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Q9.1 QuickBooks Online uses which basis of accounting? a. Accrual b. Cash c. Both a and b d. Neither a norb Q9.2 At the end
Q9.1 QuickBooks Online uses which basis of accounting? a. Accrual b. Cash c. Both a and b d. Neither a norb Q9.2 At the end of an accounting period, adjusting entries are made to: a. To ensure a profit b. Bring the accounts up to date c. Debit or credit the checking account d. Prove that debits equal credits Q9.2 At the end of an accounting period, adjusting entries are made to: a. To ensure a profit b. Bring the accounts up to date c. Debit or credit the checking account d. Prove that debits equal credits
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