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Bookkeeping with Quickbooks Exam Questions and Answers 100% Solved $9.99
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Bookkeeping with Quickbooks Exam Questions and Answers 100% Solved
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Bookkeeping with Quickbooks Exam Questions and Answers 100% Solved you're ready to create a new company file. which of the following quickbooks features should you use? - EasyStep interview ace just bought a new vehicle for the company. what account type should you use to track the value of a ...

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  • September 26, 2024
  • 13
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • bookkeeping with quickbooks

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  • Bookkeeping
  • Bookkeeping

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Bookkeeping with Quickbooks Exam

Questions and Answers 100% Solved


you're ready to create a new company file. which of the following

quickbooks features should you use? - ✔✔EasyStep interview

ace just bought a new vehicle for the company. what account type should

you use to track the value of a vehicle he has purchased? - ✔✔Fixed Asset

in quickbooks, the book value of a fixed asset account is represented by

the sum if its cost and which subaccount? - ✔✔Accumulated Depreciation

which account in quickbooks will help you track bills ace receives from his

vendors? - ✔✔accounts payable

which of the following best describes a purchase order? - ✔✔a document

indicating that you have ordered products or services from a vendor ahead

of delivery

ace receives a customer payment for a completed job. when you enter the

customer payment in quickbooks, the payment is first recorded to which of

the following accounts? - ✔✔undeposited funds

, ace has completed his first month of business and wants to see how he's

doing. which of the following quickbooks preset reports will show his

company's financial position is that (or ant) moment in time? - ✔✔balance

sheet

ace is trying to learn more about quickbooks files and calls his accountant.

the first thing he wants to know is the difference between a portable file and

an accountant copy. if his accountant knows his stuff, what would he

answer? - ✔✔an accountant's copy allows the user to still work in the file

while the accountant also makes entries

ace is interested in offering all nikon digital cameras at 20% off as a

summer promotion hat would you do in Quickbooks to account for this

sale? - ✔✔change the price of the items in the change item Prices window

the fiscal year for ace photography has come to an end qhat so you do in

QuickBooks to close the books - ✔✔set a closing date password

ace is interested in giving a discount to some of his loyal customers ad he

doesn't need to teach this information which of the following would you

create in Quickbooks to grant the discount? - ✔✔a fixed percentage price

level

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