closing trial balance (p. 345)

Due on Feb 13 at start of class:

• 11 printed reports listed above. Please arrange them in the order shown above.
• Copy of backup disk  for "Susan Walsh" as of Dec. 31 before you close the fiscal year. Write your name on the disk label.