devry acct251 week 5 and week 6 discussion latest 2015

| June 13, 2016

Question
week 5

Journals & Ledgers (graded)
What are the similarities and differences between manual-based journals/ledgers and automated accounting system journals/ledgers?

Closing the Books (graded)
As you close your books, what source document(s) are needed to help your close your books in an automated accounting systems?

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week 6

Data Needed for Purchasing Activities (graded)
In order to purchase goods & services via an automated accounting system, we know that vendor data must be created correctly in Peachtree. Identify and discuss what is needed to be set-up correctly in Peachtree Complete Accounting 2010.

Data Needed for Sales Activities (graded)
In order to sell goods & services via an automated accounting system, we know that customer data must be created correctly in Peachtree. Identify and discuss what additional is needed to be set-up correctly in Peachtree Complete Accounting 2010.

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