Quickbooks chapter 5 test - Study guides, Class notes & Summaries

Only bank accounts are available in the Banking center in QuickBooks Online. false The For Review folder in the Banking center is for all the transactions that need to be reviewed and matched. true Undeposited Funds is a unique asset account to hold funds that have been received but have not yet been deposited into a bank account. true Bank feeds can be set up only for the business's bank accounts. false

Purchase Order A formal means to order products from vendors Due on Receipt Terms that provide no credit Bill An invoice sent by a vendor to a customer Net 30 Pay a bill within 30 days after the bill date

TEST BANK FOR COMPUTER ACCOUNTING WITH QUICKBOOKS ONLINE 1ST EDITION DONNA KAY 1 Copyright 2019 © McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Computer Accounting with QuickBooks Online, 1e (Kay) Chapter 2 QBO Chart of Accounts 1) Which of the following statements is not true regarding QBO subaccounts? A) QBO automatically sets up Subaccounts commonly used by companies. B) QBO permits the u...

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. ...