Bookkeeping professional - Study guides, Class notes & Summaries

Intuit Bookkeeping Exam Update 2024- 2025 | Intuit Bookkeeping Professional Certificate Exam Questions and Correct Answers Rated A+

Intuit Bookkeeping Professional Certificate 2024/25

INTUIT BOOKKEEPING PROFESSIONAL CERTIFICATE EXAM LATEST LATEST EXAM QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT) ALREADY GRADED A+ INTUIT BOOKKEEPING PROFESSIONAL CERTIFICATE EXAM LATEST LATEST EXAM QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT) ALREADY GRADED A+

The Accounting Principle - You can't mix business and personal assets or expenses. Accounting Equation - Assets = Liabilities + Owner's Equity or Assets - Liabilities = Owner's Equity Expanded Accounting Equation - Assets = Liabilities + Equity + Revenue - Expenses - Dividends The Five Account Types - Assets, Liabilities, Equity, Revenue, Expenses Normal balance of the five account types - Assets- Normal Dr balance Expenses- Normal Dr balance Dividends- Normal Dr balance Equity- Nor...

Intuit Certified Bookkeeping Professional Project Workbook First Edition Table of Contents Introduction 1 Best Practices Using LearnKey’s Online Training 2 Using This Workbook 3 Skills Assessment 4 Intuit Certified Bookkeeping Professional Video Times 5 Domain 1 Lesson 1 6 Fill-in-the-Blanks 7 Ethical Responsibilities 8 Accounting Equation 9 Important Financial Reports 10 Double-Entry Accounting and T-Accounts 11 Transaction Journal and General Ledger 12 Domain 1 Lesson 2 13 ...

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...