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13. 14. QuickBooks does not allow the user to set up a customer account by entering individual invoices. True b. False Companies and individuals

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13. 14. QuickBooks does not allow the user to set up a customer account by entering individual invoices. True b. False Companies and individuals from whom purchases are made and to whom payments are made are commonly referred to as 2. Invoices b. Purchase Orders C. Vendors d. Customers 15. The A/P Summary Report total must agree with which of the following before you consider the program to be fully setup and ready to use 16. E AR account balance in the Trial Balance b. A/P account balance in the Trial Balance The total of the Trial Balance report C. d. The total of the Retained Earnings account The A/R Summary report total must agree with which of the following before you consider the program to be fully setup and ready to use 2. b. AR account balance in the Trial Balance AP account balance in the Trial Balance The total of the Trial Balance report d. The total of the Retained Earnings account C.

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