Quickbooks chapter 8 - Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Quickbooks chapter 8? On this page you'll find 107 study documents about Quickbooks chapter 8.
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QuickBooks Chapter 8 Questions and Answers 100% Pass
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QuickBooks Chapter 8 Questions and 
Answers 100% Pass 
To make sure you are starting in the correct place in the data, display the: 
A)January journal. 
B)Adjusted Trial Balance. 
C)January 1 Trial Balance. 
D)December 1-31 Balance Sheet. 
E)None of the above. C)January 1 Trial Balance 
In Chapter 8, all transactions occur in the month of: 
A)November. 
B)December. 
C)January. 
D)October. 
E)None of the above. C)January 
If you recorded fourth quarter transactions in 2017, January transactions a...
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QuickBooks chapter 8 (2023/2024) Rated A+
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what are the steps to create a profit and loss budget? - gear icon 
- budgeting 
- add budget 
- enter info 
what value do budgets provide a business? - provide internal control over business activities 
- help ID and resolve problems 
why should a business reconcile a checking account? reconciliation helps ID any unusual 
transactions that can be caused by fraud or accounting errors. 
who should prepare a bank reconciliation? someone other than the accountant or bookkeeper 
explain the dif...
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Test Bank For Accounting with QuickBooks 2019 19th Ed Donna Kay
- Exam (elaborations) • 120 pages • 2023
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Computer Accounting with QuickBooks 2019, 19e (Kay) Chapter 3 QuickBooks Transactions 
1) QuickBooks lists include all of the following except: A) Customer List 
B) Item List 
C) Owner List 
D) Vendor List 
Answer: C 
Difficulty: 1 Easy 
Learning Objective: 03-03 QuickBooks Lists 
Accessibility: Keyboard Navigation; Screen Reader Compatible Gradable: automatic 
2) In QuickBooks, information about transactions can be entered in onscreen forms, such as: A) Check 
B) Invoice 
C) Purchase Order 
D) ...
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QuickBooks Chapter 8 - New Company Setup Already Passed
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QuickBooks Chapter 8 - New Company 
Setup Already Passed 
In the Easy Step Interview, you must identify Type of industry, company name, and 
company address. All of these 
Which tax form would you select for a Subchapter S corporation? Form 1120S 
To create a new company data file in QuickBooks, use the: File menu > New Company 
When setting up a new company, QuickBooks automatically creates: Chart of accounts 
To edit an account in the Chart Of Accounts From the chart of accounts window >...
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QuickBooks chapter 8 Rated A+ LATEST UPDATE 2023|2024
- Exam (elaborations) • 3 pages • 2023
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BrittieDonald
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QuickBooks chapter 8 (2022/2023) 
Rated A+ 
what are the steps to create a profit and loss budget? - gear icon 
- budgeting 
- add budget 
- enter info 
what value do budgets provide a business? - provide internal control over business activities 
- help ID and resolve problems 
why should a business reconcile a checking account? reconciliation helps ID any unusual 
transactions that can be caused by fraud or accounting errors. 
who should prepare a bank reconciliation? someone other than the ac...
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QuickBooks Chapter 8 Questions and Answers 100% Pass(23/24)
- Exam (elaborations) • 7 pages • 2023
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You cannot process payroll manually. False 
Once a paycheck has been printed, you may not edit it. False 
Paychecks may be printed only as a batch. False 
A payroll check may never be deleted. False
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QuickBooks chapter 8 (2022/2023) Rated A+
- Exam (elaborations) • 3 pages • 2023
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examthreads
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QuickBooks chapter 8 (2022/2023) 
Rated A+ 
what are the steps to create a profit and loss budget? - gear icon 
- budgeting 
- add budget 
- enter info 
what value do budgets provide a business? - provide internal control over business activities 
- help ID and resolve problems 
why should a business reconcile a checking account? reconciliation helps ID any unusual 
transactions that can be caused by fraud or accounting errors. 
who should prepare a bank reconciliation? someone other than the ac...
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QuickBooks Chapter 7 & 8 Test; Questions with Complete Solutions
- Exam (elaborations) • 16 pages • 2024
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QuickBooks Chapter 7 & 8 Test; Questions with 
Complete Solutions 
A company's computer is classified as what account type: 
a. Expense 
b. Owner's Equity 
c. Fixed Asset 
d. Retained Earnings c. Fixed Asset 
A corporation uses __________ as its Federal Tax ID number. 
a. the owner's social security numbe
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QuickBooks Chapter 7 & 8 Test Latest 2023 Already Passed
- Exam (elaborations) • 18 pages • 2023
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QuickBooks Chapter 7 & 8 Test Latest 2023 Already Passed 
A company's computer is classified as what account type: 
a. Expense 
b. Owner's Equity 
c. Fixed Asset d. Retained Earnings c. Fixed Asset 
A corporation uses __________ as its Federal Tax ID number. 
a. the owner's social security number 
b. an EIN number 
c. business operating license number d. none of these b. an EIN number 
An account period may be: 
a. One quarter 
b. One month 
c. One year d. All of these d. All of these 
Exampl...
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SOLUTIONS MANUAL FOR Payroll Accounting 10th Edition by Landin, Bernard J. Bieg and Bridget Stomberg (2024/2025)
- Exam (elaborations) • 235 pages • 2024
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SOLUTIONS2024
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