Which 2 options are benefits of using the Close the books feature? It can prevent users from changing transactions in a closed period It keeps unauthorized users from accessing the QuickBooks Online company It keeps track of any changes made to any transactions dated after the closing date It keeps track of any changes made after the closing date was set to closed period transactions It can prevent users from accessing any information in a closed period

Which 2 options are benefits of using the Close the books feature? It can prevent users from changing transactions in a closed period It keeps unauthorized users from accessing the QuickBooks Online company It keeps track of any changes made to any transactions dated after the closing date It keeps track of any changes made after the closing date was set to closed period transactions It can prevent users from accessing any information in a closed period

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter7: Accounting Information Systems

Section: Chapter Questions

Problem 1MC: So far, computer systems cannot yet ________. A. receive data and instructions from input devices...

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Question 12 By default, all QuickBooks Online company files have tags turned on, but they can be turned off. Where would you go to disable this feature? Gear icon > Account and Settings > Sales tab > Tags Gear icon > Account and Settings > Expenses tab > Bills and expenses > Tags Sales > Tags > Settings > Disable Banking > Tags > Settings > Disable
Question 12 Which type of transaction cannot be tagged at this time within QuickBooks Online? O Journal entry O Purchase order O Bank deposit O Invoice Delayed credit
-> A Moving to the next question prevents changes to this answer. question 11 A dictionary attack uses software to try thousands of common words sequentially in an attempt to gain unauthorized access to a user's account True False A Moving to the next question prevents changes to this answer. Ques T國 MAY étv 280 MacBook Air DII DD F10 80 000 000 F9 F8 F7 F6 F5 F3 F4
Question 15 How can you convert an estimate to an invoice? Sales > Customers > Estimate block > Open transactions > Select make invoice option at the bottom Sales > Customers > Estimate block > Start invoice in the Action column O +New > Create Invoice from estimate Gear icon > Estimate > Create invoice from estimate
Question 6 What are 2 ways to begin setting up a recurring transaction in QuickBooks Online? Gear > Account and settings > Advanced > Enable recurring transactions Accountant Tools > Recurring transactions Gear > Recurring transactions +New > Recurring transaction Select the Make recurring option at the bottom of the desired transaction
don 24: Match each task to its corresponding action. Add a new customer. Create a receipt or invoice. Delete a customer. Use a non-QuickBooks list. See a snapshot of Accounts Receivable. PROPHERE Use the Import Data tool Access the Money bar in the Customers ist This isn't allowed, use the Make Inactive command instead This can be done from within a Sales form Use the Action menu
Edit View History tion 5- Proctoring Enable X + getproctorio.com/secured #lockdown e ring Enabled: Chapter 7 Required Homewor... i 个 2 @ John Deere Widgets is a US corporation involved in the manufactures of widgets for agricultural machinery, heavy equipment, and diesel engines. John Deere Widgets categorizes its accounts receivable into four age groups for purposes of estimating its allowance for uncollectible accounts. 1. Accounts not yet due = $442,000; estimated uncollectible = 10%. 2. Accounts 1-30 days past due = $55,200; estimated uncollectible = 13%. 3. Accounts 31-90 days past due = $44,200; estimated uncollectible = 17% 4. Accounts more than 90 days past due = $33,200; estimated uncollectible = 20%. On 12/31 of the current year, before recording any adjustments, the John Deere Widgets has a credit balance of $29,000 in its allowance for uncollectible accounts. Bookmarks Profiles Tab Window Help Bookmarks Required: 1. Estimate the appropriate 12/31 balance for the John Deer…
Question 49 of 50 With regards to the closing date, which 2 statements are correct? One or more of your selected options was incorrect. Selecting even Just one incorrect option will earn no credit for this question. Please try again. Any user with administrator rights has the ability to change the closing date and password Any user that has Accountant Access will be able to change the closing date and password If the books are closed without a password set and the client does not have admin rights, they will not be able make any changes to a transaction dated prior to the closing date Only an Accountant user set up as a Lead Accountant can close the books
Question 10 What are 2 ways to check a client's subscription level in QuickBooks Online Accountant? From the Subscriptions and billing screen from the Gear icon From the Advanced tab in Account and Settings From the Clients tab in Account and Settings By hovering over the qb icon in the Clients menu From the Company Settings screen from the Gear icon
What does the QuickBooks Online Check Register do?
FinalAccounts-Problems [Protected View] - Excel File Home Insert Page Layout Formulas Data Review View Help Tell me what you want to do PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editi A1 fe From the following Trial Balance of M/s. Ram & Sons. F From the ollowing Trial Balance of M/s. Ram & Sons. 2 Prepare Trading and Profit and Loss Account for the year ending on 31st March 2002 3 and the balance sheet as on the date: Trial Balance as on 31st March 2002 5 Sr.No. Particular's Debit (Rs) Credit (Rs) Opening Stock (1.4. 2001) Pur chases Discount alloved Tages 5,000.00 7 16,750.00 1,300.00 6,500.00 4 30,000.00 Sales Salaries Travelling expenses 10 2,000.00 11 12 400.00 425.00 275.00 13 Conmission Carriage invard Adninistration expenses 14 15 10 105.00 600. 00 Trade expenses Interest 16 11 17 12 250.00 Building Furniture 5,000.00 200.00 18 13 19 14 20 15 Debtors 4,250.00 2,100.00 13,000.00 21…
g! Due to inactivity, your x Content * CengageNOWv2 | Online teachi x Cengage Learning .com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false les ajoutant à la barre de favoris. Importer mes favoris maintenant. h eBook 4 Show Me How Accounts Receivable Analysis A company reports the following: Sales $1,460,000 Average accounts receivable (net) 100,000 Determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365-day year. a. Accounts receivable turnover 14.6 V b. Number of days' sales in receivables x days Feedback Check My Work a. Divide sales by average accounts receivable. b. Divide average accounts receivable by average daily sales. Average daily sales are sales divided by 365 days. a N acer