Question 36
All of the following are one of the four main categories of transactions in QuickBooks except:
A. |
Owners |
|
B. |
Customers |
|
C. |
Vendors |
|
D. |
Banking |
Option A. Owners is the correct answer.
Owners is not one of the main categories of transaction in Quickbooks. The four main categories of transaction in Quickbook are (i) Customers, (ii) Vendors, (iii) Employees and (iv) Banking
Question 36 All of the following are one of the four main categories of transactions in...
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Main Squeeze had the following transactions as a result of it’s first summer in operation (May through September); a. Paid for $260 worth of advertisements all of which ran during the summer. b. Sold $10,920 worth of lemonade, receiving $9,600 in cash with the rest owed by customers from special catering events. c. Paid $500 for inventory ordered in May, and ordered $3,200 more inventory throughout the season of which all was paid for except $450 outstanding at the end...
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