Required information

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Start your QuickBooks Online company. Complete all the hands$-$on work, step$-$by$-$step activities presented on pages $53-$

$94,$ and Exercises $2-1,2-2$ and $2-3$ on pages $94-96.$ To answer the questions below, use the information in QuickBooks

from your Chapter $2$ work.

Required:

On the Chart of Accounts, why are the account type and detail type selections important?

To explain the account and detail types, three accounts have been given in the table below. Select the appropriate answers for

account type, detail type, account number, and corresponding financial statement for each account.

Complete this question by entering your answers in the tabs below.

Required B

On the Chart of Accounts, why are the account type and detail type selections important?