Quickbooks chapter 2 quiz Study guides, Class notes & Summaries
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QuickBooks Quiz Chapter 8 (2022/2023) Already Passed
- Exam (elaborations) • 6 pages • 2023
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QuickBooks Quiz Chapter 8 (2022/2023) Already Passed The company that hires the workers is referred to as the employer 
A(n) ____ is the person hired by a company who will receive salary or wages on a regular basis. employee 
Payroll involves all of the following except preparing a spreadsheet with government agencies names and addresses. 
Withholdings generally refer to the payroll taxes the employer is required to take out of the employee's paycheck and submit to the appropriate government ag...
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QuickBooks Chapter 2 Test Latest Update Graded A+(23/24)
- Exam (elaborations) • 5 pages • 2023
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Subitems do NOT affect the accounting behind the scenes True 
To edit an existing transaction in QuickBooks, you void it and the re-create it False 
Lists in QuickBooks are used for storing your list of accounts False 
You CANNOT add information to a customer entry; you must enter the information into a job 
False 
You CANNOT edit a customer record after it has been created False
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QuickBooks Chapter 2 Questions and Answers Already Graded A+(23/24)
- Exam (elaborations) • 5 pages • 2023
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How are bank charges, which have not been recorded in QBO, classified? Bank charges 
which have not yet been recorded in QBO are not recognized and are temporarily 
classified as Uncategorized Expense. 
How are bank deposits, which have not been recorded in QBO, classified? 
Select one: 
a. Bank deposits which have not yet been recorded in QBO are temporarily classified as To Be 
Categorized Income. 
b. Bank deposits which have not yet been recorded in QBO are recognized and classified as 
Un...
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QuickBooks Online - Chapter 2 Questions and Answers Graded A+(23/24)
- Exam (elaborations) • 2 pages • 2023
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Navigation Bar Used to access a list of sales and expense transactions 
Amy's Bird Sanctuary A customer in the Sample Company 
Brosnahan Insurance Agency A vendor in the Sample Company 
Recognizing Matching a banking transaction with a QBO transaction 
Uncategorized Income Bank deposits not yet recognized 
Uncategorized Expense Bank charges not yet recognized
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QuickBooks Online - Chapter 2 Questions and Answers Graded A+(23/24)
- Exam (elaborations) • 2 pages • 2023
-
- $8.89
- + learn more
Navigation Bar Used to access a list of sales and expense transactions 
Amy's Bird Sanctuary A customer in the Sample Company 
Brosnahan Insurance Agency A vendor in the Sample Company 
Recognizing Matching a banking transaction with a QBO transaction 
Uncategorized Income Bank deposits not yet recognized 
Uncategorized Expense Bank charges not yet recognized
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