1. Chapter 1: Introduction to Bellwether Garden Supply
McGraw-Hill/Irwin
Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved.

2. The Sample Company – Bellwether Garden Supply
The sample company, Bellwether Garden Supply, is shown in Chapters 1-7. You learn about the basic features of Peachtree Complete Accounting 2009 (PCA). Completing these chapters will help you become familiar with the software.
The Peachtree CD packaged 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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3. Software Objectives, p. 3
Start Peachtree Complete Accounting 2009 (PCA).
Explore the sample company, Bellwether Garden Supply.
Back up Bellwether Garden Supply data.
Restore data with Peachtree’s restore Wizard.
Operate Peachtree’s menus, drop-down lists, toolbar, and navigation bar.
Work with Windows Explorer.
Make three backups: 1) Back up starting data for Bellwether Garden Supply; 2) back up Chapter 1 data; and 3) back up Exercise 1-2.
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4. Web Objectives, p. 3
Use PCA to link to Peachtree’s website at
Go to the PRESS list and select Recent Press Releases.
Link to two Peachtree press releases and write an essay about each one.
Use your Internet browser to go to the book’s website at
Complete the first web exercise in Part 1.
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5. Peachtree Tips
If you have more than one section of students using the sample company, you should restore the starting data for Bellwether Garden Supply before beginning your next class. Instructions for making the first backup are on textbook pages This backup is for Bellwether’s starting data. At this point in Chapter 1, students have not added any information to the sample company. The backup name is bgs.ptb.
The textbook shows detailed steps for backing up to a hard drive location. Peachtree’s backups default to the hard drive. Students can also specify a location for backing up, such as a network location or external media. External media includes USB drive; CD-RW drive; DVD-RW drive; or Zip drive. One CD-R, DVD-R, USB media, or Zip disk can be used for backing up.
The textbook steps assume Peachtree’s default hard-drive location is used for backups. For backing up to external media, a USB flash or thumb drive is recommended. (If backups are made to a floppy disk, each Bellwether Garden Supply backup requires three or more blank formatted disks.)
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6. Peachtree Tips
See textbook pages 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 28.
Students can restore from a back up 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 Company is 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 set up the company while restoring data.
Peachtree backup files have a .ptb extension.
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7. Backing Up, page 2 Backup Name Kilobytes Pages Nos. bgs.ptb 3,848 KB
The chart below shows the size of the backups made in Chapter 1. You can specify a hard drive location or back up to external media, such as, a CD-RW drive, DVD-RW drive, USB drive, or Zip drive. The entire chart for Part 1, Chapters 1-8, is shown on textbook page 2.
Backup Name
Kilobytes
Pages Nos.
bgs.ptb
3,848 KB
19-24
Chapter 1.ptb
3,853 KB
44-45
Exercise 1-2.ptb
3,858 KB
53-54
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8. Chapter 1 Topics Software objectives, p. 3 Web objectives, p. 3
Mouse and keyboard basics, p. 4
a. Using the Mouse, p. 4
b. Using the Keyboard, p. 4
c. Using Shortcut, pp. 4-5
PCA’s startup window, p. 6
The Windows Environment, pp. 7-9
Typical Windows used in PCA, pp 9-12
The Sample Company: Bellwether Garden Supply, p. 12
Getting started, pp
Displaying product information, pp
Setting Global Options, pp
The Navigation Bar and Navigation Center Pages, p. 19
Backing up Bellwether Garden Supply, pp
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9. Chapter 1 Topics (continued)
Using Windows Explorer, pages 24-25
a. Copying the BCS Folder to a CD-RW or DVD-RW Drive, pp
Using Peachtree’s Restore Wizard, pp
Menu bar, pp
Becoming an Employee of Bellwether Garden Supply, pp
a. Adding yourself as an employee, pp
Backing up Chapter 1 Data, pp
Manual vs. computerized accounting, pp
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10. Chapter 1 Topics (concluded)
20. Internet Activity, p. 48
21. Summary & Review, pages 48-49
a. Going to the Net, p. 49
b. True/make true questions, pp
c. Exercise 1-1, pp
d. Exercise 1-2, pp
e. Analysis question, p. 54
f. Chapter 1 Index, pp
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11. Startup window, p. 13
From the Windows desktop, double-click on the Peachtree icon. The startup window appears. Select Explore a sample company.
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12. Explore a Sample Company, p. 14
When you select Explore a Sample Company from the startup menu, this window appears. Accept the default for Bellwether Garden Supply. Then, click on OK.
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13. Displaying Product Information, pp. 15-16
From the menu bar, click on Help, then About Peachtree Accounting. This window is shown on p. 16.
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14. Setting Global Options pp. 16-19
On p. 16, from the menu bar, select Options, Define Internet Connection. The Internet Connection Setup window appears. Select This computer is not connected to the Internet. Click <OK>.
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15. Setting Global Options pp. 17-19
On p. 17, complete instructions 3a-d.
On pp , complete steps 4 and 5.
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16. The Navigation Bar and The Navigation Center Pages, p. 19
The Navigation Bar appears at the left side of the Peachtree main window and offers access to seven pages called Navigation Centers.
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17. Back Up Company, pp
From the Navigation Bar, click In the Data Maintenance list, link to Back Up. The Back Up Company window appears. The Back Up window is shown on p. 20.
Click
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18. Back up (continued), pp. 21-23
The Save in field shows the default location for your backup (BCS). If you do not change the Save in location, you are saving to the hard drive. Click on the down-arrow in the Save in field. The list that displays shows the location on your hard drive for the sample company files.
Complete steps 4 and 5 on pp. 21 and 22. Click Complete steps 6-7 on page 23.. Read the information on pages (steps 1-2).
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19. Using Windows Explorer, pp. 24-25
Go to Windows Explorer and open the folder for Bellwether Garden Supply: C:\Program Files\Sage Software\Peachtree\Company\BCS, pp
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20. Using Windows Explorer p. 25
Right-click on the BCS folder. A drop-down menu appears. Left-click on Properties.
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21. Copying the BCS Folder to a CD-RW Drive or DVD-RW Drive, pp. 26-27
On pages 26-27, complete steps 1-9 to copy files to a CD or DVD. (Depending on the software used to copy to external media, the steps may differ from what is shown in the text.)
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22. Using Peachtree’s Restore Wizard, pp. 28-31
Complete steps 1-4 on pp From the Navigation Bar, select ; link to Restore.
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23. Steps for Restoring from External Media, p. 29
In the Location field, select
In the Look in field select the appropriate drive and highlight the bgs.ptb file. (Your drive letter may differ.)
Click
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24. Select Company window, p. 30
The Select Company window appears.
Click
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25. Restore Options, p. 30
The Restore Options window appears.
Make sure that a check mark is next to Company Data. Click The Confirmation window appears.
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26. Confirmation window, p. 31
Read the information on the Confirmation window; click
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27. Menu bar: File menu, pp
From the menu bar, click on File.
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28. Menu bar: Edit menu, p. 33
From the menu bar, select Edit.
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29. Menu bar: Lists menu, p. 33
From the menu bar, click on Lists.
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30. Maintain menu, p. 34
From the menu bar, click on Maintain.
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31. Tasks menu, p. 35
From the menu bar, click on Tasks.
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32. Analysis menu, p. 36
From the menu bar, click on Analysis.
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33. Options menu, pp
From the menu bar, click on Options.
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34. Reports & Forms menu, p. 37
From the menu bar, click on Reports & Forms.
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35. Services Menu, p 38
From the menu bar, click Services.
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36. Window menu, p. 38
From the menu bar, click on Window.
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37. Help menu, p. 39
From the menu bar, click on Help.
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38. Becoming an Employee of Bellwether Garden Supply, pp. 39-43
Read pages From the Navigation Bar select
Read pp. 41 and 42.
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39. Maintain Employees/Sales Reps, pp. 42-43
From the Employees & Payroll Page, click
then select New Employee.
Read pages 42-43
Icon bar
Drop-down lists
Radio button
Tabs
Text fields
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40. Adding Yourself as an Employee, pp. 43-44
Read pages 43 and 44.
Complete steps 1-6.
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41. Backing Up Chapter 1 Data, pages 44-45
Complete steps 1-6 on pages to back up your data.
The suggested file name is Chapter 1.ptb.
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42. Chapter 1 Glossary of Terms
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43. Windows, page 1 (Part 1 opener)
The Windows operating system uses pictures or icons to identify tasks. For example, the illustration on page 8 shows Peachtree’s user interface.
Windows, p. 1
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44. Graphical user interface (GUI), p. 1
Consists of procedures which enables you to interact with Peachtree and the Windows operating system. The GUI includes windows, icons, and menus.
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45. Shortcut keys, pp. 4-5
Shortcut keys enable you to perform some operations by pressing two or more keys at the same time. For example, <Alt> + <F4> closes an application window.
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46. Title bar, p. 8
The top line of every window shows Peachtree Accounting and the company name.
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47. Desktop, p. 8
Depending on how your computer is set up, various icons appear on your Windows desktop.
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48. Taskbar, p. 9
In Windows Vista, the Start button and taskbar are located at the bottom of your screen.
In Windows XP, the Start button and taskbar look slightly different.
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49. Icon bar, p. 10
Peachtree uses common symbols to represent tasks: a disk for saving files; a rolodex card for a list; a calendar for an event; question mark for Help; an hourglass to show that the program is waiting for a task to be performed, etc.
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50. Previous or Next Record, p. 12
For the Previous or Next Record, click on either the left arrow for the previous record; or the right arrow for the next record.
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51. Tabs, p. 12
There are various tabs shown on Peachtree’s windows. The Maintain Customer/Prospects window shows tabs for General, Addresses, History, Sales Info and Payment & Credit.
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52. Drop-down list, p. 12
The down arrow means that this field contains a list of information from which you can make a selection.
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53. Global Options, pp
Global options are in effect for all Peachtree companies. See pages 17-18, steps 1-4 for setting PCA’s global options.
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54. Navigation Bar, p. 19
The Navigation Bar appears at the left side of Peachtree’s main window.
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55. Navigation Centers, p. 19
Navigation Bar selections take you to Peachtree’s Navigation Centers. Bellwether Garden Supply’s Employees & Payroll navigation center is shown.
Employees & Payroll
Navigation Center
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56. Backing Up, pp
Backing up your data means saving it to a hard drive, network drive or external media. Refer to pages for Backing up Bellwether Garden Supply.
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57. Windows Explorer, pp
Right-click Start button; left-click Explore.
Use Windows Explorer to determine how much disk space is used, and to locate Peachtree’s program and data folders.
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58. Restore (Peachtree’s Restore Wizard), pp. 28-31
Previously backed up data can be restored or retrieved. To start where you left off the last time you backed up, you use the Restore Wizard. You can restore A New Company or An Existing Company. See pages 28-31, Using Peachtree’s Restore Wizard.
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59. Menu Bar, p. 32
Peachtree’s menu bar has eleven selections: File, Edit, Lists, Maintain, Tasks, Analysis, Options, Reports & Forms, Services, Window, Help.
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60. Ellipsis (…), p. 33
A punctuation mark consisting of three successive periods (…). Choosing a menu item with an ellipsis opens a dialog box.
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61. Dialog box, p. 33
A window that appears when the system requires further information. Some dialog boxes display warnings.
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62. Default, p. 34
Defaults are commands that PCA automatically selects. You can change the default by choosing another command.
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63. Manual vs. Computerized Accounting, p. 47
Manual Accounting Cycle
PCA’s Computer Accounting Cycle
Analyze Transactions.
Create a new company or restore A New Company .
Journalize entries.
Analyze transactions.
Post to the ledger.
Prepare unadjusted trial balance.
Prepare worksheet.
Print general ledger trial balance (unadjusted).
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64. Manual vs. Computerized Accounting, p. 47
Manual Accounting Cycle
PCA’s Computer Accounting Cycle
Prepare financial statements: income statement, statement of changes in owner equity, and balance sheet.
Account reconciliation.
Adjust the ledger accounts: journalize and post adjusting entries.
Journalize and post adjusting entries.
Close the temporary accounts. Journalize and post of closing entries.
Print the general ledger trial balance (adjusted).
Prepare post-closing trial balance.
Print financial statements.
Reverse entries (optional)
Change accounting periods.
Interpret accounting information.
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65. Chapter 1 Internet Activity, p. 48
The Internet is the worldwide electronic communication network that allows for the sharing of information. The World Wide Web (WWW) or Web is a way of accessing information over the Internet. To read about the differences between the Internet and the Web, go to
To make an Internet connection, your computer must be equipped with a modem. The word modem is an abbreviation of Modulator/Demodulator. A modem is a device that translates the digital signals from your computer into analog signals that can travel over telephone lines. There are also DSL (digital subscriber lines), wireless, and cable modems, as well as T-1 lines for faster connections.
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66. Chapter 1 Internet Activity (continued), p. 481.
Start PCA. Open Bellwether Garden Supply. If necessary, connect to your Internet browser. 2.
From Bellwether’s menu bar, select Help; Peachtree on the Web, Product News to go online to (Hint: You must be connected to the Internet.) 3.
Websites are time and date sensitive. When using the Internet, be aware that changes will likely take place. For purposes of this assignment, link to Peachtree’s press releases. When you place your cursor over Press, the cursor changes to a hand symbol ( ); then select Recent Press Releases. The Press Release page appears. The website address is
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67. Internet Activity (concluded), p. 484.
Select two links from the Press Releases page. Using a word processing program, write an essay about each site you selected. Remember to include the website address of each link. Your summary for each site selected should be no more than 100 words or less than 75 words. 5.
From your Internet browser, go to the textbook’s website at Link to Student Edition. 6.
In the Course-wide Content list, link to Part 1 Internet Activities for Chapter Open or save. (You can also choose Chapter 1, then link to Internet Activities (In the Choose a Chapter field, if you select Chapter 1 observe that other chapter-specific links are available; for example, Multiple Choice Quiz, True or False, PowerPoint Presentations and Going to the Net Exercises.) Also observe that Course-wide Content includes a Glossary link. 8.
Complete the first activity, ACCOUNTING MONOPOLY – Chapter 1. This is a group activity. Check with your instructor regarding this assignment.
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68. Going to the Net, p. 49 Access the Career Development website at
Read the article Careers in Accounting & Finance.
What three skills are essential for those seeking careers in accounting and finance?
What is the preferred educational background for an accountant?
List five career opportunities in accounting and finance.
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