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Computer Accounting With Sage 50 Complete Accounting 2013 17th Edition Carol Yacht Solutions Manual 1
Computer Accounting With Sage 50 Complete Accounting 2013 17th Edition Carol Yacht Solutions Manual 1
Computer Accounting With Sage 50 Complete Accounting 2013 17th Edition Carol Yacht Solutions Manual 1
Solution Manual:
https://testbankpack.com/p/solution-
manual-for-computer-accounting-
with-sage-50-complete-accounting-
2013-17th-edition-by-yacht-isbn-
0077738446-9780077738440/
CHAPTER 5
GENERAL LEDGER, INVENTORY, AND INTERNAL CONTROL
In Chapter 5, your students learn how to use the General Ledger Chart of
Accounts. When a company is set up, the following initial steps are
performed: set up a chart of accounts and enter beginning balances or
budget amounts. In this chapter, students look at the sample company,
Bellwether Garden Supply. In Parts 2 and 3 of the textbook (Chapters 9-
18 and Projects 1 through 4A), students have an opportunity to set up 11
companies from scratch.
This chapter also shows your students how to use Sage 50's Inventory
system.
LEARNING OBJECTIVES
1. Restore data from Exercise 4-2. (This backup was made on textbook
page 151.)
9. Look at Sage 50’s internal controls, user security and access, and
audit trail.
10. Make two backups, save one Excel file, and save one PDF file.
The McGraw-Hill Companies, Inc., Computer Accounting with Sage 50 Complete Accounting 2013, 17e
83 - IMK
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in
any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
84 - IMK Chapter 5
Sage 50 uses a perpetual inventory system. See textbook page 176 for
a review of how Sage 50 journalizes the purchase and sale of
inventory items.
The Audit Trial Report provides a listing of the changes made to the
maintenance items and transactions. Depending on when students
made additions and changes, their time and date column will differ.
The Audit Trail Report shows when the author made changes.
The McGraw-Hill Companies, Inc., Computer Accounting with Sage 50 Complete Accounting 2013, 17e
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in
any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
General Ledger, Inventory, and Internal Control 85 - IMK
If transactions
entered after
Dec 31, 2013,
ending date
differs.
The Audit Trail Report is a way for instructors to check the integrity of
individual student records. Use the Audit Trail Report to make sure that
the student turning in the work is the one whose name appears on the
Maintain Employees row. If two or more Audit Trail Reports have the
same name, date and time, you probably have a paper trail to students
sharing backup files. You may want students to turn in their Chapter
5.ptb file so that you can restore that file and check the Audit Trail
Report. Another way to do this is to have the student restore the
Chapter 5.ptb file in the computer lab, then display the Jan 1 2006
through Dec 31, 2013 Audit Trail report to check the name, date, and
time next to Maintain Employees.
The McGraw-Hill Companies, Inc., Computer Accounting with Sage 50 Complete Accounting 2013, 17e
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in
any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
86 - IMK Chapter 5
The McGraw-Hill Companies, Inc., Computer Accounting with Sage 50 Complete Accounting 2013, 17e
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in
any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Another document from Scribd.com that is
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physical characteristics, they were the same people in
different stages of advancement. No distinction of race was
observed, and none in fact existed. … Not a vestige of the
ancient pueblo of Mexico (Tenochtitlan) remains to assist us
to a knowledge of its architecture. Its structures, which were
useless to a people of European habits, were speedily
destroyed to make room for a city adapted to the wants of a
civilized race. We must seek for its characteristics in
contemporary Indian houses which still remain in ruins, and in
such of the early descriptions as have come down to us, and
then leave the subject with but little accurate knowledge. Its
situation, partly on dry land and partly in the waters of a
shallow artificial pond formed by causeways and dikes, led to
the formation of streets and squares, which were unusual in
Indian pueblos, and gave to it a remarkable appearance. …
Many of the houses were large, far beyond the supposable wants
of a single Indian family. They were constructed of adobe
brick, and of stone, and plastered over in both cases with
gypsum, which made them a brilliant white; and some were
constructed of a red porous stone. In cutting and dressing
this stone flint implements were used. The fact that the
houses were plastered externally leads us to infer that they
had not learned to dress stone and lay them in courses. It is
not certainly established that they had learned the use of a
mortar of lime and sand. In the final attack and capture, it
is said that Cortes, in the course of seventeen days,
destroyed and levelled three-quarters of the pueblo, which
demonstrates the flimsy character of the masonry. … It is
doubtful whether there was a single pueblo in North America,
with the exception of Tlascala, Cholula, Tezcuco, and Mexico,
which contained 10,000 inhabitants. There is no occasion to
apply the term 'city' to any of them. None of the Spanish
descriptions enable us to realize the exact form and structure
of these houses, or their relations to each other in forming a
pueblo. … It is evident from the citations made that the
largest of these joint-tenement houses would accommodate from
500 to 1,000 or more people, living in the fashion of Indians;
and that the courts were probably quadrangles, formed by
constructing the building on three sides of an inclosed space,
as in the New Mexican pueblos, or upon the four sides, as in
the House of the Nuns, at Uxmal."
L. H. Morgan,
Houses and House-life of the American Aborigines
(United States Geographical and Geological Survey of
Rocky Mountain Region:
Contribution to North American Ethnology, volume 4),
chapter 10.
MEXICO: A. D. 1519-1520.
Captivity of Montezuma, Cortés ruling in his name.
The discomfiture of Narvaez.
The revolt of the capital.
W. Robertson,
History of America,
book 5 (volume 2).
ALSO IN:
H. H. Bancroft,
History of the Pacific States,
volume 4, chapters 17-23.
Sir A. Helps,
Spanish Conquest in America,
book 10, chapters 7-8 (volume 2).
MEXICO: A. D. 1520-1521.
The retreat to Tlascala.
Reinforcements and recovery.
Cortes in the field again.
Preparations to attack Mexico.
B. Mayer,
Mexico, Aztec, Spanish and Republican,
book 1, chapters 6-8 (volume 1).
W. H. Prescott,
History of the Conquest of Mexico,
book 6, chapters 4-5.
Sir A. Helps,
The Spanish Conquest in America,
book 11, book 1 (volume 2).
M. Chevalier,
Mexico, Ancient and Modern,
part 2, chapters 8-9 (volume 1).
ALSO IN:
H. Cortes,
Despatches [Letters] MEXICO,
translated by G. Folsom,
letter 3, chapter 5.
MEXICO: A. D. 1521-1524.
The rebuilding of the capital.
The completion and settlement of the Conquest.
W. H. Prescott,
History of the Conquest of Mexico,
book 7, chapters 1-3.
ALSO IN:
H. H. Bancroft,
History of the Pacific States,
volume 5 (Mexico, volume 2), chapters 1-8.
MEXICO: A. D. 1535-1540.
Introduction of Printing.
MEXICO: A. D. 1535-1822.
Under the Spanish viceroys.
S. Hale,
The Story of Mexico,
chapters 20-22.
ALSO IN:
H. H. Bancroft,
History of the Pacific States,
volumes 5-6 (Mexico, volumes 2-3).
MEXICO: A. D. 1539-1586.
Expeditions of Niza, Coronado, and others to the North.
Search for the Seven Cities of Cibola.
MEXICO: A. D. 1810-1819.
The first Revolutionary movement.
Hidalgo.
Allende.
Morelos.
"The causes of the coming revolution were not hidden. The law
that excluded Spaniards born in America from equal rights with
those who were immigrants was a natural, not to say necessary,
source of discontent among people whose good-will was much
needed by any viceroy. There was inevitably not a little
mutual repugnance between the Mexican and Spanish stocks, and
the home government did nothing to mollify such asperities.
There were commercial monopolies militant against public
interests. The clergy were alienated, and since they were not
thus so serviceable as formerly in the part of mediators in
enforcing governmental aims, it was found necessary to use
force where the people were not accustomed to it. The Viceroy
Jose de Iturrigaray practised a seeming condescension that
deceived no one, and he pursued his exactions partly by reason
of self-interest, and partly in order to supply Madrid with
means to meet the financial troubles that the Napoleonic era
was creating. After some years of these conditions in New
Spain, a conspiracy, resulting from a reaction, sent the
viceroy back to Spain a prisoner. This gave strength to
revolutionary sentiments, and a few trials for treason
increased the discontent. The men who were now put
successively in the vice-regal place had few qualities for the
times, and a certain timidity of policy was not conducive to
strength of government. … The outbreak, when it came,
brought to the front a curate of Dolores, a native priest,
Miguel Hidalgo, who commanded the confidence of the
disaffected, and was relied upon to guide the priesthood.
Ignacio de Allende had some of the soldierly qualities needed
for a generalissimo. The purpose of these men and their
allies, before they should openly proclaim a revolt, was to
seize some of the leading Spaniards; but their plot being
discovered, they hastily assembled at Dolores and raised the
standard of revolt (1810). Thus banded together, but badly
organized and poorly armed, a body of 5,000 insurgents marched
from Dolores, headed by Hidalgo and Allende, and approached
Guanajuato, where the intendente Riaña had intrenched himself
in a fortified alhondiga, or granary.
{2170}
The attack of the rebels was headlong and bloody. The gates
were fired with flaming rubbish, and through the glowing way
the mad throng rushed, and after a hand-to-hand conflict
(September 28, 1810) the fortress fell. The royalist leader
had been killed, and scenes of pillage and riot followed.
Meanwhile the viceroy in Mexico prepared to receive the
insurgents, and his ally, the church, excommunicated their
leaders. The military force of the royalists was
inconsiderable, and what there was, it was feared, might prove
not as loyal as was desirable. As Hidalgo marched towards the
capital, he tried to seduce to his side a young lieutenant,
Augustin Iturbide, who was in command of a small outlying
force. The future emperor declined the offer, and, making his
way to the city, was at once sent to join Trujillo, who
commanded a corps of observation which confronted the
insurgents, and who finally ran the chances of a battle at Las
Cruces. … The insurgents soon surrounded him, and he was
only able to reach the city by breaking with a part of his
force through the enveloping line. Hidalgo had lost 2,000 men,
but he had gained the day. He soon intercepted a despatch and
learned from it that General Calleja had been put in motion
from San Luis Potosi, and it seemed more prudent to Hidalgo
that, instead of approaching Mexico, he should retreat to be
nearer his recruiting ground. The retrograde movement brought
the usual result to an undisciplined force, and he was already
weakened by desertions when Calleja struck his line of march
at Aculco. Hidalgo felt it important for the revolution to
have time enough to spread into other parts of the province,
and so he merely fought Calleja to cover his further retreat.
The rebel leader soon gathered his forces at Celaya, while
Allende, his colleague, posted himself at Guanajuato. Here the
latter was attacked by Calleja and routed, and the royal
forces made bloody work in the town. Hidalgo, moving to
Valladolid, reorganized his army, and then, proceeding to
Guadalajara, he set up a form of government, with Ignacio
Lopez Rayon as Secretary-general. At this time the insurgents
held completely the provinces of Nueva Galicia, Zacatecas, and
San Luis Potosi, a belt of country stretching from sea to sea
in the latitude of Tampico. … In January, 1811, the signs
were not very propitious for the royalists. … At this
juncture … Hidalgo moved out from Guadalajara with his
entire force, which was large enough, consisting of 60,000
foot, 20,000 horse, and 100 cannon; but it was poorly armed,
and without effective discipline; while Calleja commanded a
well-equipped and well-organized force, but in extent it only
counted 3,000 foot, with as many horse, and ten guns. At the
bridge of Calderon, 10 or 11 leagues from the city, Hidalgo
prepared to stand. Here Calleja attacked him," and won the
day, entering Guadalajara as a victor on the 21st of January,
1811. "Hidalgo fled with his broken army, and soon resigned
the command to Allende. This general had scarcely 4,000 or
5,000 men left when he reached Saltillo, where he joined
Jimenes. The disheartenment of defeat was spreading through
the country. Town after town was heard from as yielding to the
victors. The leaders, counselling together at Saltillo,
resolved to escape to the United States; but, as they were
marching,—about 2,000 in all, with 24 guns and a
money-chest,—they fell into an ambush planned in the interest
of a counter-revolution by one Elizondo, and, with nothing
more than a show of resistance, the party was captured, one
and all. The judgment of death upon Hidalgo, Allende, and
Jimenes soon followed. The main force of the insurgents had
thus disappeared, but a small body still remained in arms
under the lead of Jose Maria Morelos." Morelos was uneducated,
but capable and energetic, and he kept life in the rebellion
for two years. He captured Orizaba in October, 1812, Oajaca in
the following month, and Acapulco in the spring of 1813. In
November of that year he appeared before Valladolid, the
capital of Michoacan, but was attacked there by Iturbide and
routed. "In January, 1814, Morelos made a final stand at
Puruaran, but Iturbide still drove him on. Disaster followed
upon disaster, till finally Morelos was deposed by his own
congress. This body had adherents enough to make it necessary
for Calleja to appeal to the home government for a
reinforcement of 8,000 troops. … Morelos, meanwhile,
commanding an escort which was protecting the migratory
congress, was intercepted and captured by a force of
royalists, and, after the forms of a trial, he was executed
December 22, 1815. The campaign of 1816 was sustained by the
insurgents against a force of 80,000 men which Calleja had
collected. … Neither side had much success, and the war was
simply tedious. At last, in August, a new viceroy, Juan Riaz
de Apodaca, succeeded to Calleja, and uniting a more humane
policy with vigor in disposing his forces, the leading rebel
officers … surrendered in January, 1817. … A certain
quixotic interest is lent to the closing months of the
revolution by the adventurous exploits of Espoz y Mina. He had
fitted out a small expedition in the United States, which,
landing on the Gulf coast, for a while swept victoriously
inland. … But Mina was finally surprised and executed. Other
vagrant rebel leaders fell one by one into the hands of the
royalists; but Guadalupe Victoria held out, and concealed
himself in the wilds for two years."
J. Winsor,
Spanish North America
(Narrative and Critical History of America,
volume 8, chapter 4).
ALSO IN:
W. D. Robinson,
Memoirs of the Mexican Revolution.
MEXICO: A. D. 1819.
Texas occupied as a province.
MEXICO: A. D. 1820-1826.
Independence of Spain.
The brief empire of Iturbide and its fall.
Constitution of the Republic of the United Mexican States.
M. Willson,
American History,
book 3, part 2, chapters 4-5.
ALSO IN:
H. H. Bancroft,
History of the Pacific States,
volume 7 (Mexico, volume 3), chapters 29-33,
and volume 8, chapters 1-2.
MEXICO: A. D. 1822-1828.
Free-Masonry in politics.
The rival branches of the order.
The Escocés and the Yorkinos.