What is the purpose of the Fixed Asset Item List? A. It properly depreciates an asset. B. It is part of the Accountant version of QuickBooks and is used by financial professionals. C. It records the purchase transactions for a fixed asset behind the scenes D. It is a convenient way to track fixed assets. Pierre wants to use the Loan Manager to track the long- term liability for his new Nissan Leaf. What accounts must he set up prior to setting up the loan? A. Current Liability, Fixed Asset, Interest Expense B. Long-Term Liability, Fixed Asset, Depreciation Expense C. Other Current Liability, Depreciation Expense, Escrow D. Long-Term Liability, Interest Expense, Escrow What account is credited when you use an Other Charge item to route bad debt to an expense account? A. Accounts Receivable B. Checking C. Bad Debt D. Accounts Payable Jasmine is considering purchasing a backhoe for her construction business. What feature will help her compare different loan options? A. Loan Manager B. Long-Term Liability Tracker C. Loan Tracker D. Goal Seek