QuickBooks Online Chapter 5 (Latest); Questions with Complete Solutions
6 views 0 purchase
Course
Quickbooks online
Institution
Quickbooks Online
QuickBooks Online Chapter 5 (Latest);
Questions with Complete Solutions
Only bank accounts are available in the Banking center in QuickBooks Online.
false
The For Review folder in the Banking center is for all the transactions that need
to be reviewed
and matched. true
Undeposited Funds ...
QuickBooks Online Chapter 5 (Latest);
Questions with Complete Solutions
Only bank accounts are available in the Banking center in QuickBooks Online.
✔✔false
The For Review folder in the Banking center is for all the transactions that need
to be reviewed
and matched. ✔✔true
Undeposited Funds is a unique asset account to hold funds that have been
received but have not
yet been deposited into a bank account. ✔✔true
Bank feeds can be set up only for the business's bank accounts. ✔✔false
Bank feed transactions can be imported from .CSV and .OFX formats. ✔✔true
You can set up bank rules only for money out transactions. ✔✔false
You can reconcile only your banking accounts. ✔✔false
To transfer funds from a checking account to a savings account, you would make
a journal entry.
✔✔false
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 $8.99. You're not tied to anything after your purchase.