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Completing Quarterly Activities and Closing the Fiscal Year


SOFTWARE OBJECTIVES: In Chapter 10, you will use the software to:  

  1. Restore data from Chapter 9.
  2. Change accounting periods.
  3. Journalize and post transactions for November and December.
  4. Complete account reconciliation.
  5. Print a General Ledger Trial Balance (unadjusted).
  6. Journalize and post quarterly adjusting entries in the General Journal.
  7. Print financial statements.
  8. Close the fiscal year.
  9. Print a Post-Closing Trial Balance.
  10. Make eight backups: four backups of Jessica Wood Graphics data; one backup of Exercises 10-1; three backups of Exercise 10-2.

WEB OBJECTIVES: In Chapter 10, you will do these Internet activities:

  1. Use your Internet browser to go to the book's website at http://www.mhhe.com/yacht2005.
  2. Go to the Internet Activity link on the book's website. Then, select WEB EXERCISES PART 2. Complete the second web exercise in Part 2, Understanding Accounting Terms.
  3. Use a word processing program to write summaries of the websites that you visited.










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