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Need help on questions 46, 48, and 49 (all questions are related to Quickbooks Online). Also, all information needed in answering these three questions can

Need help on questions 46, 48, and 49 (all questions are related to Quickbooks Online). Also, all information needed in answering these three questions can be found within the screenshots below. If, however, you need any more information, do not hesitate to let me know! Thank you!!

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Question 46: The last two steps of the accounting cycle deal with: Answer: A. A making journal entries B. A closing the books at the end of the fiscal period c. A assembling source documents D. A analyzing transactions Question 48: Why does QuickBooks warn you if you attempt to enter a transaction that took place before the closing date? Answer: A. A QuickBooks Online is not backwards compatible. B. A You will have to run an adjusted trial balance. c. A It could affect your inventory. D. A The transaction would affect the books for a closed period. Question 49: What step of the accounting cycle involves analyzing balances and making adjustments? Answer: A. Step 1 - financial transactions B. Step 2 - general journal C. Step 3 - general ledger D. Step 4 - trial balance E. Step 5 - financial statements

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