Question
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?
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?
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?
Open your QuickBooks Online company. Compete Chapter 6s hands-on work, step-by-step activities, and Exercises 6-1 and 6-2, pages 283-345. When appropriate, type the balance.
Required:
For each item listed in the table below, input either the balance or percentage for the date range 10/1/20XX to 12/31/20XX.
Note: Enter your percentage answers as whole numbers rounded to 2 decimal places (e.g., 1201 should be entered as 12.01%) and other answers with 2 decimal places.
Open your company in QuickBooks Online. Complete Chapter 6s hands-on work, step-by-step activities, and Exercises 6-1 and 6-2, pages 283-345. For the date range, use October 1 through December 30. Answer the questions.
Required:
- On the Profit and Loss report, describe how to compare October, November and December.
- Enter the percent of income for the month of October that corresponds to the Advertising Expense account?
- Describe how the Balance Sheet can be customized.
- From the Balance Sheet dated October 1, 20XX to December 30, 20XX (that includes the % of Column), enter the percentage amount that corresponds to Account 115 Merchandise Inventory.
- Using Dashboard graphics, how do you display monthly sales differences?
- Type the monthly balances for monthly sales, and the total sales.
- When you want to show cumulative data on the Sales by Customer Detail report, what date range do you use?
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