1. Describe the major types of business organizations
2. Class, as to equity accounts, what does the retained earnings statement look like?
3. How do you find the navigation around Quickbooks? Is it user-friendly.
4. What is the source of the opening balance of retained earnings?
5. How does the cash flow statement tie together the income statement and balance sheet?
6. For a manufacturing firm, what are the three inventory accounts? Using Ford Motor Co. as an example, what would be an example of each kind of inventory