11. Information from Peachtree's reports can be: Exported Formatted as an ANSI file Converted into a macro Used with Quicken

Question 12. 12. The journal entry to purchase an inventory stock item is:

Debit Accounts Payable/Vendor Credit Inventory Debit Inventory Credit Accounts Payable/Vendor Debit Account Receivable/Customer Credit Sales Tax Payable Debit Product Cost Credit Inventory

Question 13. 13. Customer payments are posted to the:

Sales Journal Cash Receipts Journal Purchases Journal None of the above

Question 14. 14. When using Peachtree's letter templates, you can select:

From the Tasks menu, select Write Letters; Employee, Customer, or Vendor Letters From the Maintain menu, select Write Letters to all From the Edit menu, select memorize transactions From the Select and Report or Form window, select Company

Question 15. 15. If you want to enter a cash sale, you would use the:

Sales Journal window Sales/Invoicing window Cash Sales window Receipts window

Question 16. 16. The account type for sales tax payable account is:

Other Current Liabilities Fixed Assets Cash Other Current Assets

Question 17. 17. In Peachtree, the trial balance report is printed by selecting which of the following options from the main menu?

Reports & Forms>>General Ledger>>General Ledger Trial Balance Reports & Forms>>General Ledger General Ledger Trial Balance General Ledger>>General Ledger Trial Balance

Question 18. 18. What would you do to exclude fields from being exported?

Place a check mark next to them Uncheck them Click on the radio button Click on the folder tab

Question 19. 19. Net pay can be described as:

The amount paid to employees after subtracting tax withholdings and voluntary deductions The amount paid to employees after subtracting taxes, insurance, retirement plan contributions, and other voluntary deductions The amount the employee receives on the check All the above

Question 20. 20. In PTCA, employee pay methods include:

Salary Hourly - Hours per Pay Period Hourly - Time Ticket Hours All of the above