Quickbooks chapter 6 Study guides, Class notes & Summaries
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QuickBooks Chapter 6 Questions and Answers Already Passed
- Exam (elaborations) • 6 pages • 2023
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Receipt of purchase order items is never recorded before the bill arrives. False 
A bill can be paid by check or credit card. True 
The Cost of Goods Sold account Merchandise Discounts is used to record discounts to 
customers. False 
Voiding a purchase order removes every trace of the purchase order from the company records. 
False 
The Vendor Center displays the vendor list and information about individual vendors. True 
A single purchase order can be prepared and sent to several vendors. Fals...
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QuickBooks Chapter 6 Test with Certified Solutions
- Exam (elaborations) • 5 pages • 2023
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The Inventory Part window consists of two sides: one for sales information and one for purchase 
information True 
Inventory tracking is automatically activated when you create a company file False 
In QuickBooks, non-inventory parts are tracked in the same way as inventory parts False 
QuickBooks automatically creates your Sales Tax Liability account for you True 
You can set a default tax rate for the company but NOT for individual customers False 
Luckily, you don't have to know your state'...
-
QuickBooks Chapter 6 Questions and Answers Already Passed
- Exam (elaborations) • 6 pages • 2023
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- $11.99
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Receipt of purchase order items is never recorded before the bill arrives. False 
A bill can be paid by check or credit card. True 
The Cost of Goods Sold account Merchandise Discounts is used to record discounts to 
customers. False 
Voiding a purchase order removes every trace of the purchase order from the company records. 
False 
The Vendor Center displays the vendor list and information about individual vendors. True 
A single purchase order can be prepared and sent to several vendors. Fals...
-
QuickBooks Chapter 6 Test with Certified Solutions
- Exam (elaborations) • 5 pages • 2023
-
Available in package deal
-
- $9.99
- + learn more
QuickBooks Chapter 6 Test with Certified Solutions 
The Inventory Part window consists of two sides: one for sales information and one for purchase information True 
Inventory tracking is automatically activated when you create a company file False 
In QuickBooks, non-inventory parts are tracked in the same way as inventory parts False 
QuickBooks automatically creates your Sales Tax Liability account for you True 
You can set a default tax rate for the company but NOT for individual customers F...
-
QuickBooks Chapter 6 Already Graded A
- Exam (elaborations) • 2 pages • 2023
- Available in package deal
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- $6.49
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To enter Vendor and Expense transactions: B. From the Navigation Bar select 
Expenses>New Transaction 
To enter an Expense transaction: From the Create (+) icon, select Expense 
QuickBooks considers all of the following to be vendors except: Customers purchasing 
products 
Which of the following is not a vendor transaction? Make Deposits 
We can update the Vendors List at which of the following two points? -Before entering 
transactions 
-While entering transactions 
Which of the following tw...
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QuickBooks Chapter 6 Test with Certified Solutions
- Exam (elaborations) • 5 pages • 2023
-
- $11.39
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The Inventory Part window consists of two sides: one for sales information and one for purchase 
information True 
Inventory tracking is automatically activated when you create a company file False 
In QuickBooks, non-inventory parts are tracked in the same way as inventory parts False 
QuickBooks automatically creates your Sales Tax Liability account for you True 
You can set a default tax rate for the company but NOT for individual customers False 
Luckily, you don't have to know your state'...
-
QuickBooks Chapter 6 Already Graded A
- Exam (elaborations) • 2 pages • 2023
-
Available in package deal
-
- $8.99
- + learn more
QuickBooks Chapter 6 Already Graded A To enter Vendor and Expense transactions: B. From the Navigation Bar select Expenses>New Transaction 
To enter an Expense transaction: From the Create (+) icon, select Expense 
QuickBooks considers all of the following to be vendors except: Customers purchasing products 
Which of the following is not a vendor transaction? Make Deposits 
We can update the Vendors List at which of the following two points? -Before entering transactions -While entering trans...
-
QuickBooks Chapter 6 Already Graded A
- Exam (elaborations) • 2 pages • 2023
-
- $6.49
- + learn more
To enter Vendor and Expense transactions: B. From the Navigation Bar select 
Expenses>New Transaction 
To enter an Expense transaction: From the Create (+) icon, select Expense 
QuickBooks considers all of the following to be vendors except: Customers purchasing 
products 
Which of the following is not a vendor transaction? Make Deposits 
We can update the Vendors List at which of the following two points? -Before entering 
transactions 
-While entering transactions 
Which of the following tw...
-
QuickBooks Chapter 6 Questions and Answers Already Passed
- Exam (elaborations) • 6 pages • 2023
-
- $8.49
- + learn more
QuickBooks Chapter 6 Questions and 
Answers Already Passed 
Receipt of purchase order items is never recorded before the bill arrives. False 
A bill can be paid by check or credit card. True 
The Cost of Goods Sold account Merchandise Discounts is used to record discounts to 
customers. False 
Voiding a purchase order removes every trace of the purchase order from the company records. 
False 
The Vendor Center displays the vendor list and information about individual vendors. True 
A single purc...
-
QuickBooks Chapter 6 Test with Certified Solutions
- Exam (elaborations) • 5 pages • 2024
-
- $8.99
- + learn more
The Inventory Part window consists of two sides: one for sales information and one for purchase 
information True 
Inventory tracking is automatically activated when you create a company file False
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