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Matching (20%) Instructions in the spar 15. When using QuickBooks to pay bills that have been recorded in the Enter Bals window, you may and
Matching (20%) Instructions in the spar 15. When using QuickBooks to pay bills that have been recorded in the Enter Bals window, you may and the bills will be marked "Paid." A write checks to pay bills B u sa a credit card to pay bils c u se the pay bills feature so QuickBooks will write the checks or prepare the credit card charges D. All of the above 16. If an order for an inventory item is received with a bill but is incomplete, QuickBooks will A record the bill for the full amount ordered B record the bill only for the amount received C n ot allow the bil to be prepared until all the merchandise is received D. close the purchase order 17. If a customer makes a payment on account and a retum has been made the correct amount of the sales discount is calculated A automatically by QuickBooks on the full amount B automatically by QuickBooks on the amount duo after the credit is subtracted C manually by using QuickMath all of the above 18. For owner withdrawals in a partnership QuickBooks_ A allows you to establish a separate account for each owner's withdrawals B requires that all owner withdrawals are combined within the same account C. deducts the amount of withdrawals from the owners Investment account does not allow owner withdrawals because each partner who works in the business cams a salary 19. QuickBooks uses the method of inventory valuation A LIFO B. average cost ICFIFO D. Actual Cost 20. When recording a bill, you can so the same transaction is entered when recording the bill next month. A customize My Preferences for Bills B memorize a report C m emorize a transaction D. None of the above
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