Quickbooks chapter 3 quiz - Study guides, Class notes & Summaries

How can you review a Transaction Report for any account when you are viewing the Balance Sheet? Select one: a. Click the balance in the account line of the Balance Sheet report to view the Transaction Report. b. Click the Report icon at the top of the Balance Sheet screen, then choose Transaction Report. c. Click Transaction in the account line of the Balance Sheet report to view the Transaction Report. d. None of these options. a How do you access Company Settings? Select one: a. Co...

A cash purchase can be recorded by writing a check or by using petty cash. True Once a report format has been customized as a QuickBooks preference for a company, QuickBooks will automatically use the customized format. True In a service business, most of the accounting for purchases and payables is simply paying bills for expenses incurred in the operation of the business. True