Self-Assessment Check your knowledge of this chapter's key concepts and skills using the Self Assessment in your ebook or eLab course. True False True False 1. A customer is a person or a company to whom or which you issue funds 2. You can delete a customer from the Customers & Jobs List as long as that customer hasn't been used in a transaction. 3. If you want to invoice a customer for a service, the service must first be set up as an item. 4. When you use a sales receipt to bill a customer, Accounts Receivable is debited. True False True False 5. Invoicing a customer is also known as a customer making a purchase On account. True False True False True False 6. You can enter customers "on the fly" in the Create Invoices window. 7. When you void a transaction, every trace of it is removed from behind the scenes, but evidence that the transaction existed remains in QuickBooks 8. QuickZoom allows you to drill down to where data was originally entered. 9. If an invoice is entered but the receive Payments window is not used when the payment is recevied, your income will be double stated. 10. The Invoice Status Tracker shows you if an invoice is overdue. True False True False True False 11. Which account is debited when invoices are created? A. Accounts Payable B. Accounts Receivable C. Checking D. Income Account 12. What type of account is Undeposited Funds? A. Asset B. Liability C. Equity D. Income 13. Which QuickBooks form do you use when a customer is making a purchase on account? A. Enter Sales Receipts B. Create Sales Form C. Enter Invoice Receipt D. Create Invoices 14. Which report do you produce to see total sales for the company? A. Open Invoices B. Sales by Item Summary C. Customer Summary Report D. Company Quick Report QuickBooks Desktop 2020 Chapter 3: Working with Customers