1. Using QuickBooks Pro for Accounting 2008 Glenn Owen
Chapter Seven
Cash-Oriented Business Activities

2. Chapter 7 3 Fundamental Business Activities
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.
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.
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.
Using QuickBooks Pro 2008 for Accounting

3. Chapter 7 Recording Cash-Oriented Activities
Financing Activities
Operating Activities
Investing Activities
Using QuickBooks Pro 2008 for Accounting

4. Chapter 7 Recording Cash Sales
Using QuickBooks Pro 2008 for Accounting

5. Chapter 7 Recording Cash Deposits
Using QuickBooks Pro 2008 for Accounting

6. Chapter 7 Recording Checks Written for Expenses
Using QuickBooks Pro 2008 for Accounting

7. Chapter 7 Weekly Time Sheets/Payroll
Using QuickBooks Pro 2008 for Accounting