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Lecture Computer accounting with quickbooks online: A cloud-based approach - Chapter 3: Beginning balances and october transaction register

This chapter includes contents: Start quickbooks online and sign in to cloud_ware student name (your first and last name); enter the owners investment in the business; use a transaction register to write checks; record cash sales and complete a transfer of funds; display the bank register, journal, trial balance, balance sheet, income statement, and audit log;. | Chapter 3 Beginning Balances and October Transaction Register Copyright ©2017 by McGraw-Hill Education. All rights reserved. 1 of 11 1 Copyright ©2017 by McGraw-Hill Education. All rights reserved Copyright ©2017 by McGraw-Hill Education. All rights reserved. Chapter 3 In Chapter 3, the owner invests cash and computer equipment in the business. The owner’s investment is recorded in the General Journal. Once that is completed, students use a transaction register to issue checks, ATMs, and make deposits. October is the month that Cloud_Ware Student Name is started. 2 of 11 2 Copyright ©2017 by McGraw-Hill Education. All rights reserved Copyright ©2017 by McGraw-Hill Education. All rights reserved. QBO Tips Each time QBO is started, type your User ID and Password. The are three ways for instructors to see student work: Students email the instructor their User ID and Password, and set up a time to receive the emailed Confirmation code. Students set up their instructor as the Company . | Chapter 3 Beginning Balances and October Transaction Register Copyright ©2017 by McGraw-Hill Education. All rights reserved. 1 of 11 1 Copyright ©2017 by McGraw-Hill Education. All rights reserved Copyright ©2017 by McGraw-Hill Education. All rights reserved. Chapter 3 In Chapter 3, the owner invests cash and computer equipment in the business. The owner’s investment is recorded in the General Journal. Once that is completed, students use a transaction register to issue checks, ATMs, and make deposits. October is the month that Cloud_Ware Student Name is started. 2 of 11 2 Copyright ©2017 by McGraw-Hill Education. All rights reserved Copyright ©2017 by McGraw-Hill Education. All rights reserved. QBO Tips Each time QBO is started, type your User ID and Password. The are three ways for instructors to see student work: Students email the instructor their User ID and Password, and set up a time to receive the emailed Confirmation code. Students set up their instructor as the Company Administrator. Students set up their instructor as the Accountant (Invite Accountant feature). QuickBooks Online updates automatically. When you sign in, the latest version of the software is being used. Software updates improve QBO’s features and functions. Some screen images may change but differences are minor. Regularly check the OLC’s text updates link at www.mhhe.com/QBO. 3 of 11 3 Copyright ©2017 by McGraw-Hill Education. All rights reserved Copyright ©2017 by McGraw-Hill Education. All rights reserved. Files Saved in Chapter 3 The chart below shows the Excel files saved in Chapter 3. Files can be saved to a USB flash drive, hard-drive location, network, or external media. To identify your file, you could add your name at the end of the suggested file name. PDF & Excel Page Chapter 3_Oct 1 to Oct 17_Journal 82 Chapter 3_Oct 1 to Oct 17_Trial Balance 83 Chapter 3_Oct 1-17_Profit & Loss 84 Chapter 3_Oct 1-17_Balance Sheet 86 Exercise 3-2_October Journal 91 Exercise 3-2_October .