Quickbooks chapter 6 - Study guides, Class notes & Summaries
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![QuickBooks Chapter 6 Test (Latest); Questions and Answers](/docpics/6069149/66cc55089422e_6069149_121_171.jpeg)
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QuickBooks Chapter 6 Test (Latest); Questions and Answers
- Exam (elaborations) • 6 pages • 2024
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QuickBooks Chapter 6 Test (Latest); Questions 
and Answers 
The Inventory Part window consists of two sides: one for sales information and 
one for purchase 
information True 
Inventory tracking is automatically activated when you create a company file 
False 
In QuickBooks, non-inventory parts are tracked in the same way as inventory 
parts False 
QuickBooks automatically creates your Sales Tax Liability account for you 
True
![QuickBooks Chapter 6 Test with Certified Solutions](/docpics/4240195/65a62b61a0f1f_4240195_121_171.jpeg)
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QuickBooks Chapter 6 Test with Certified Solutions
- Exam (elaborations) • 5 pages • 2024
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Examsplug
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The Inventory Part window consists of two sides: one for sales information and one for purchase 
information True 
Inventory tracking is automatically activated when you create a company file False
![QuickBooks Chapter 6 Already Graded A](/docpics/64445531b40de_2641417.jpg)
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QuickBooks Chapter 6 Already Graded A
- Exam (elaborations) • 2 pages • 2023
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Available in package deal
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QuickBooks Chapter 6 Already Graded A To enter Vendor and Expense transactions: B. From the Navigation Bar select Expenses>New Transaction 
To enter an Expense transaction: From the Create (+) icon, select Expense 
QuickBooks considers all of the following to be vendors except: Customers purchasing products 
Which of the following is not a vendor transaction? Make Deposits 
We can update the Vendors List at which of the following two points? -Before entering transactions -While entering trans...
![QuickBooks Chapter 6 Questions and Answers Already Passed](/docpics/3386843/64f8c97a08aba_3386843_121_171.jpeg)
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QuickBooks Chapter 6 Questions and Answers Already Passed
- Exam (elaborations) • 6 pages • 2023
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KatelynWhitman
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QuickBooks Chapter 6 Questions and 
Answers Already Passed 
Receipt of purchase order items is never recorded before the bill arrives. False 
A bill can be paid by check or credit card. True 
The Cost of Goods Sold account Merchandise Discounts is used to record discounts to 
customers. False 
Voiding a purchase order removes every trace of the purchase order from the company records. 
False 
The Vendor Center displays the vendor list and information about individual vendors. True 
A single purc...
Receipt of purchase order items is never recorded before the bill arrives. False 
A bill can be paid by check or credit card. True
![QuickBooks Chapter 6 Already Graded A](/docpics/4240137/65a629bb2e56c_4240137_121_171.jpeg)
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QuickBooks Chapter 6 Already Graded A
- Exam (elaborations) • 2 pages • 2024
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Examsplug
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To enter Vendor and Expense transactions: B. From the Navigation Bar select 
Expenses>New Transaction 
To enter an Expense transaction: From the Create (+) icon, select Expense
![QuickBooks Chapter 6 Questions and Answers Already Passed](/docpics/3505095/6512c87c18b60_3505095_121_171.jpeg)
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QuickBooks Chapter 6 Questions and Answers Already Passed
- Exam (elaborations) • 7 pages • 2023
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undisputed47
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The action of sending money in payment of a bill is called a/an: 
a. Activity. 
b. Transaction. 
c. Remittance. 
d. General journal entry. 
e. None. 
Remittance. 
 
Before completing the work within Chapter 6, check your data with the following report: 
a. December 1 Trial Balance. 
b. December 31 Trial Balance. 
c. November 30 P&L. 
d. November 1 Balance Sheet. 
e. None. 
December 1 Trial Balance.
![QuickBooks Chapter 6 Already Graded A](/docpics/3386832/64f8c936b13fd_3386832_121_171.jpeg)
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QuickBooks Chapter 6 Already Graded A
- Exam (elaborations) • 2 pages • 2023
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KatelynWhitman
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QuickBooks Chapter 6 Already Graded A 
To enter Vendor and Expense transactions: B. From the Navigation Bar select 
Expenses>New Transaction 
To enter an Expense transaction: From the Create (+) icon, select Expense 
QuickBooks considers all of the following to be vendors except: Customers purchasing 
products 
Which of the following is not a vendor transaction? Make Deposits
![QuickBooks Chapter 6 Test with Certified Solutions rated A+](/docpics/3386858/64f8c9e4d8c83_3386858_121_171.jpeg)
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QuickBooks Chapter 6 Test with Certified Solutions rated A+
- Exam (elaborations) • 5 pages • 2023
-
KatelynWhitman
-
- $8.49
- + learn more
QuickBooks Chapter 6 Test with 
Certified Solutions 
The Inventory Part window consists of two sides: one for sales information and one for purchase 
information True 
Inventory tracking is automatically activated when you create a company file False 
In QuickBooks, non-inventory parts are tracked in the same way as inventory parts False 
QuickBooks automatically creates your Sales Tax Liability account for you True 
You can set a default tax rate for the company but NOT for individual customers...
![QuickBooks Chapter 6 Test with Certified Solutions](/docpics/3505007/6512c4124b6f0_3505007_121_171.jpeg)
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QuickBooks Chapter 6 Test with Certified Solutions
- Exam (elaborations) • 5 pages • 2023
- Available in package deal
-
undisputed47
-
- $14.49
- + learn more
The Inventory Part window consists of two sides: one for sales information and one for purchase information True 
 
Inventory tracking is automatically activated when you create a company file False 
 
In QuickBooks, non-inventory parts are tracked in the same way as inventory parts False 
 
QuickBooks automatically creates your Sales Tax Liability account for you True
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