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Question 9 (1 point) QuickBooks is: not suitable for small businesses not suitable for medium-sized businesses not available online an accounting software Question 10 (1

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Question 9 (1 point) QuickBooks is: not suitable for small businesses not suitable for medium-sized businesses not available online an accounting software Question 10 (1 point) Which of the following statements is FALSE - you can delete an existing General Ledger account if it: has a small balance does not have any sub-accounts does not have any transaction history does not have a current balance Question 11 (1 point) Records transactions for a new chequing account. This activity affects what type of GL account below? Bank Chequing O Equity O Loan Question 12 (1 point) Which statement correctly pairs form debits and credits to GL accounts? The Enter Bills form debits an expense and credits Revenue The Credit Card Purchase/ Charge form debits Chequing and credits an expense The Enter Bills form debits an expense and credits Accounts Payable The Write Cheques form debits an expense and credits Accounts Payable Question 13 (1 point) Revenue from training courses. This activity affects which type of GL account below? Income Equity Loan Question 14 (1 point) The GL account Revenues from in-store sales will have which of the following normal balance: debit credit both

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