For Accounting Periods select the default 12 monthly accounting periods 5. Select default Set up a new company based on one of several sample companies 1. Select PARTNERSHIP as the form of business type. Use 9800 College Way North, Seattle, WA 98103 as address. Write down your NAMELDJ_Law Firm as you will have to retrieve this precise file. ![]() In company name cell, select a name which contains your last name. Go through the New Company Setup - Introduction Wizard 1. ![]() Select Peachtree Complete Accounting Educational Version 4. In this short exercise the student will create a chart of accounts for a new company and save the files to disk for later use in journalizing transactions and preparing financial statements. Once the chart of accounts is created, journal entries can be entered and financial statements can be quickly and easily prepared. It allows the user to quickly and easily create a chart of accounts for a new company. Peachtree is a popular accounting software program used by many different kinds of organizations. Transcribed image text: Peachtree Exercise NEW COMPANY (Legal Firm) PRÁCTICA V-PARTNERSHIP 1.
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