Question 1

Opening balances are added to _____accounts.

Accepted Answer

A) Income 
B) Expense 
C) New 
D) Balance Sheet 
A) Income 
B) Expense 
C) New 
D) Balance Sheet

Question 2

Report formats may be customized permanently by_____ .

Accepted Answer

A) Clicking Company Info icon 
B) Customizing the business form 
C) Changing Reports & Graphs preferences 
D) Accessing QuickBooks Setup. 
A) Clicking Company Info icon 
B) Customizing the business form 
C) Changing Reports & Graphs preferences 
D) Accessing QuickBooks Setup.

Question 3

Income and Expense Accounts may be added or deleted when using the____________ to create a company.

Accepted Answer

The answer of Income and Expense Accounts may be added...

Question 4

Accounts that are listed individually but are grouped together under a main account are called____ .

Accepted Answer

A) Detail accounts 
B) Subaccounts 
C) Lower accounts 
D) Secondary accounts 
A) Detail accounts 
B) Subaccounts 
C) Lower accounts 
D) Secondary accounts

Question 5

The start date is the date you select to begin tracking financial information for your company in QuickBooks.

Accepted Answer

A) True 
 B)False

Opening balances are added to _____accounts.

Report formats may be customized permanently by_____ .

Income and Expense Accounts may be added or deleted when using the____________ to create a company.

Accounts that are listed individually but are grouped together under a main account are called____ .

The start date is the date you select to begin tracking financial information for your company in QuickBooks.

Introduction to Quickbooks 2018 and Company Files

Sales and Receivables: Service Business

Payables and Purchases: Service Business

General Accounting and End-Of- Period Procedures: Service Business

Sales and Receivables: Merchandising Business

Payables and Purchases: Merchandising Business

General Accounting and End-Of-Period Procedures: Merchandising Business

Payroll

Desktop Accounting System: Features and Functionality Overview

Filters

Exam 9: Creating a Company in Quickbooks

Opening balances are added to _____accounts.

Report formats may be customized permanently by_____ .

Income and Expense Accounts may be added or deleted when using the____________ to create a company.

Accounts that are listed individually but are grouped together under a main account are called____ .

The start date is the date you select to begin tracking financial information for your company in QuickBooks.

Introduction to Quickbooks 2018 and Company Files

Sales and Receivables: Service Business

Payables and Purchases: Service Business

General Accounting and End-Of- Period Procedures: Service Business

Sales and Receivables: Merchandising Business

Payables and Purchases: Merchandising Business

General Accounting and End-Of-Period Procedures: Merchandising Business

Payroll

Desktop Accounting System: Features and Functionality Overview

Filters