Bookkeeping professional - Study guides, Class notes & Summaries

Intuit Bookkeeping Professional Certificate Exam Questions With Revised Correct Answers Updated In the first month of operations, Pepper Consulting's total debit entries to the cash account amounted to $900, and the total credit entries to the cash account amounted to $600. The cash account has a: - ANSWER - $300 debit balance Pepper Consulting bought computers with credit from PYO Suppliers and entered the purchase into QuickBooks. The transaction journal for Pepper Con...

Intuit Bookkeeping Professional Certificate Exam Questions With Revised Correct Answers Updated States that an amount can be ignored if its effect on the financial statements is small and not misleading - ANSWER Materiality Principle Once you adopt an accounting principle or method, continue to follow it consistently in future accounting periods so that the results reported from period to period are comparable - ANSWER Consistency Principle One currency is used th...

Intuit Certified Bookkeeping Professional Exam – Questions With Complete Solutions

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©THESTAR 2024/2025 ALL RIGHTS RESERVED 12:54PM. 1 Intuit Bookkeeping Professional Certificate Exam Questions And Answers 2025 Update. What are the 5 Account Types? - Answer- Assets - Liabilities - Equity - Revenue - Expenses What is the accounting formula? - AnswerAssets = Liabilities + Equity What does DEA/LER stand for? - Answer- Debit Expenses and Assets - Credit Liabilities Equity Revenue What are the 5 steps of the Accounting-Cycle? - Answer1. Identify transactions 2. reco...

INTUIT BOOKKEEPING PROFESSIONAL CERTIFICATE EXAM QUESTIONS AND ANSWERS...

Intuit Bookkeeping Exam Update | Intuit Bookkeeping Professional Certificate Exam Questions and Correct Answers Rated A+

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