Related questions
Concept explainers
Ma1.
1. Where can you enable account numbers for the chart of accounts?
Multiple choice question
A. The Enable account numbers slider from the Chart of Accounts screen
B. The Advanced tab in Account and Settings
C. The Customization option from Accountant Tools
D. The Chart of accounts tab in Account and Settings
2. A client messaged you saying that there might be something wrong with the bank feed of their checking account.
What would be the first thing to do to see if the bank feed will refresh?
Multiple choice question
A. Select the Troubleshoot button from the Advanced tab of Account and Settings
B. Select the Pencil icon on the Checking account tile and select Contact bank
C. Select the Update button in the Banking center
D. Select the Pencil icon on the Checking account tile and select Troubleshoot
3. Which report would you use to show the least popular products?
Multiple choice question
A. Sales by Product/Service Summary
B. Product/Service List
C. Transaction List by Tag Group
D. Sales by Customer Summary
4. What are 3 of the stages in Books review? Quickbooks
Account reconciliation
Bank reconciliation
Categorization review
Team review
Not started
Transaction review
Trending nowThis is a popular solution!
Step by stepSolved in 2 steps
- On the Excel worksheet are the T- accounts for cash and other accounts need to record the bank reconciliation. Also, the format for the bank reconciliation is provided. Complete the bank reconciliation, using formulas when possible.arrow_forward17. Please answer asap!!!arrow_forwardWhich of the following credit checks would be considered a soft check? A. Vehicle loan application B. job application C. student loan application D. Credit card application I don't need explanation just the answer :)arrow_forward
- In QuickBooks Online, the Customer List serves as the accounts receivable subsidiary ledger for the company. O a cash receipts journal. the sales journal. the accounts payable subsidiary ledger for the company.arrow_forwardHi, Can you please help me with problem 5.6? Thank you.arrow_forwardHow can you check for unbilled charges or time in QuickBooks Online? Select all that apply. Via the money bar in the Vendor center Via the Reports center Via the Unbilled Charges card in the Dashboard Via the money bar in the Sales center Via the money bar in the Time tab in the left-hand navigationarrow_forward
- Match the five system failures with a control plan that would best prevent the system failure from occurring. Also, give a brief (one or two sentences) explanation of your choice. A letter should be used only once, with one letter left over.Control Plans Reconcile bank account Match invoice, PO, and receipt Tickler file of open POs and receiving reports Batch sequence check Procedures for rejected inputs Independent authorization to make payment System Failures Pownal Company was sent an invoice for goods that were never received. The invoice was paid in full. Dewey, Inc. has several vendors who do not send invoices in a timely manner. Terms for payment are based on dates that goods are received, and discounts are being lost due to the late receipt, entry, and payment of these invoices. Washington Company processes invoices in batches. The accounts payable program performs a three-way match of the invoice with the PO and receiving report. Those that match are recorded on the accounts…arrow_forwardHow do you create a loan in Quickbooks? A. Select Banking > Create Loan B. Use the loan manager C. Create the loan account D. Create a liability accountarrow_forwardSubject - account Please help me . Thankyou.arrow_forward
AccountingAccountingISBN:9781337272094Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.Publisher:Cengage Learning,
Accounting Information SystemsAccountingISBN:9781337619202Author:Hall, James A.Publisher:Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis...AccountingISBN:9780134475585Author:Srikant M. Datar, Madhav V. RajanPublisher:PEARSON
Intermediate AccountingAccountingISBN:9781259722660Author:J. David Spiceland, Mark W. Nelson, Wayne M ThomasPublisher:McGraw-Hill Education
Financial and Managerial AccountingAccountingISBN:9781259726705Author:John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting PrinciplesPublisher:McGraw-Hill Education