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Chapter 01 Introduction to Bellwether Garden Supply McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.

Chapter 01 Introduction to Bellwether Garden Supplyhorowitk/documents/Chap001_002.pdf · The Sample Company – Bellwether Garden Supply The sample company, Bellwether Garden Supply,

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Page 1: Chapter 01 Introduction to Bellwether Garden Supplyhorowitk/documents/Chap001_002.pdf · The Sample Company – Bellwether Garden Supply The sample company, Bellwether Garden Supply,

Chapter 01

Introduction to

Bellwether Garden

Supply

McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.

Page 2: Chapter 01 Introduction to Bellwether Garden Supplyhorowitk/documents/Chap001_002.pdf · The Sample Company – Bellwether Garden Supply The sample company, Bellwether Garden Supply,

The Sample Company –

Bellwether Garden SupplyThe sample company, Bellwether Garden Supply, is shown in Chapters 1-7. You learn about the basic features of Peachtree Complete Accounting 2012 (PCA). Completing these chapters will help you become familiar with the software.

The Peachtree software included with the book includes the company data for Bellwether Garden Supply (Chapters 1-7) and Stone Arbor Landscaping (Chapter 8). On the startup window these two companies are identified as the sample companies.

In Chapters 9-18 and Projects 1-4A, you build company data from scratch. Computer accounting skills are reviewed in more depth beginning in Chapter 9.

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Page 3: Chapter 01 Introduction to Bellwether Garden Supplyhorowitk/documents/Chap001_002.pdf · The Sample Company – Bellwether Garden Supply The sample company, Bellwether Garden Supply,

Peachtree Tips

Instructions for making the first backup are on textbook pages 22-25. This backup is for Bellwether’s starting data. At this point in Chapter 1, no data has been added to the sample company. The backup name is bgs.ptb.

The textbook shows detailed steps for backing up to a USB flash drive. Students can backup to the default location, or specify a location, such as a network location or external media.

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Page 4: Chapter 01 Introduction to Bellwether Garden Supplyhorowitk/documents/Chap001_002.pdf · The Sample Company – Bellwether Garden Supply The sample company, Bellwether Garden Supply,

Peachtree Tips

See textbook pages 29-32 for using Peachtree’s Restore Wizard. Peachtree’s Restore Wizard allows you to restore An Existing Company (the default); or, restore A New Company. For more information, refer to the Read Me box on textbook page 29.

Students can restore from a backup file even if no Peachtree company exists. From Peachtree’s start up window, select File; Restore. Select the location of the backup file. On the Restore Wizard’s Select Company window, select A New Company. When A New Companyis selected, data can be restored and a company created at the same time. This means that if you start Peachtree and the company is not shown on the Company Name list, you can restore data and set up the company.

Peachtree backup files have a .ptb extension.

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Page 5: Chapter 01 Introduction to Bellwether Garden Supplyhorowitk/documents/Chap001_002.pdf · The Sample Company – Bellwether Garden Supply The sample company, Bellwether Garden Supply,

Backing Up, pages 2-3The chart below shows the size of the backup s, Excel files and PDF files

saved in Chapter 1. Backups can be made to a USB flash drive, default

location, network location, or other external media such as a CD-RW drive

or DVD-RW drive.

Backup Name (.ptb)

Excel Report (.xlsx) and Adobe (.pdf) Kilobytes Page Nos.

bgs.ptb 3,306 KB 23-25

Chapter 1.ptb 3,314 KB 41-42

Chapter 1_Employee List.xlsx 15 KB 43-45

Chapter 1_Employee List.pdf 14 KB 45-46

Exercise 1-2.ptb 3,317 KB 51

Exercise 1-2_Chart of Accounts.xlsx 15 KB 52

Exercise 1-2_Chart of Account.pdf 14 KB 52

Exercise 1-2_Employee List.xlsx 14 KB 52

Exercise 1-2_Chart of Accounts.pdf 17 KB 52

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Page 6: Chapter 01 Introduction to Bellwether Garden Supplyhorowitk/documents/Chap001_002.pdf · The Sample Company – Bellwether Garden Supply The sample company, Bellwether Garden Supply,

Windows, page 1

(Part 1 introduction)

The Windows operating

system uses pictures or

icons to identify tasks.

For example, the

illustration on page 9

shows Peachtree’s user

interface.

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Page 7: Chapter 01 Introduction to Bellwether Garden Supplyhorowitk/documents/Chap001_002.pdf · The Sample Company – Bellwether Garden Supply The sample company, Bellwether Garden Supply,

User interface (UI), p. 1

Consists of procedures which enable

you to interact with Peachtree and the

Windows operating system. The UI

includes windows, icons, and menus.

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Page 8: Chapter 01 Introduction to Bellwether Garden Supplyhorowitk/documents/Chap001_002.pdf · The Sample Company – Bellwether Garden Supply The sample company, Bellwether Garden Supply,

Taskbar, p. 8

In Windows 7, the Start button and taskbar are

located at the bottom of your screen.

In Windows Vista, the Start button and taskbar

look slightly different.

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Page 9: Chapter 01 Introduction to Bellwether Garden Supplyhorowitk/documents/Chap001_002.pdf · The Sample Company – Bellwether Garden Supply The sample company, Bellwether Garden Supply,

Global Options, pp. 18-19

Global options are in effect for all Peachtree companies.

See pages 18-19, steps 1-3 for setting PCA’s global

options.

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Page 10: Chapter 01 Introduction to Bellwether Garden Supplyhorowitk/documents/Chap001_002.pdf · The Sample Company – Bellwether Garden Supply The sample company, Bellwether Garden Supply,

Navigation Bar, p. 20

The Navigation Bar appears on the left side of

Peachtree’s main window.

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Page 11: Chapter 01 Introduction to Bellwether Garden Supplyhorowitk/documents/Chap001_002.pdf · The Sample Company – Bellwether Garden Supply The sample company, Bellwether Garden Supply,

Navigation Centers, p. 20

Navigation Bar

selections take

you to Peachtree’s

Navigation

Centers.

Bellwether Garden

Supply’s

Employees &

Payroll Tasks are

shown.

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Page 12: Chapter 01 Introduction to Bellwether Garden Supplyhorowitk/documents/Chap001_002.pdf · The Sample Company – Bellwether Garden Supply The sample company, Bellwether Garden Supply,

Workflow diagram, p. 20

From Peachtree’s main window, select

Business Status, Customers & Sales,

Vendors & Purchases, Inventory &

Services, Employees & Payroll, or

Banking. A workflow diagram for that

module appears.

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Page 13: Chapter 01 Introduction to Bellwether Garden Supplyhorowitk/documents/Chap001_002.pdf · The Sample Company – Bellwether Garden Supply The sample company, Bellwether Garden Supply,

Modules, p. 20

Peachtree’s modules include Customers &

Sales (Accounts Receivable), Vendors &

Purchases (Accounts Payable), Inventory &

Services, Employees & Payroll, Banking, and

System.

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Page 14: Chapter 01 Introduction to Bellwether Garden Supplyhorowitk/documents/Chap001_002.pdf · The Sample Company – Bellwether Garden Supply The sample company, Bellwether Garden Supply,

Chart of Accounts, pp. 21-22The chart of accounts is a list of all the

accounts used by a company.

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Page 15: Chapter 01 Introduction to Bellwether Garden Supplyhorowitk/documents/Chap001_002.pdf · The Sample Company – Bellwether Garden Supply The sample company, Bellwether Garden Supply,

Backing Up, pp. 22-26

Backing up your data means saving it to a

hard drive, network drive or external

media. Refer to pages 22-26 for Backing

up Bellwether Garden Supply.

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Page 16: Chapter 01 Introduction to Bellwether Garden Supplyhorowitk/documents/Chap001_002.pdf · The Sample Company – Bellwether Garden Supply The sample company, Bellwether Garden Supply,

Windows Explorer, pp. 28-29

Right-click Start button;

left-click Open Windows

Explorer.

Use Windows Explorer

to determine how much

disk space is used, and

to locate Peachtree’s

program and company

data files location. (Refer

to File Management, pp.

xviii-xx.)

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Page 17: Chapter 01 Introduction to Bellwether Garden Supplyhorowitk/documents/Chap001_002.pdf · The Sample Company – Bellwether Garden Supply The sample company, Bellwether Garden Supply,

Restore (Peachtree’s Restore

Wizard), pp. 29-32

Previously backed up data can be restored

or retrieved. To start where you left off the

last time data was backed up, use the

Restore Wizard. You can restore A New

Company or An Existing Company. See

pages 29-32, Using Peachtree’s Restore

Wizard.

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Page 18: Chapter 01 Introduction to Bellwether Garden Supplyhorowitk/documents/Chap001_002.pdf · The Sample Company – Bellwether Garden Supply The sample company, Bellwether Garden Supply,

Going to the Net, pp. 48-49

Access the Career Development website at

http://www.careers-in-accounting.com/

Read the article Welcome to Careers in Accounting.

List four activities that accountants engage in (not including recording transactions and preparing financial statements).

Approximately how many people join public accounting firms each year?

What key factors contribute to being hired as an accountant?

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Page 19: Chapter 01 Introduction to Bellwether Garden Supplyhorowitk/documents/Chap001_002.pdf · The Sample Company – Bellwether Garden Supply The sample company, Bellwether Garden Supply,

Analysis Questions, p. 521. How many menu bar selections does Peachtree Complete

Accounting 2012 have? List the menu bar selections.

PCA has 10 (or 11) menu bar selections which include: File,

Edit, Lists, Maintain, Tasks, Analysis, Options, Reports &

Forms, (Services is inactive), Window, Help.

2. What is the Navigation Bar? Briefly describe its function.

Peachtree’s Navigation Bar includes seven selections: Business Status, Customers & Sales, Vendors & Purchases, Inventory & Services, Employees & Payroll, Banking, and System. These selections open the Navigation Center pages.

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Page 20: Chapter 01 Introduction to Bellwether Garden Supplyhorowitk/documents/Chap001_002.pdf · The Sample Company – Bellwether Garden Supply The sample company, Bellwether Garden Supply,

Assessment Rubric, p. 53Chart of Accounts or Account List

Navigation

Bar/Navigation Center

Account ID Description Type

Running

Balance

Business Status, link to

view Account List

10200 Regular Checking Account Cash $23,389.83

11000 Accounts Receivable Accounts

Receivable

$175,383.01

14000 Prepaid Expenses Other Current

Assets

$14,221.30

15500 Buildings Fixed Assets $185,500.00

20000 Accounts Payable Accounts

Payable

($80,626.01)

39003 Common Stock Equity-does

not close

($5,000.00)

4000-AV Sales - Aviary Income ($51,652.86)

50000-AV Product Cost-Aviary Cost of Sales $20,281.45

57500 Freight Expenses $50.00

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Page 21: Chapter 01 Introduction to Bellwether Garden Supplyhorowitk/documents/Chap001_002.pdf · The Sample Company – Bellwether Garden Supply The sample company, Bellwether Garden Supply,

Online Learning Center Go online to www.mhhe.com/yacht2012 for additional resources. Link to

Student Edition, select Chapter 1.

o Interactive Testing: Online multiple-choice and true and false

question. Tests are graded and can be emailed to instructor.

o Glossary of Terms: Boldfaced/italicized words within chapter.

o Feature Quizzes: Includes user interface questions, matching,

and review of chapter concepts with immediate feedback.

o Flash Videos: Demonstrations of setting global options, backup,

and restore.

o PowerPoints: Narrated slides.

o Assessment Rubrics: Reviews journal entries, reports,

navigation centers, modules, and task windows.

o Going to the Net: Internet research.

o QA Templates: End-of-chapter summary and review questions

and analysis question.

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