Question
9. The accounts created automatically by QuickBooks that must be reversed by journal entry to zero balances are called a. default accounts. b. equity accounts.
9. The accounts created automatically by QuickBooks that must be reversed by journal entry to zero balances are called
a. default accounts.
b. equity accounts.
c. permanent accounts.
d. uncategorized accounts.
10. An alternative to the Detailed Start method for New Company Setup is the
a. Manual setup.
b. Express Start.
c. System setup.
d. File Interview.
11. In order to add an account number, you must activate the accounts number feature in the
a. Accounting Preferences.
b. Checking Preferences.
c. General Preferences.
d. Integrated Applications Preferences.
12. The inventory feature is activated from the
a. Accounting Preferences.
b. Items & Inventory Preferences.
c. Sales & Customers Preferences.
d. Integrated Applications Preferences.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started