South University Online ACC2010 Week 4 Assignment 2

South University Online ACC2010 Week 4 Assignment 2
ACC2010 Week 4 Assignment 2
South University Online
Multiple Choice Questions:
1. In Part 2 of the book, you complete monthly accounting for which type of business?
Corporate form of business.
Merchandising business.
Manufacturing business.
Service business.
None of the above.
2. Which type of accounting method does Mark Foltz Designer use?
Cash basis accounting.
Accrual accounting.
PCA does not require you to make a choice.
There is no difference between cash basis and accrual accounting.
None of the above.
3. Mark Foltz’s business type is a:
Sole proprietorship.
None of the above.
4. What chart of accounts did you select for Mr. Foltz’s chart of accounts?
Accounting firm.
Merchandising company.
Non-profit business.
Service Company.
None of the above.
5. Mr. Foltz uses which type of posting method?
Batch posting.
Real-time posting.
There is no need to post his books.
PCA does not require you to make a posting choice.
None of the above.
6. You can restore data by making which menu bar selection?
File; Restore.
Tasks; Backup.
Maintain; Restore.
Maintain; Backup.
None of the above.
7. The correct file name for backing up Mark Foltz Designer, the chart of accounts, and the October 1, 2012 beginning balances is:
Chapter 9 Chart of Accounts October.
Chapter 9 Beginning Balances.
None of the above.
8. Peachtree assigns the following shortened company name to Mark Foltz Designer:
Sage Software.
None of the above
9. The account type of Account No. 3920, Mark Foltz, Capital (or your name, Capital) is:
Equity-gets closed.
Equity-doesn’t close.
Current assets.
None of the above.
10. When saving an Excel 2007 or 2010 file, the file extension is:
None of the above.
Short-Answer Questions:
In Chapter 10, what source documents are used to complete M r. Foltz’s accounting? Include the month in your answer.
The file restored to begin Chapter 10 is _
To make sure you are starting in the appropriate place in the data, display this financial statement:
The Receipts window is also known as this journal _
The Write Checks window is also known as this journal _
When the Receipts window is used, what account is automatically debited? (Identify the account number and name.)
When the Write Checks window is used, what account is automatically credited? (Identify the account number and name.)
Explain Peachtree’s account reconciliation feature. Define bank reconciliation.
What does the term transaction register refer to?
The transaction register shows payments and deposits. What are two examples of payments, and what Peachtree window is used? What Peachtree window is used to record deposits?
True/Make True:
You can complete the activities in Chapter 11 without completing Chapters 9 and 10. (Yacht, 2011, p. 407)
Step 4 of PCA’s Computer Accounting Cycle is reconciling the bank statement.
To change an accounting period, use the menu. (Yacht, 2011, p. 410)
Mark Foltz’s transaction register and bank statement are used as source documents for recording journal entries.
The account reconciliation feature can reconcile the cash account only.
The accounting periods used in Chapter 11 are November 1 – 30 and December 1 – 31, 2012.
PCA includes an editing feature so that records can be corrected.
To close the fiscal year, use the System menus election, Year-End Wizard.
When the fiscal year is closed, an adjusted trial balance is displayed or printed.
The statement of retained earnings and the post closing trial balance show the same balance for retained earnings.
Your overall rating

Struggling to find relevant content or pressed for time? – Don’t worry, we have a team of professionals to help you on
South University Online ACC2010 Week 4 Assignment 2
Get a 15% Discount on this Paper
Order Now
Calculate the price
Make an order in advance and get the best price
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
step 1
Upload assignment instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Get personalized services with MyCoursebay
One writer for all your papers
You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments
Same paper from different writers
Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers
Copy of sources used
Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order
What our partners say about us
We appreciate every review and are always looking for ways to grow. See what other students think about our do my paper service.
Thanks for your support
Customer 452701, February 3rd, 2022
Social Work and Human Services
Great Work!
Customer 452587, November 2nd, 2021
Human Resources Management (HRM)
Customer 452701, October 17th, 2023
Human Resources Management (HRM)
The paper was delivered on time and I am very pleased with the writer's work.
Customer 452701, June 21st, 2023
Human Resources Management (HRM)
awesome job
Customer 452701, August 14th, 2023
Perfect as usual!!! Thanks team!
Customer 452453, May 26th, 2021
Database design and optimization
communication was great and the work looks perfect.
Customer 452715, February 26th, 2022
Human Resources Management (HRM)
Thanks very much.
Customer 452701, July 26th, 2023
I requested two pages and only have one page and the second pages is references.
Customer 452475, August 22nd, 2022
Social Work and Human Services
Excellent Work!
Customer 452587, August 24th, 2021
Amazing as always!!! :)
Customer 452453, March 16th, 2023
Human Resources Management (HRM)
Thanks for the paper.
Customer 452701, September 15th, 2023
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat

Get top-notch homework help now. 20% off first 10 orders!


Thank you for choosing MyCoursebay. Your presence is a motivation to us. All papers are written from scratch. Plagiarism is not tolerated. Order now for a 15% discount

Order Now