QuickBooks Chapter 06 Questions and Answers Already Passed
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Course
Quickbooks
Institution
Oxford University (OX)
1. Before completing the work within Chapter 6, check your data with the following report:
a. December 1 Trial Balance.
b. December 31 Trial Balance.
c. November 30 P&L.
d. November 1 Balance Sheet.
e. None. December 1 Trial Balance.
2. The action of sending money in payment of a bill is ca...
QuickBooks Chapter 06 Questions and
Answers Already Passed
1. Before completing the work within Chapter 6, check your data with the following report:
a. December 1 Trial Balance.
b. December 31 Trial Balance.
c. November 30 P&L.
d. November 1 Balance Sheet.
e. None. ✔✔December 1 Trial Balance.
2. The action of sending money in payment of a bill is called a/an:
a. Activity.
b. Transaction.
c. Remittance.
d. General journal entry.
e. None. ✔✔Remittance.
3. After analyzing each source document, record the appropriate __________________:
a. Transfer.
, b. Transaction.
c. Trial balance.
d. Customized report.
e. None. ✔✔Transaction.
4. Receiving payment from a customer is recorded in the following way:
a. Customers page > select customer > Receive Payment.
b. Create menu (+) > Receive Payment.
c. Receive payment from the Customers page or the Create menu.
d. Gear icon > Account and Settings > Advanced.
e. None. ✔✔Receive payment from the Customers page or the Create menu.
5. Who sends verification of credit card receipts?
a. Customers.
b. Vendors.
c. Clients.
d. Bank.
e. None. ✔✔Bank.
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