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QuickBooks Chapter 2 Test Latest Update Graded A+ £8.01   Add to cart
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QuickBooks Chapter 2 Test Latest Update Graded A+
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Subitems do NOT affect the accounting behind the scenes True To edit an existing transaction in QuickBooks, you void it and the re-create it False Lists in QuickBooks are used for storing your list of accounts False You CANNOT add information to a customer entry; you must enter the informati...

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  • September 16, 2023
  • 7
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

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QuickBooks Chapter 5 Questions and
Answers 100% Pass
Before adding customers, check quickbooks:

A) vendors

B) inventory

C) accounts and settings


D) products and services list ✔✔C) accounts and settings




The customer page includes the:

A)Adding a new customer.

B)Customer list.

C)Create invoice.

D)Export to Excel.


E)All. ✔✔E)All




When cash sales are recorded, use:

A)Invoice.

B)Bill.

, C)Customer payment.

D)Sales Receipt.


E)None. ✔✔D)Sales Receipt




What customers owe your business is known as:

A)Accounts payable.

B)Invoices.

C)Accounts receivable.

D)Account register.


E)All. ✔✔C)Accounts receivable




The following transaction affects the customer's balance:

A)Credit memo.

B)A/P transaction.

C)Bill.

D)Register.


E)None. ✔✔A)Credit memo

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