Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Can I get help with these Quickbooks questions? 1 Penelope upgraded from QuickBooks 2015 to QuickBooks 2019. She's ready to create her new company but

Can I get help with these Quickbooks questions?

1 Penelope upgraded from QuickBooks 2015 to QuickBooks 2019. She's ready to create her new company but doesn't want to reenter information if she doesn't have to. What should she do?

Select one:

a.Convert the file to a Quicken file and then use that as a template for the new one.

b.Use the Clean Up Company Wizard on the old file and then use it as a template.

c.Use the Start Setup method and enter all the list information from the previous version.

d.Use the Easy Step Interview to enter all the company information during setup.

2 What can you NOT change after initially setting up a new company?

Select one:

a.Industry type

b.Account beginning balances

c.Chart of Accounts

d.Company name

3 To include an addition or deduction on an employee's paycheck, you first set it up as a(n):

Select one:

a.Retained Earnings

b.Checking

c.employee deduction

d.Opening Balance Equity

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: David Spiceland, Wayne M. Thomas, Don Herrmann

5th edition

1259914895, 978-1259914898

More Books

Students also viewed these Accounting questions

Question

Draw a labelled diagram of the Dicot stem.

Answered: 1 week ago

Question

What reward will you give yourself when you achieve this?

Answered: 1 week ago