31. To open a company file that has been previously opened in the software, you can select: (Points : 2)

File>>Open Company on the main menu File>>Close Company on the main menu to close the current company and then select a company listed in the Open Company window Both A and B File>>Restore Company on the main menu

Question 32. 32. In the Maintain Chart of Accounts window, the button that is used to enter beginning account balances is called: (Points : 2)

Account ID field Description field Account Type field Account Beginning Balances

Question 33. 33. On the Account Reconciliation Report, checks that are not shown of the bank statement are known as: (Points : 2)

NSF Checks Outstanding Checks Checks in Transit Missing Checks

Question 34. 34. The adjusting entry to record the cost of supplies used during the accounting period is: (Points : 2)

Debit Supplies Expense; Credit Supplies Debit Capital Stock; Credit Supplies Debit Accounts Payable; Credit Supplies Debit Supplies; Credit Capital Stock

Question 35. 35. The tenth step of the computer accounting cycle is to: (Points : 2)

Set up a business and select a chart of accounts Change accounting periods Create a new company Print the general ledger trial balance

Question 36. 36. On the Vendors & Purchases navigation center, you will find all the following icons, except: (Points : 2)

Sales Invoices Vendors Enter Bills Reports

Question 37. 37. The general ledger accounts that will be closed to retained earnings are called: (Points : 2)

Permanent accounts Temporary accounts Liability accounts Owners equity accounts

Question 38. 38. In order to verify the balances in individual accounts, you can open the: (Points : 2)

General Ledger Trial Balance report Income Statement report General Journal report Balance Sheet report

Question 39. 39. To go from the income statement to an original entry is called: (Points : 2)

Drill down Options, specific the range Display Filter

Question 40. 40. The icon to reconcile bank statements is found in the: (Points : 2)

Bank Statements center Banking center Banking Status center Reconciliation center