Multiple Choice
To record adjusting journal entries in QuickBooks,select:
A) Company Center > Journal Entry icon
B) Accountant Menu > Make General Journal Entries
C) Banking section of the Home Page > Journal Entry icon
D) Company section of the Home Page > Journal Entry icon
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Adjusting entries are used to:<br>A)Close temporary accounts
Q2: Sales are recorded under cash basis accounting
Q4: Prepaid items for which adjusting entries may
Q5: What is the difference between the cash
Q6: Types of adjusting entries include all of
Q7: The Trial Balance:<br>A)Lists all the company's accounts,all
Q8: Unearned revenue occurs when:<br>A)Customers pay after receiving
Q9: Adjusting entries for accrued expenses typically include
Q10: Adjusting entries for accrued revenues typically include
Q11: What is an asset?<br>A)What remains after the