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2. Explain the difference between using Enter Bills or Receive Items and Enter Bills from the Vendors drop-down menu. 4. At year-end, you wish to
2. Explain the difference between using Enter Bills or Receive Items and Enter Bills from the Vendors drop-down menu.
4. At year-end, you wish to confirm the quantity on hand for each inventory item. How would you use QuickBooks to determine the quantity and value of the ending inventory?
5. Your company wishes to view the profitability of each inventory item. How could you use QuickBooks to develop this information?
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