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QuickBooks Online
Question:
On the Chart of Accounts, why are the category and detail type
selections important? To explain the category and detail types, use
3 accounts – one asset, one liability, and one expense account.
Identify the Category Type, Detail Type, Name, Number and financial
statement.
Here are some examples of accounts the textbook shows:
Detail Type Name Prepaid Expenses Prepaid Rent Number 123 Category Type Other Current Assets Other Current Liabilities Loan Payable Loan Payable 205 Income 403...
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MULTIPLE CHOICE QUESTIONS for intuit
quickbooks
Which form should be used to pay a vendor for a cash purchase?
Write Cheques
Pay Vendor
Pay Bills
Enter Bills
How are the bills to be paid listed by default?
By date due
Alphabetically by vendor name
By invoice number
By amount due
Where is the Vendor List located?
On the Home window
In the Company Snapshot
In the Vendor Centre
On the Company Menu
When entering vendor information, which key should you...
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Quich Books tAss M MULTIPLE CHOICE (2 PTS EACH) CHOOS THE BEST ANSWER 1. The Banking section of the Home Page includes which flow chart? A. Payroll flowchart B. Bank Reconciliation flowchart C. Bill Pay flow chart D. None of these 2. Which financial statement below summarizes the financial position of a company? A. Statement of Cash Flows B. Profit &Loss Statement C. Balance Sheet D. Income Statement Which financial statement below summarizes a company's earnings? A. Statement of Cash...
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Excercise 3-1,3-2,3-8
On June 1, Campbell Corpua in the amount of $50,000. Using the formats sho to record this transaction in a general journal and pos accounts. The entry will be recorded on page 7 of the general journal. Use what numbers you like in the general ledger. Assume that none of the accounts to be debited ost it to the appiupiaie geheral whatever a If at a later date, you wanted to review this transaction, would you examine ledger...
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please help me do all question , i need it by 5 PM
2. Given the following, what is the amount of Capital? Assets: Premises $20,000; Inventory $8,500; Cash $100. Liabilities: Accounts payable $3,000; Loan from A.Adams $4,000 $21,100 b. $21,600 c. $32,400 3. d. $21,400 A debit balance of $100 in a cash account shows that: 2. There was $100 cash in hand b. Cash has been overspent by $100 $100 was the total of cash paid out d....
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Ravi is an experienced mechanic who has worked for many years at
major automotive dealerships and garages servicing a wide range of
vehicles and has been certified by multiple automotive brands in
the servicing of their respective vehicle ranges. He has now saved
enough money to start a business of his own, which has been his
dream for several years.
Rather than start a business from the ground up, Ravi found a
reputable garage that was put up for sale...
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How can we assess whether a project is a success or a
failure?
This case presents two phases of a large business transformation project involving the implementation of an ERP system with the aim of creating an integrated company. The case illustrates some of the challenges associated with integration. It also presents the obstacles facing companies that undertake projects involving large information technology projects. Bombardier and Its Environment Joseph-Armand Bombardier was 15 years old when he built his first snowmobile...
QuickBooks Online
Question:
On the Chart of Accounts, why are the category and detail type
selections important? To explain the category and detail types, use
3 accounts – one asset, one liability, and one expense account.
Identify the Category Type, Detail Type, Name, Number and financial
statement.
Here are some examples of accounts the textbook shows:
Detail Type Name Prepaid Expenses Prepaid Rent Number 123 Category Type Other Current Assets Other Current Liabilities Loan Payable Loan Payable 205 Income 403...
Quich Books tAss M MULTIPLE CHOICE (2 PTS EACH) CHOOS THE BEST ANSWER 1. The Banking section of the Home Page includes which flow chart? A. Payroll flowchart B. Bank Reconciliation flowchart C. Bill Pay flow chart D. None of these 2. Which financial statement below summarizes the financial position of a company? A. Statement of Cash Flows B. Profit &Loss Statement C. Balance Sheet D. Income Statement Which financial statement below summarizes a company's earnings? A. Statement of Cash...
Excercise 3-1,3-2,3-8
On June 1, Campbell Corpua in the amount of $50,000. Using the formats sho to record this transaction in a general journal and pos accounts. The entry will be recorded on page 7 of the general journal. Use what numbers you like in the general ledger. Assume that none of the accounts to be debited ost it to the appiupiaie geheral whatever a If at a later date, you wanted to review this transaction, would you examine ledger...
please help me do all question , i need it by 5 PM
2. Given the following, what is the amount of Capital? Assets: Premises $20,000; Inventory $8,500; Cash $100. Liabilities: Accounts payable $3,000; Loan from A.Adams $4,000 $21,100 b. $21,600 c. $32,400 3. d. $21,400 A debit balance of $100 in a cash account shows that: 2. There was $100 cash in hand b. Cash has been overspent by $100 $100 was the total of cash paid out d....
How can we assess whether a project is a success or a
failure?
This case presents two phases of a large business transformation project involving the implementation of an ERP system with the aim of creating an integrated company. The case illustrates some of the challenges associated with integration. It also presents the obstacles facing companies that undertake projects involving large information technology projects. Bombardier and Its Environment Joseph-Armand Bombardier was 15 years old when he built his first snowmobile...