In the Invoice Lookup, when view
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- A document that asks you to return an identifying part of it with your payment is a(n) ________.A. source documentB. cloud documentC. point-of-sale documentD. turn-around document7) When recording a customer credit card payment on account using QuickBooks, select:A) Create Invoice > Customer Payment > Customer & Job NameB) Create Sales Receipt > Record DepositsC) Receive Payment > Select Customer & Job Name > Select Payment Method and enter credit card informationD) Make Deposit > Select Customer & Job Name > Select Payment Method and enter credit card information Group of answer choices A B C DWhat is the relationship between an account and item? What is the Chart of Accounts? What happens if you click on the Home icon? Which transactions in QuickBooks are considered Non-posting? How do you record a payment from a client that is paying multiple invoices? How does the “Enter Bills & Pay Bills” feature differ from the “write check” feature? How do you determine if a check has been reconciled in QuickBooks? How do you export QuickBooks Reports into excel? How do you switch to Multi-User Mode? What is the purpose of having a Single-User Mode? How does Accrual Basis of Accounting differ from Cash Basis? If you want to modify the account or name filters within a specific report you have open, where do you click? What is the keyboard shortcut for the date to jump to “Today’s” Date? What account(s) does an Inventory item post to when it’s purchased? What about when it’s sold? What account(s) does an Inventory item post to when it’s sold? What are some of the different types of…
- A document that asks you to return an identifying part of it with your payment is a(n) ________. A. source document B. cloud document C. point-of-sale document D. turn-around documentWhich of the following types of transactions can be uploaded into QBO using the Receipt action. Select all that apply. Select one or more: a. Credit card receipts b. Bills c. Checks d. Invoices e. DepositsBriefly explain the difference between a sales receipt and an invoice in QuickBooks
- Blossom Company purchases various types of beach toys for sale to consumers. Listed below are the transactions for the month of June. Blossom uses a perpetual inventory system. June 1 Purchased 25 water tubes for $260 each terms n/30 FOB destination. 8 Returned 4 tubes purchased on June 1 due to defects. Received a full refund for the defective tubes. 10 Freight charges of $100 for the June 1 transaction are paid by the responsible party. 11 Made a complaint about competitive pricing. Received a $400 credit for the water tubes purchased on June 1. 15 Purchased 110 water tubes for $235 each on account, terms 2/10 n/30. 18 Made payment for the amount owing for the June 1 transaction. 20 Made payment for the amount owing for the June 15 transaction.Which common workflow error can cause duplicate expenses in QuickBooks Online? -Create a purchase order to record vendor expense and copy to bill to pay vendor later for the same expense -Create a bill to record a vendor expense, and use Pay Bills to pay the vendor for the same expense -Create a bill to record a vendor expense, and create a check to the vendor for the same expense -Create a bank rule to automatically categorize a common vendor expensewhen viewing a detail level report, such as Open Invoices Report, what happens when you double click on the amount shown on any particular transaction?
- Indicate the order in which the following onscreen Vendors and Expenses transaction forms typically should be prepared. Expense > Pay Bills Check > Pay Bills Bill > Pay Bills Invoice > Pay BillsOn December 1, Gary Walker began an auto repair shop, Walker's Quality Automotive. The following transactions occurred during December: i (Click the icon to view the transactions.) More info Dec. 1 Dec. 1 Dec. 1 Dec. 9 Dec. 10 Dec. 19 Dec. 22 Dec. 26 Dec. 28 Dec. 31 Dec. 31 Dec. 31 Dec. 31 Walker contributed $58,000 cash to the business in exchange for shares of common stock. Purchased $15,000 of equipment paying cash. Paid $3,000 for a ten-month insurance policy starting on December 1. Paid $18,000 cash to purchase land to be used in operations. Purchased office supplies on account, $2,300. Borrowed $33,000 from the bank for business use. Walker signed a note payable to the bank in the name of the corporation. The note is due in five years. Paid $2,000 for advertising expenses. Paid $1,100 on account. The business received a bill for utilities to be paid in January, $260. Revenues earned during the month included $18,000 cash and $2,900 on account. Paid employees' salaries $3,700 and…You are to enter the following items in the daybooks and show the transfers to the general ledger. Please note transfers to the receivables/payable’s ledgers are not required.
