CHAPTER 3 Bob's Bookroom MULTIPLE CHOICE QUESTIONS 1. Which of the following transactions would typically be recorded in the QuickBooks general journal? a. Purchase of office supplies b. Year-end adjustment for depreciation on equipment c. Sale of merchandise to a one-time customer d. Payment of telephone expenses 2. Which type of account is listed first in the Chart of Accounts? a. Liability b. Equity c. Asset d. Revenue 3. Which button should you click if you need to enter a transaction with more than two journal entry lines into the Account Register? a. Splits b. Add c. Account d. Activities 4. When entering a transaction in the account register, which type of account should you start with? a. Balance Sheet b. Revenue c. Income Statement d. Retained Earnings 5. Which of the following would you use to access the Chart of Accounts? a. Ctrl + Enter b. Alt+C c. Ctrl + C d. Ctrl + A 6. Which button would you press to bring up the QuickBooks calculator when entering a General Journal transaction? a. % b. + c. ! d. @