Using QuickBooks Pro for Accounting 5th Edition Glenn Owen

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Presentation transcript:

Using QuickBooks Pro for Accounting 5th Edition Glenn Owen Chapter Eight Additional Business Activities

Chapter 8 Recording Additional Activities Financing Activities Operating Activities Investing Activities Using QuickBooks Pro 2006 for Accounting, 5th edition

Chapter 8 Financing Activities Owner contributions Purchase of stock Payment of Loans Using QuickBooks Pro 2006 for Accounting, 5th edition

Chapter 8 Investing Activities Acquisition of noncurrent assets from buying or selling investment securities or productive equipment Equipment purchases Office furniture purchases Sale of short-term investments Using QuickBooks Pro 2006 for Accounting, 5th edition

Chapter 8 Operating Activities Creating purchase orders Receipt of customer payments Cash sales Making deposits Receiving inventory Payment of purchases Invoicing time and costs Payment of expenses Accounting for employees’ time Payment of payroll Purchase and sale of inventory on account Using QuickBooks Pro 2006 for Accounting, 5th edition

Chapter 8 Recording Noncash Investing and Financing Activities Do not affect the cash position of a company Do have impact on a firm’s financial position Using QuickBooks Pro 2006 for Accounting, 5th edition

Chapter 8 Evaluating a Firm’s Performance and Financial Position Using QuickBooks Pro 2006 for Accounting, 5th edition