Student Guided Essay

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Student Guide for Carol Yacht’s General Ledger Software

for use with Fundamental Accounting Principles, 20e
John J. Wild University of Wisconsin at Madison Ken W. Shaw University of Missouri at Columbia Barbara Chiappetta Nassau Community College Prepared by

Carol Yacht, M.A.

About the Author: Carol Yacht is a textbook author and accounting educator. She is the author of Peachtree, QuickBooks, Microsoft Dynamics-GP, and Excel textbooks, and the accounting textbook supplement, Carol Yacht’s General Ledger and Peachtree DVDs (www.mhhe.com/yacht). Carol taught on the faculties of California State University-Los Angeles, West Los Angeles College, Yavapai College, and Beverly Hills High School. To help students master accounting principles, procedures, and business processes, Carol includes accounting software in her classes. Carol contributes regularly to professional journals and is the Accounting Section Editor for Business Education Forum, a publication of the National Business Education Association. She is also the Editor of the American Accounting Association's Teaching, Learning, and Curriculum section's The Accounting Educator. Carol Yacht was an officer of AAA’s Two-Year College section and recipient of its Lifetime Achievement Award. She is a member of the Microsoft Dynamics Academic Alliance Advisory Council, worked for IBM Corporation as an education instruction specialist, served on the AAA Commons Editorial Board, and NBEA’s Computer Education Task Force. She is a frequent speaker at state, regional, and national conventions. Carol earned her MA degree from California State University-Los Angeles, BS degree from the University of New Mexico, and AS degree from Temple University.

Table of Contents
Chapter 2: Analyzing and Recording Transactions....................................................... 8 Getting Starting: Problem 2-1A..................................................................................... 8 Technology Consultants Chart of Accounts..........................................................12 General Journal...........................................................................................................13 Posting to the General Ledger .................................................................................15 April 2-30, 2011 Transactions ..................................................................................16 Printing Reports .........................................................................................................17 Saving the Problem File ............................................................................................18 Editing Entries............................................................................................................20 Drill-Down..................................................................................................................20 Transaction Log..........................................................................................................20 CYGL’s Help Feature................................................................................................21 Getting Started: Problem 2-4A....................................................................................23 Show-Me-the-Money Chart of Accounts ...............................................................23 March 1-310, 2011 Transactions..............................................................................24 Getting Started: Business Solutions Serial Problem .................................................25 Business Solutions Charts of Accounts ..................................................................25 October and November Transactions ....................................................................26 Chapter 3: Adjusting Accounts and Preparing Financial Statements........................28 Continuing from Chapter 2 with the Business Solutions Serial Problem...
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