Quickbooks chapter 1 test - Study guides, Class notes & Summaries

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QuickBooks Chapter 07 Test with Certified Solutions
  • QuickBooks Chapter 07 Test with Certified Solutions

  • Exam (elaborations) • 4 pages • 2023
  • QuickBooks Chapter 07 Test with Certified Solutions 1.The Cost of Goods Sold in the Profit and Loss account increases when you sell a product. True 2: There is no limit to the number of inventory products you can enter in QuickBooks Online. True 3: The difference between the cost and the sales price is an expense. false 4: You can verify goods were NOT received without applying the receipt of inventory to a purchase order. true 5: QuickBooks Online can receive incomplete orders by leavi...
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QuickBooks Mayterm Chapter 3 Test Already Passed
  • QuickBooks Mayterm Chapter 3 Test Already Passed

  • Exam (elaborations) • 5 pages • 2023
  • QuickBooks Mayterm Chapter 3 Test Already Passed 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 4: The sales form settings can be found in Account and Settings under the Your Company heading. True 5: You cannot change ...
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QuickBooks Chapter 1 Test Exam Latest Update with 100% Verified Solutions ||Graded A+ (2024)!!!
  • QuickBooks Chapter 1 Test Exam Latest Update with 100% Verified Solutions ||Graded A+ (2024)!!!

  • Exam (elaborations) • 5 pages • 2024
  • Data entry is the same in QuickBooks whether you use accrual or cash basis accounting True Always back up your company file to a location NOT on the same hard drive as the original file True The cash basis accounting means the sale transaction is recorded when the sale is made, and expenses are recorded when they are incurred False QuickBooks for Mac has the same basic look as the Windows version, but the functions are different False Leann works for a nonprofit organization. At a past j...
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QuickBooks Chapter 07 Test with Certified Solutions GRADED A+ 2023|2024
  • QuickBooks Chapter 07 Test with Certified Solutions GRADED A+ 2023|2024

  • Exam (elaborations) • 4 pages • 2023
  • QuickBooks Chapter 07 Test with Certified Solutions 1.The Cost of Goods Sold in the Profit and Loss account increases when you sell a product. True 2: There is no limit to the number of inventory products you can enter in QuickBooks Online. True 3: The difference between the cost and the sales price is an expense. false 4: You can verify goods were NOT received without applying the receipt of inventory to a purchase order. true 5: QuickBooks Online can receive incomplete orders by leavi...
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QuickBooks Chapter 1 Test Latest  Update with Verified Solutions
  • QuickBooks Chapter 1 Test Latest Update with Verified Solutions

  • Exam (elaborations) • 5 pages • 2023
  • Data entry is the same in QuickBooks whether you use accrual or cash basis accounting True Always back up your company file to a location NOT on the same hard drive as the original file True The cash basis accounting means the sale transaction is recorded when the sale is made, and expenses are recorded when they are incurred False
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QuickBooks Chapter 1 Test Latest  Update with Verified Solutions
  • QuickBooks Chapter 1 Test Latest Update with Verified Solutions

  • Exam (elaborations) • 5 pages • 2023
  • Data entry is the same in QuickBooks whether you use accrual or cash basis accounting True Always back up your company file to a location NOT on the same hard drive as the original file True The cash basis accounting means the sale transaction is recorded when the sale is made, and expenses are recorded when they are incurred False QuickBooks for Mac has the same basic look as the Windows version, but the functions are different False
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QuickBooks Mayterm Chapter 3 Test GRADED A+ 2023|2024 LATEST UPDATE
  • QuickBooks Mayterm Chapter 3 Test GRADED A+ 2023|2024 LATEST UPDATE

  • Exam (elaborations) • 5 pages • 2023
  • QuickBooks Mayterm Chapter 3 Test Already Passed 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 4: The sales form settings can be found in Account and Settings under the Your Company heading. True 5: You cannot change ...
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 ACCT 1080 EXAM 3 ACCT1080 VERIFIED Q & A (2022-2023).
  • ACCT 1080 EXAM 3 ACCT1080 VERIFIED Q & A (2022-2023).

  • Exam (elaborations) • 57 pages • 2022
  • 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: Chapter 1 Questions and  Answers Passed with 100% (23/24)
  • QuickBooks: Chapter 1 Questions and Answers Passed with 100% (23/24)

  • Exam (elaborations) • 5 pages • 2023
  • hat are the 3 types of quickbooks files? data, portable, and backup which file should we work in? portable define data file "QBW"- to enter data or create reports define backup file (.QBB)- a condensed, stable version of the data file and restore into a .QBW file before using define portable file .QBM- very condensed, helps move your quickbooks to another computer and restore before using what are the option that come with backup files? accountant's copy and backup cop
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QuickBooks Online - Chapter 1 Already  Passed
  • QuickBooks Online - Chapter 1 Already Passed

  • Exam (elaborations) • 2 pages • 2023
  • QBO Online version of QuickBooks QBDT Windows Desktop version of QuickBooks Gear Icon Click to add your instructor as your accountant Welcome Guide Provides tasks to help you get started Navigation Bar On the left of the Home page, it shows a menu of items
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