Quickbooks chapter 3 exam - Study guides, Class notes & Summaries
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ACCT 1080 EXAM 3 ACCT1080 VERIFIED Q & A (2022-2023).
- Exam (elaborations) • 57 pages • 2022
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PatrickHaller
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ACCT 1080 EXAM 3 (ACCT1080) 
 
 
Key Terms & Definitions: 
•	Direct Write-off Method and Allowance Method. Which does GAAP require? 
•	Cash Ratio. What does a higher number indicate? 
•	Maturity Value of a Note is.. 
•	Acid Test Ratio 
•	Days Sales in Receivables 
•	A/R Turnover Ratio 
 
SAMPLE PROBLEMS: 
Chapter 7	Accounting Information Systems 
 
Learning Objective 7-1 
 
An accounting information system (AIS) collects, records, stores, and processes accounting data to produce info...
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QuickBooks Mayterm Chapter 3 Test Already Passed
- Exam (elaborations) • 5 pages • 2023
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UndisputedPundit
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1: The Navigation bar is where the link to the Sales center is located. True 
 
2: You can create a statement, receipt, invoice, or other transaction using the Action menu in the Sales center. True 
 
3: A sales transaction can only be recorded when the customer pays for the product or service at the time of the sale. False
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QuickBooks Online - Chapter 3 Already Passed
- Exam (elaborations) • 2 pages • 2023
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GONZOGEEK
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Transactions Report Transactions for an account for a specified date 
Trial Balance A listing of the debit or credit balances as of a specific date 
Journal Entry Commonly used to adjust accounts 
Opening Balance Equity Account used to offset beginning balances adjustments
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ACCT 1080 EXAM 3 ACCT1080 VERIFIED Q & A (2022-2023)
- Exam (elaborations) • 57 pages • 2022
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PatrickHaller
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- $18.49
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ACCT 1080 EXAM 3 ACCT1080 
VERIFIED 
Q & A 
2022-2023 
 
 
 
 
ACCT 1080 EXAM 3 (ACCT1080) 
 
 
Key Terms & Definitions: 
•	Direct Write-off Method and Allowance Method. Which does GAAP require? 
•	Cash Ratio. What does a higher number indicate? 
•	Maturity Value of a Note is.. 
•	Acid Test Ratio 
•	Days Sales in Receivables 
•	A/R Turnover Ratio 
 
SAMPLE PROBLEMS: 
Chapter 7	Accounting Information Systems 
 
Learning Objective 7-1 
 
An accounting information system (AIS) collect...
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QuickBooks Online - Chapter 3 Already Passed
- Exam (elaborations) • 2 pages • 2023
-
UndisputedPundit
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- $7.49
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Transactions Report Transactions for an account for a specified date 
 
Trial Balance A listing of the debit or credit balances as of a specific date 
 
Journal Entry Commonly used to adjust accounts

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QuickBooks Online - Chapter 3 Already Passed
- Exam (elaborations) • 2 pages • 2023
- Available in package deal
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undisputed47
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- $10.49
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Transactions Report Transactions for an account for a specified date 
 
Trial Balance A listing of the debit or credit balances as of a specific date 
 
Journal Entry Commonly used to adjust accounts 
 
Opening Balance Equity Account used to offset beginning balances adjustments

-
ACCT 1080 EXAM 3 ACCT1080 VERIFIED Q & A 2022-2023
- Exam (elaborations) • 57 pages • 2022
-
NewMatic
-
- $18.49
- + learn more
ACCT 1080 EXAM 3 (ACCT1080) 
 
 
Key Terms & Definitions: 
•	Direct Write-off Method and Allowance Method. Which does GAAP require? 
•	Cash Ratio. What does a higher number indicate? 
•	Maturity Value of a Note is.. 
•	Acid Test Ratio 
•	Days Sales in Receivables 
•	A/R Turnover Ratio 
 
SAMPLE PROBLEMS: 
Chapter 7	Accounting Information Systems 
 
Learning Objective 7-1 
 
An accounting information system (AIS) collects, records, stores, and processes accounting data to produce info...
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BUS 198 Final Exams March 18, 2021 COMPLETE EXAM QUESTIONS AND 100% CORRECT ANSWERS Long Island Business Institute
- Exam (elaborations) • 14 pages • 2021
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smartzone
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BUS 198 Final Exams March 18, 2021 COMPLETE EXAM QUESTIONS AND 100% CORRECT ANSWERS Long Island Business Institute 
 
Name: XU XU (93021) 
March 18, 2021 
Instructions: Please highlight your answers in BOLD or COLOR PRINT. For fill-ins, please make sure the words are spelled correctly. Please answer ALL questions.‘`` 
 
1.	Which of the following statements about today's job market is most accurate? 
a.	Today's job market remains stable and remarkably similar to the job market ten years ago. ...
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