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6. QuickBooks Online uses the to determine where to place an account in financial statements. begin{tabular}{|l|l|} hline a. & account name hline b. &

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6. QuickBooks Online uses the to determine where to place an account in financial statements. \begin{tabular}{|l|l|} \hline a. & account name \\ \hline b. & account balance \\ \hline c. & account description \\ \hline d. & account type \\ \hline \end{tabular} 7. In the Account List Report, balances are listed for each of these types of accounts except accounts. a. income b. equity c. asset d. liability 8. To add a new account in QuickBooks Online, begin by clicking the New button in the window. a. Customers b. Vendors c. Chart of Accounts d. Employees 9. Once you record adjusting journal entries, you can no longer create a(n) b. balance sheet. c. income statement. d. pre-adjusted trial balance. 10. Chapter 5 suggests that a trial balance should be printed b. after every sales transaction. c. after every purchase. d. each time you close QuickBooks Online

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