Quickbooks ith verif Study guides, Class notes & Summaries
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QuickBooks Chapter 1 Test Latest Update with Verified Solutions
- Exam (elaborations) • 5 pages • 2023
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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 jo...
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