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Using QuickBooks Pro for Accounting 5th Edition Glenn Owen

Using QuickBooks Pro for Accounting 5th Edition Glenn Owen. Chapter Seven Cash-Oriented Business Activities. Financing Initiated: when money or other resources are obtained from short-term nontrade creditors, long-term creditors, and/or owners.

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Using QuickBooks Pro for Accounting 5th Edition Glenn Owen

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  1. Using QuickBooks Pro for Accounting5th EditionGlenn Owen Chapter Seven Cash-Oriented Business Activities

  2. Financing Initiated: when money or other resources are obtained from short-term nontrade creditors, long-term creditors, and/or owners. Completed: when amounts owed are repaid to or otherwise settled with these same creditors and/or owners. Operating Initiated: when the money obtained from financing activities and the productive assets obtained from investing activities are applied to either purchase or produce goods and services for sale. Completed: substantially completed when goods are delivered or when services are performed. Chapter 73 Fundamental Business Activities Investing • Initiated: when the money obtained from financing activities is applied to nonoperating uses, such as buying investment securities and/or productive assets like equipment, buildings, land, or furniture and fixtures. • Completed: when the investment securities and/or productive assets are sold. Using QuickBooks Pro 2006 for Accounting, 5th edition

  3. Chapter 7Recording Cash-Oriented Activities Financing Activities Operating Activities Investing Activities Using QuickBooks Pro 2006 for Accounting, 5th edition

  4. Chapter 7Recording Cash Sales Using QuickBooks Pro 2006 for Accounting, 5th edition

  5. Chapter 7Recording Cash Deposits Using QuickBooks Pro 2006 for Accounting, 5th edition

  6. Chapter 7Recording Checks written for Expenses Using QuickBooks Pro 2006 for Accounting, 5th edition

  7. Chapter 7Weekly Time Sheets/Payroll Using QuickBooks Pro 2006 for Accounting, 5th edition

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