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By entering customer information and amounts due, QuickBooks will create a(n) a Subsidiary A/P Ledger b. Subsidiary A/R Ledger CL Inventory System d. General Ledger

By entering customer information and amounts due, QuickBooks will create a(n) a Subsidiary A/P Ledger b. Subsidiary A/R Ledger CL Inventory System d. General Ledger By entering vendor information and amounts owed, QuickBooks will create a(n) a. Subsidiary A/P Ledger b. Subsidiary A/R Ledger c. Inventory System d. General Ledger In order to connect to subsidiary ledgers for customers and vendors, there must be at least one of the following account types designated in the General Ledger: Accounts Receivable type b. Accounts Payable type C Both "a" & "b" d. Neither "anor "b" QuickBooks utilizes which of the following inventory costing methods: E First-In, First-Out b. Last-In, First-Out c. Average Cost d. Specific Identification The balance of the Inventory account is entered by a. Creating Service Items info. b. C. d. Creating Inventory Part Items info. Inputting the balance in total into the General Ledger Input of all prior purchases & sales of items

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