Question

QuickBooks

Automatic calculation and posting controls – Rock Castle Construction

*Open the Enter Bills window and select the Items tab. Enter the following for the vendor Patton Hardware Supplies, but do not save the transaction: Open the Enter Bills window and select the Items tab. Enter the following for the vendor Patton Hardware Supplies, but do not save the transaction: ~Light Pine Cabinets for Item and 2 for Qty. ~Doorknobs Std for Item and 5 for Qty.

REQUIRED: Which of the following is a true statement related to the automatic calculation and posting controls resulting from the entries you made for the items to be purchased from Patton Hardware Supplies? Please add checkmark next to the correct answer(s).

1 The Amount box contents are the result of an automatic entry control.

2 The Amount Due box contents are the result of an automatic calculation control.

3 The Amount box contents are the result of an automatic calculation control.

4 Both 2 and 3 are correct.

5 None of the above are correct.

Answer 1

Which of the following is a true statement related to the automatic calculation and posting controls resulting from the entries you made for the items to be purchased from Patton Hardware Supplies?

Answer: 4 Both 2 and 3 are correct.

2. The Amount Due box contents are the result of an automatic calculation control.

3. The Amount box contents are the result of an automatic calculation control.