Question 1

Before making adjusting entries you must:

Accepted Answer

A) Close permanent accounts 
B) Prepare the trial balance 
C) Close temporary accounts 
D) Print the balance sheet 
A) Close permanent accounts 
B) Prepare the trial balance 
C) Close temporary accounts 
D) Print the balance sheet

Question 2

To print the entire Journal, select:

Accepted Answer

A) Report Center > Accountant & Taxes > Journal 
B) Company Center > Company & Financials > Journal 
C) Report Center > Company & Financials > Journal 
D) Company Center > Accountant & Taxes > Journal 
A) Report Center > Accountant & Taxes > Journal 
B) Company Center > Company & Financials > Journal 
C) Report Center > Company & Financials > Journal 
D) Company Center > Accountant & Taxes > Journal

Question 3

Deposits may be recorded using the:

Accepted Answer

A) Check Register window 
B) Write Checks window 
C) Reconcile window 
D) Print Checks window 
A) Check Register window 
B) Write Checks window 
C) Reconcile window 
D) Print Checks window

Question 4

To record a cash purchase, use the:

Accepted Answer

A) Pay Bills 
B) Write Check 
C) Purchase Order 
D) None of these 
A) Pay Bills 
B) Write Check 
C) Purchase Order 
D) None of these

Question 5

To print the Trial Balance, select:

Accepted Answer

A) Report Center > Accountant & Taxes 
B) Company Center > Company & Financials 
C) Report Center > Company & Financials 
D) Company Center > Accountant & Taxes 
A) Report Center > Accountant & Taxes 
B) Company Center > Company & Financials 
C) Report Center > Company & Financials 
D) Company Center > Accountant & Taxes

Question 6

When customer payments are recorded in the Receive Payments window, QuickBooks records:

Accepted Answer

A) An increase in the Checking account 
B) An increase in Sales 
C) An increase in Accounts Receivable 
D) An increase in Undeposited Funds account 
A) An increase in the Checking account 
B) An increase in Sales 
C) An increase in Accounts Receivable 
D) An increase in Undeposited Funds account

Question 7

To email an invoice, click the Email icon on the top of the Create Invoices window. Then:

Accepted Answer

A) Click the Vendor List 
B) Select Customer List and Select Email Choices 
C) Select Email Invoice if you use Yahoo only 
D) Select Email Invoice>Yes> Click Choose Your Email Method 
A) Click the Vendor List 
B) Select Customer List and Select Email Choices 
C) Select Email Invoice if you use Yahoo only 
D) Select Email Invoice>Yes> Click Choose Your Email Method

Before making adjusting entries you must:

To print the entire Journal, select:

Deposits may be recorded using the:

To record a cash purchase, use the:

To print the Trial Balance, select:

When customer payments are recorded in the Receive Payments window, QuickBooks records:

To email an invoice, click the Email icon on the top of the Create Invoices window. Then:

Quick Tour of Quickbooks 2011

Customizing Quickbooks and the Chart of Accounts

Banking

Customers and Sales

Vendors, Purchases, and Inventory

Employees and Payroll

Reports and Graphs

New Company Setup

Merchandising Corporation: Sales, Purchases and Inventory

Merchandising Corporation: Payroll

Advanced Quickbooks Features for Accountants

Filters

Exam 9: Accounting for a Service Company

Before making adjusting entries you must:

To print the entire Journal, select:

Deposits may be recorded using the:

To record a cash purchase, use the:

To print the Trial Balance, select:

When customer payments are recorded in the Receive Payments window, QuickBooks records:

To email an invoice, click the Email icon on the top of the Create Invoices window. Then:

Quick Tour of Quickbooks 2011

Customizing Quickbooks and the Chart of Accounts

Banking

Customers and Sales

Vendors, Purchases, and Inventory

Employees and Payroll

Reports and Graphs

New Company Setup

Merchandising Corporation: Sales, Purchases and Inventory

Merchandising Corporation: Payroll

Advanced Quickbooks Features for Accountants

Filters