Quickbooks Certification Study guides, Class notes & Summaries

QuickBooks Certification Exam Study Guide 125 Questions with Verified Answers Why would you hide or collapse sub accounts on a report? - CORRECT ANSWER To temporarily hide unnecessary detail and hide parent accounts What should you do after you click save & close on a customer credit memo? - CORRECT ANSWER Choose between retained as an available credit, give a refund or apply to an invoice Which of the following CAN be memorized in quickbooks? - CORRECT ANSWER check Which is NOT show...

QuickBooks Certification Exam Practice 111 Questions with Verified Answers Which of the following should you do at the end of an accounting period? - CORRECT ANSWER all of the above: - reconcile cash, credit card, and loan accounts against period-end statements - run reports for the period and verify their accuracy - enter depreciation entries which of the following is true? - CORRECT ANSWER the total credits must match the total debits in each general journal entry when might you ne...

1) Shows assets, liabilities, and equity at one point in time 2) Used to understand changes in revenues and expenditures 3) Shows income, expenses, and net income during a specific time period 4) Provides information about the current financial health of a business -ANSWER -1) Balance sheet 2) Balance sheet 3) Profit & loss 4) Profit & loss You want to pass on some of your costs directly to customers in Quicbooks Online. You are able to assign a customer to a cost, but you cannot mar...

QuickBooks Certification Exam Study Guide 125 Questions with Verified Answers Why would you hide or collapse sub accounts on a report? - CORRECT ANSWER To temporarily hide unnecessary detail and hide parent accounts What should you do after you click save & close on a customer credit memo? - CORRECT ANSWER Choose between retained as an available credit, give a refund or apply to an invoice Which of the following CAN be memorized in quickbooks? - CORRECT ANSWER check Which is NOT show...

QuickBooks Certification Exam Practice 111 Questions with Verified Answers Which of the following should you do at the end of an accounting period? - CORRECT ANSWER all of the above: - reconcile cash, credit card, and loan accounts against period-end statements - run reports for the period and verify their accuracy - enter depreciation entries which of the following is true? - CORRECT ANSWER the total credits must match the total debits in each general journal entry when might you ne...

QUICKBOOKS CERTIFICATION

Why would you hide or collapse sub accounts on a report? - To temporarily hide unnecessary detail and hide parent accounts What should you do after you click save & close on a customer credit memo? - Choose between retained as an available credit, give a refund or apply to an invoice Which of the following CAN be memorized in quickbooks? - check Which is NOT shown on the payroll summary report on quickbooks? - information necessary to complete your state unemployment tax form The bank not...

Why would you hide or collapse sub accounts on a report? - To temporarily hide unnecessary detail and hide parent accounts What should you do after you click and Save and Close on a Customer Memo? - Choose between retained as an available credit, give a refund or apply an invoice Which of the following CAN be memorized in QuickBooks? - Checks Which is not a Payroll Summary Report in QuickBooks? - Information necessary to complete your state unemployment tax form The bank notified you that...