which of the following transactions is recorded by selecting the "receive payment " action in quickbooks?
Solution: Selling product for cash is recorded by selecting "Receive payment' action of QuickBooks.
Since under this transaction company receives cash for sale of product or services, it uses receive payment action in QuickBooks.
which of the following transactions is recorded by selecting the "receive payment " action in quickbooks?
Question 35 (Quickbooks) Which of the following transactions is considered a "Vendors and Expenses" transaction? A. Invoice B. Receive Payment C. Pay Bills D. Make Deposit
Question 46 (Quickbooks) Customer transactions include which of the following? A. Write Checks B. Enter Bills C. Pay Bills D. Receive Payments
Question 47 (Quickbooks) Vendor transactions include which of the following? A. Write Checks B. Enter Bills C. Make Deposits D. Receive Payments
which of the following is false a. cash sales for which payment is received immediately do not need to be entered in a QuickBooks window. b. as transactions are recorded in the activities windows, Quick Books simultaneously updates the customer's file in the customer list. c. QuickBooks automatically increases (debits)the accounts receivable acount for sales on account. d.The Invoice window is used to record sales on account.
vvvvvvv Get to Know QuickBooks Better Working Around the Home Page Identify which area of the Home page you would go to perform the following tasks (areas include: Vendors, Customers, Employees, Company, and Banking), as well as the task icon you would choose. (Hint: You may need to utilize the “tool tips” feature.) Task Home Page Area Task Icon Create a bill for a customer to pay at a later date Create invoice customer Write a check to the grocery...
Question 34 (Quickbooks) Which of the following transactions is considered a "Customers and Sales" transaction? A. Invoice B. Purchase Order C. Pay Bills D. Check
please help 10. QuickBooks can handle which of the following types of payment scenarios: a. Prepayment of a product or service b. Down payment towards a product or service c. Overpayments from a customer d. Partial payments from a customer e. All of the above 11. Why would you uncheck the 'Bill Received' checkbox when entering a bill on the 'Enter Bills' Screen? a. To keep inventory up to date when you have received items but have not received the...
Question 41 Which of the following QuickBooks features can be used to save a transaction that will be re-used in the future? A. Saved transactions B. Memorized transactions C. Repeat transactions D. None of the above
10. QuickBooks can handle which of the following types of payment scenarios: a. Prepayment of a product or service b. Down payment towards a product or service c. Overpayments from a customer d. Partial payments from a customer e. All of the above 11. Why would you uncheck the ‘Bill Received’ checkbox when entering a bill on the ‘Enter Bills’ Screen? a. To keep inventory up to date when you have received items but have not received the corresponding bill...
223 QUICKBOOKS ONLINE PLUS: A Complete Course 2017 3.13. A Credit Memo is prepared to record a reduction to a transaction recorded on a(n) A. Sales Receipt B. Invoice c. Deposit Slip D. Payment Receipt 3.14. When payment is made by the customer at the time of the sale, the transaction is recorded on ain) A. Invoice B. Payment Receipt C. Sales Receipt D. Refund Receipt 3.15. When a payment is made for a sale on account, it may be...