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Completing Quarterly Activities and Closing the Fiscal Year SOFTWARE OBJECTIVES: In Chapter 10, you will use the software
to:
Restore data from Chapter 9. Change accounting periods. Journalize and post transactions for November and December. Complete account reconciliation. Print a General Ledger Trial Balance (unadjusted). Journalize and post quarterly adjusting entries in the General Journal. Print financial statements. Close the fiscal year. Print a Post-Closing Trial Balance. 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:
Use your Internet browser to go to the book's website at http://www.mhhe.com/yacht2005 . 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. Use a word processing program to write summaries of the websites that you visited.