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Using QuickBooks® with Glencoe Accounting

QuickBooks Pro® and QuickBooks® are registered trademarks of Intuit, Inc. in the United States and other countries. All other brands and products are the trademarks or registered trademarks of their respective holders and should be treated as such. Using QuickBooks® with Glencoe Accounting has not been reviewed, approved, or endorsed by Intuit, and Intuit expressly disclaims any responsibility for its content.


Tour of Features and Components

QuickBooks® Pro 2001 software may be used with Glencoe Accounting ready-to-use template files for selected end-of-chapter problems and mini practice sets. This full-featured accounting package includes an integrated general ledger, accounts payable, accounts receivable, payroll, and inventory systems.

Scroll through the complete tour below.


System Requirements

You must have QuickBooks Pro® 2001 software installed and running on your computer. If you have later versions of QuickBooks Pro, QuickBooks will prompt you to convert the template files to your current version.

Problem Sets
QuickBooks problem sets allow students to work on tasks specific to each problem without having to do a lot of repetitive preliminary setup work. Each problem is presented in a ready-to-work state. Problem sets are available on the CD-ROM found in the back of the booklet, Using QuickBooks® with Glencoe Accounting.


Scope and Sequence (First-Year Course)

Problems 6-4, 6-5

Students use the General Journal to key transactions.

 

Problem 7-5

Students post general journal transactions.

Problem 7-6

Students print a trial balance.

Problem 7-7 Students journalize and post business transactions.

 

Mini Practice Set 1:
Canyon.com Web Sites

 

Students enter and post general journal transactions, print a general ledger posting report, and print a trial balance.

Problems 8-5, 8-6

Students print a trial balance.
Problems 9-6, 9-7

 

Students print an income statement and a balance sheet.
Problem 10-8 Students enter closing entries, print a journal of closing entries, and print a trial balance.

 

Problem 10-9

Students print a trial balance, an income statement, and a balance sheet. They enter closing entries and then print a post-closing trial balance.

 

Mini Practice Set 2:
Fast Track Tutoring Service

Students set up accounts, customers, and creditors. They key transactions using the general journal, print financial statements, perform the closing process, and reconcile the bank account.

 

Problems 13-8, 13-9

Students journalize and post entries for the payroll.

 

Problems 14-5, 14-7

Students record sales and cash receipts transactions.

 

Problems 15-7, 15-8 Students record purchases and cash payments transactions.

 

Problem 16-5 Students record and post cash receipts transactions. They print a journal report, general ledger report, and customer balance summary.

Problem 16-6 Students record and post cash receipts and sales transactions. They print a journal report, a general ledger report, and a customer balance summary

 

Problem 17-5 Students record purchases transactions and print a journal report and a vendor balance summary report.

Problem 17-8 Students record and post purchases and cash payments transactions.

 

Problems 18-7, 18-8 Students print a trial balance and enter adjusting entries.

 

Problem 19-5 Students print an income statement and a balance sheet.

Problem 19-8 Students print a trial balance, key adjusting entries, and print financial statements.

 

Mini Practice Set 4:
In-Touch Electronics
Students record sales, purchases, cash receipts, and cash payments. They print journal reports and financial statements.

 

Problem 20-5 Students key closing entries, print a journal report, and print a trial balance.

Problem 20-8 Students key adjusting entries, print a trial balance, print financial statements, key closing entries, and print journal reports.

 

Problems 21-6, 21-9 Students record stock transactions and print journal reports.

 

Problems 22-6, 22-7 Students record the petty cash transactions and print journal reports.

 

Problems 23-8, 23-10 Students record depreciation adjustments, print journal reports, and print financial statements.

 

Problems 24-4, 24-6 Students record uncollectible accounts receivable transactions and print journal reports and accounts receivable aging summaries.

 

Problems 25-4, 25-8 Students record inventory purchases and sales transactions and print inventory valuation detail reports.

 

Problems 26-6, 26-10 Students record notes payable and notes receivable transactions and print journal reports.

 

Mini Practice Set 5:
Kite Loft, Inc.

 

Students complete the accounting cycle for a merchandising corporation.

Problems 27-7, 27-8 Students record partnership transactions and print journal reports.

 

Problems 28-6, 28-8 Students record partnership transactions and print journal reports.

 

Mini Practice Set 6:
Fine Finishes

 

Students complete the accounting cycle for a partnership.

 

The booklet Using QuickBooks® with Glencoe Accounting contains:

  • Template files on CD-ROM
  • Installation instructions
  • Tutorials
  • Step-by-step instructions for appropriate Glencoe Accounting problems
  • Solutions




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