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Open your QuickBooks Online company. Complete Chapter 6s hands-on work and step-by-step activities presented on pages 283-339. Type the answers to the questions below. The
Open your QuickBooks Online company. Complete Chapter 6s hands-on work and step-by-step activities presented on pages 283-339. Type the answers to the questions below. The account balances reflect October 1 December 30, 20XX.
Required:
- What are the account balances in these accounts from 10/1/20XX to 12/30/20XX? Indicate whether these accounts have debit (dr.) or credit (cr.) balances.
- What total is shown on the 12/30 Trial Balance?
- What is Net Income?
- What are the total Liabilities and Equity?
- What is the quantity, asset value, and average cost of computers?
- What is the quantity, asset value, and average cost of data storage?
- What is the quantity, asset value, and average cost of network products?
- What is the quantity, asset value, and average cost of web servers?
- What is the quantity, asset value, and average cost of webinars?
- What is the cash increase at the end of the period?
- What Dashboard graphic reports income and expenses for the year?
- Identify the type of graph that reports income and expenses.
- For the items shown, type the amounts. (Hint: It is okay to round up or down.)
- What type of graph shows this fiscal years sales?
- What dashboard graphic reports invoices not due yet?
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