QuickBooks Chapter 2 Test with Complete Solutions 2024/25 Update
8 views 0 purchase
Course
QuickBooks
Institution
QuickBooks
QuickBooks Chapter 2 Test with Complete
Solutions 2024/25 Update
How are bank charges, which have not been recorded in QBO, classified?
Bank charges
which have not yet been recorded in QBO are not recognized and are
temporarily
classified as Uncategorized Expense.
How are bank deposits, ...
QuickBooks Chapter 2 Test with Complete
Solutions 2024/25 Update
How are bank charges, which have not been recorded in QBO, classified?
✔✔Bank charges
which have not yet been recorded in QBO are not recognized and are
temporarily
classified as Uncategorized Expense.
How are bank deposits, which have not been recorded in QBO, classified?
Select one:
a. Bank deposits which have not yet been recorded in QBO are temporarily
classified as To Be
Categorized Income.
b. Bank deposits which have not yet been recorded in QBO are recognized and
classified as
Uncategorized Income.
c. Bank deposits which have not yet been recorded in QBO are classified as To Be
Categorized
Income.
, QuickBooks Chapter 2 Test with Complete
Solutions 2024/25 Update
d. Bank deposits which have not yet been recorded in QBO are not recognized
and are
temporarily
classified as Uncategorized Income. ✔✔D
Opening the expense transaction section fo QBO will provide a listing of _____.
Select one:
a. recent credit card, bills, expenses, checks, and cash transactions.
b. recent credit card, bills, expenses, purchase orders, checks, bill payments, and
cash
transactions.
c. recent credit card, expenses, checks, and cash transactions ✔✔B
Opening the sales transaction section of QBO will provide a listing of _____.
Select one:
a. only unbilled activity in the last 30 days.
b. recent sales invoices.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller TheeGrades. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.99. You're not tied to anything after your purchase.
