Quickbooks knowledge check

4. You received payments for multiple invoices, and now you need to deposit them. Where do you go next? a) Left Navigation Bar->Banking b) Sales->Customer->Receive Payment c) + New icon->Receive Payment d) +New icon->Bank Deposit 5. You need to identify which customers you sell to the most. Which report will help you with this? a) Profit and Loss b) Sales by Item Detail c) Sales by Customer Summary d) Open Invoice 6. What information does an Accounts Receivable Aging Summary report display? a) Customer charges you have not yet invoiced. b) Overdue invoices with due dates, days past due, and totals for each customer. c) Unpaid balances for each customer, grouped by days past due. d) The total amount of your unpaid bills, grouped by days past due. 7. Which two statements about credit memos are True? a) A credit memo can be used by the customer as payment for an invoice. b) A credit memo can be added as a line item to future invoices. c) A credit memo does not impact sales reports until it is applied to an invoice. d) A credit memo immediately reduces a customer's current open balance. 8. For each statement about creating invoices in QuickBooks Online, select True or False: a) The customer address is required for invoices but optional for Sales Receipts. b) When a customer will pay you sometime after they make a purchase, you should create an invoice. c) You can use Save and Send to save an invoice and attach it to an email message directly from QuickBooks Online. d) When a customer pays you at time of sale it is recorded with a sales receipt, when a customer pays you on terms, it is recorded with an invoice