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Matching (20%) Instructions In the space provided, write the answer that most appropriately completes the sentence. Letter When receiving payments from customers, QuickBooks places the
Matching (20%) Instructions In the space provided, write the answer that most appropriately completes the sentence. Letter When receiving payments from customers, QuickBooks places the amount received in an account called until the bank deposit is made. 1. Check/Credit A. Card The and the amount of sales tax owed. report shows the total taxable sales 2. B. Inventory You may use QuickBooks's pay bills feature to pay bills using a 3. C. Subtotal for payment or a In order for the entire invoice to receive a discount, a must be used as the item immediately before a 4. D. Discount nonprofit discount Orders for merchandise are prepared using the QuickBooks 5 E Individually _form. Purchase, Sales, and Inventory information must be entered when creating a(n) Undeposited F. 6. Funds item. Changes to an inventory quantity are made by clicking the Inventory Activities icon on the QuickBooks Accounts G. Payable 7. A report that you have customized by sizing, adding, and/or removing columns may be format is used each time it is prepared 8 H. Memorized so the custom To see the bill payment information, checks must be printed Purchase Order In the Vendor Center, expense accounts for vendors are assigned using the adding a vendor. Account J. tab when editing or 10 Settings K. Home Page Sales Tax L Liability
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