Specifications

14  Lesson 7 Computer Tutorial 3
8. Torban is a new accountant for a small, privately held firm. He is surprised to find that
computer printouts from the general ledger are regularly discarded in the waste basket
with no concern about the environment. During the first week of his employment, Torban
implemented a paper recycling program by placing recycling boxes around the office and
arranging a paper recycling firm to pick up the boxes on a monthly basis. What is right or
wrong about Torban’s action?
TOPIC 7.9
Taking stock
You have now completed a full cycle of operating a general ledger using Accpac. The steps
you have taken include:
working with a chart of accounts
making changes to the chart of accounts
adding and deleting accounts
entering historical data
backing up your general ledger
entering, editing, and posting batches of transactions
printing an unadjusted trial balance
making adjusting entries
examining an adjusted trial balance
printing a transactions listing
designing and printing financial statements
modifying Accpac financial statement layouts
closing your general ledger at fiscal year end
designing a chart of accounts
developing periodic operating and maintenance procedures for your general ledger
designing basic internal control procedures
You should now be able to operate a general ledger using Accpac. In the CGA program of
studies, you will have ample opportunity to work with this program, so keep this tutorial
handy as you work through your course material.