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QuickBooks (2024/25) ; Questions with Verified Answers

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QuickBooks (2024/25) ; Questions with Verified Answers What are the two methods of New Company Setup in QuickBooks? Detailed Start and Express Start What is the QuickBooks EasyStep Interview window designed to do? helps you create and set up a new company file In addition to selecting...

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  • August 26, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • quickbooks 202425 questions
  • questions with verified answers

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  • QuickBooks
  • QuickBooks

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QuickBooks (2024/25) ; Questions with
Verified Answers
What are the two methods of New Company Setup in QuickBooks? ✔✔Detailed

Start and


Express Start


What is the QuickBooks EasyStep Interview window designed to do? ✔✔helps

you create and


set up a new company file


In addition to selecting the method of New Company Setup, what is the

QuickBooks Setup


window designed to do? ✔✔allows you to enter information on customers,

vendors, service


items, and inventory part items


After completing the EasyStep Interview and QuickBooks Setup windows

✔✔you then take the


information and customize it, update it, and prepare the company file for the

accrual basis of

accounting

, QuickBooks (2024/25) ; Questions with
Verified Answers
In a manual accounting system, a company's records are set up by creating ✔✔a

Chart of


Accounts and general ledger.


In QuickBooks, a company's records are set up by doing all of the following

except


✔✔preparing an income tax return


To create a new company file, you choose ____ from the main menu bar, then

click ____.


✔✔File, New Company


When you choose to create a new company file in QuickBooks, which is the first

window that


appears? ✔✔QuickBooks Setup window


If you choose the Detailed Start method of New Company Setup, which window

are you then


moved to? ✔✔EasyStep Interview window

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