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Open your QuickBooks Online company. Complete Chapter 3's hands-on work and step-by-step activities presented on pages 95-134. Type the answers to the questions below. The
Open your QuickBooks Online company. Complete Chapter 3's hands-on work and step-by-step activities presented on pages 95-134. Type the answers to the questions below. The account balances reflect October 1-17, 20XX transactions. Required: 1. What is the account balance from 10/1/20XX to 10/17/20XX in each of these accounts? Indicate whether these accounts have a debit (dr.) or credit (cr.) balance. (Enter your answers with 2 decimal places.) 101 Checking 205 Loan Payable Account 207 Arizona Department of Revenue Payable 401 Sales 621 Office Supplies 633 Telephone Expense 635 Utilities Expense Balance Debit/Credit Debit Credit Credit Credit Debit Debit Debit 2. What is the 10/17/XX Net Income? 3. What are the total Liabilities and Equity? (For all requirements, enter your answers with 2 decimal places.) Question 2. Net Income 3. Total Liabilities and Equity Balance 4. What report(s) show the Net Income? Requirement 4. Net Income Second report (if neccessary) Reports Profit & Loss Balance Sheet 5. What report(s) show all work completed? Requirement Reports 5. 1. All work completed Audit Log Second report (if neccessary) Recent Transactions
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