Creating the band

An accounting simulation for Peachtree, Quickbooks, and Microsoft Excel

Beth Kane - Collection South-western

88 pages, parution le 03/03/2005

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Résumé

Give your students real-world experience keeping accounting records for a small business using commercial accounting software with Creating the Band. In this high-interest simulation, students work as an accountant for CTB, a musical group whose members have formed a business partnership.

Working as the accountant for CTB, students will record transactions using common business documents such as checks and invoices as sources of information. As this is a new business, students record transactions related to forming a company, including the initial capital investment of each partner. As the band becomes popular, music CDs are sold, and income is recognized for live performances, students record sales transactions, as well as adjusting entries for merchandise.

Other transactions involve the routine operation of the business, such as:

Checks are written to pay for rent, utilities, and other expenses
Depreciation is recorded on office equipment and furniture
Payroll is calculated and checks issued to employees
Owners' withdrawals are recorded.

Transactions in the simulation span an entire year. Therefore, students will complete the end-of-fiscal-period work, INCLUDING adjusting and closing entries. Financial statements are also prepared.

Using your choice of Peachtree, QuickBooks, or Microsoft Excel, your students can gain real-world experience keeping accounting records for a small business using commercial accounting software with Creating the Band.

Sommaire

Preface
- Organization of the Student Text
- Software and Data Files
- Instructor's Materials
Introduction
- Organization of the Text
- Software and Data Files
- Company Background
Transactions
- Instructions for Peachtree Users
- Copying the Data Folder
- Using Peachtree to Record Transactions
- Instructions for QuickBooks Pro 2004 Users
- Copying the Data File
- Using QuickBooks Pro to Record Transactions
- Instructions for Excel Users
- Copying the Data File
- Using the CTB Worksheets
- Chart of Accounts
- January Transactions
- February Transactions
- March Transactions
- April Transactions
- June Transactions
- July Transactions
- August Transactions
- September Transactions
- October Transactions
- November Transactions
- December Transactions
- Check Figures
- Deposit Tickets

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Caractéristiques techniques

	PAPIER
Éditeur(s)	Thomson
Auteur(s)	Beth Kane
Collection	South-western
Parution	03/03/2005
Nb. de pages	88
Format	21,5x 27,5
Couverture	Broché
Poids	244g
Intérieur	2 couleurs
EAN13	9780538441506