1. The Cash Receipts Journal report displays all the following except: General ledger account numbers Inventory item sold to the customer Date transaction was posted Sales invoice number paid

Question 2. 2. A journal designed for entering only purchases of merchandise on account is called:

Merchandise journal General journal Purchases journal Accounts payable journal

Question 3. 3. In recording the cost of merchandise sold for cash, the journal entry would include:

Debit Cost of Merchandise Sold; credit Sales Debit Cost of Merchandise Sold; credit Merchandise Inventory Debit Merchandise Inventory; credit Cost of Merchandise Sold Debit Accounts Receivable; credit Sales

Question 4. 4. The report that shows all cash payments is called:

Cash payments journal cash receipts journal Cash Disbursements Journal Purchases Journal

Question 5. 5. On the Navigation Bar, which of the following would you select to enter inventory item maintenance information?

Inventory & Services Navigation Center, click on the Inventory Items icon, select View and Edit Inventory items and record inventory information Vendors & Purchases Navigation Center, click on the Purchase Orders icon, select New Purchase Orders and record inventory information Inventory & Services Navigation Center, click on the Inventory Items icon, select New Inventory Item and record inventory information Maintain; Defaults, Inventory Items, record inventory information

Question 6. 6. When creating a new inventory item, the Cost Method is entered in the:

General tab Costing Methods tab History tab Purchase Info tab

Question 7. 7. To see how a company has set up payroll for time and billing from the Navigation Bar, which of the following selections would you make?

Employees & Payroll Navigation Center, click on the Employees icon and select View and Edit Employees Employees & Payroll Navigation Center, click on the Employees icon and select New Employee Employees & Payroll Navigation Center, click on the Pay Employees icon and select Enter Payroll for One Employee Customer & Sales Navigation Center, click on the Sales Invoices icon and select New Sales Invoice

Question 8. 8. The amount to be charged to customer for copies is recorded on:

Time cards Job order cost sheets Expense tickets Clock cards

Question 9. 9. In Time & Billing, inventory item classes include:

Only activity items Only charge items Both activity and charge items Time tickets and expense tickets

Question 10. 10. The report use to that show all purchases of merchandise inventory on account is called the:

Sales Journal Cash Receipts Journal Cash Payments Journal Purchases Journal