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8 . From the Main Menu Bar, what would you click to navigate to the Customer lists? sales 9 . What tabs are available under

8. From the Main Menu Bar, what would you click to navigate to the Customer lists? sales9. What tabs are available under Custorer list?10. What are common Terms used for customers? 30 days11. Explain what a percentage would mean if given in a Term? Example 2%10 Net 3012. If a customer Pays you, what is the most appropriate window you can use to receive theirpayments? Vice versa, if a customer will pay you later, which window should you use instead?Receive payment wintiow13. In Bookkeeping, what would be different between a Product or Service Journal entry?14. When should you use Inventory adjustments?15. What are the steps to the accounting cycle in order? Identify and analyze transaction, check thejournal eutries Rest journals to ledgers, prepare unadjusted trial balance, record adjustingjournal entries, perform adjusted trial balance prepare financial statement, close the books.16. QuickBooks has an alternative name for the following statements. What is the alternative name? Statement of Owner's Equity. Income Statement. Balance Sheet17. In a QuickBooks Journal Entry, what does the Name Field allow you to do?18. If you closed your Books, does QuickBooks Restrict you from going back and changing yourrecords, and if so, how?19. What is the preferred goal for a Bank Reconciliation in respect to Discrepancies, and Differencevalues? What would happen if you had to post a Bank Reconciliation without meeting that goal?20. What is the recommended way to deal with a NSF Cheque? Hint: Book Recommendations.

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