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4 of 10 Adjusting journal entries are adjustments made to accounts to update the balances. recorded in the Customer Center and Vendor Center. made after

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4 of 10 Adjusting journal entries are adjustments made to accounts to update the balances. recorded in the Customer Center and Vendor Center. made after the end of the month or the end of the fiscal year. only used in manual accounting. 5 of 10 Which statement is false? QuickBooks does not record adjusting journal entries in a manner similar to that of a manual accounting system. In QuickBooks each activity is recorded in a different window depending on the nature of the activity. QuickBooks does not follow the format of the special journals for daily transactions. Behind the scenes, QuickBooks records the activity in general journal format as seen in the Journal report 6 of 10 In QuickBooks, types of income and expense accounts include Income, Expense, Credit Card, Other Income, and Other Expense. Income, Cost of Goods Sold, Expense, Other Income, and Other Expense. Income, Cost of Goods Sold, Bank, and Other Income or Expense. Income, Equity, Other Income, and Other Expense

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