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1) Which of the following would not be included in Chart of accounts: a) Savings b) Customer c) Depreciation d) Assets 2) Which of the
1) Which of the following would not be included in "Chart of accounts": a) Savings b) Customer c) Depreciation d) Assets 2) Which of the following would be considered an "Asset": a) Accounts Recelvable b) Accounts Payable c) Computer d) Both "a* and "b* e) Both "a" and "c" 3) Checking, saying are all examples of what kind of accounts in Quickbocks: a) Lability b) Bank c) Equity d) Account Receliable 4) Which of the following would decrease the value of a company's Equity: a) Owher's draw b) Net loss during current accounting period c) Net profit during current accounting period d) Both "a*" and "b" e) Both" a" and "c" 5) In Quickbooks, once you have selected either "Accrual" or " Cash" basis for your accounting report, you cannot change the settirg: a) True b) False 6) You are applying for a business loar. The two reports that your loan officer are most likely to require are: a) Transaction Detail Repert and Acerual Basis Peport b) Income statement and Transaction Detail Repart s) Income shatement and Balance Sheet report d) Transaction Detail Report and Cash Barsts report 7) The Four ifvoice type in QB
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