Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

MULTIPLE CHOICE WRITE THE LETTER OF THE CORRECT ANSWER IN THE SPACE PROVIDED BEFORE THE QUESTION NUMBER. 3.11. The Customers List functions as the A.

image text in transcribed

MULTIPLE CHOICE WRITE THE LETTER OF THE CORRECT ANSWER IN THE SPACE PROVIDED BEFORE THE QUESTION NUMBER. 3.11. The Customers List functions as the A. General Ledger B. Accounts Receivable Ledger C. Income Account D. Primary Account for each The Sales by Customer Detail report shows information about Customer A. Credit Sales B. Cash Sales C. Sales on Account D. All of the above QUICKBOOKS ONLINE PLUS: A Complete Course 2017 3.13. A Credit Memo s prepared to record a reduction to a transaction recorded on ain A Sales Receipt B. Invoice c. Deposit Slip D. Payment Receipt 3.14. When payment is made by the customer at the time of the sale, the transaction is recorded on ain) A. Invoice B. Payment Receipt C. Sales Receipt D. Refund Receipt payment. 3.15. When a payment is made for a sale on account, it may be a A Full B. Partia c. Both A and B D. Pay in advance 3.16. QuickBooks Online does not print A. Invoices 8. Sales Receipts C. Credit Memo and/or Refund Receipts D. Receive Payments 3.17. Receive Payments is used to record an A. Payment for an invoice B. Cash Sale C. Refund D. Bank Deposit 3.18. To view all entries recorded in Debit/Credit format, you prepare a A Journal B. Trial Balance C. Customer Balance Summary D. Transaction List report 9. When receiving a partial payment for an invoice, QuickBooks selects the_Invoice. A Most recent B. Largest balance c. Odest D. None of the above CHAPTER 3-Sales and Receivables: Service Items 3.20. Reports may be A. Printed B. Exported to Excel C. Emailed D. All of the above

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_2

Step: 3

blur-text-image_3

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

Forensic Analytics Methods And Techniques For Forensic Accounting Investigations

Authors: Mark J. Nigrini

2nd Edition

1119585767, 9781119585763

More Books

Students also viewed these Accounting questions

Question

Assess the requirements for strategic LMD

Answered: 1 week ago

Question

How can e-learning benefit organizations and individuals?

Answered: 1 week ago