Chapter 10 QuickBooks Questions and
Answers Already Passed
In Chapter 10, use the ______________________ to reconcile Account 101 Checking.
a. Activity list.
b. Account and Settings.
c. Vendor purchases.
d. Bank statement.
e. None ✔✔Bank statement
March 31 is the end of the:
a. Fourth quarter.
b. Third quarter.
c. Second quarter.
d. First quarter.
e. None ✔✔First quarter.
The source documents in Chapter 10 include.
a. Credit card sales.
, b. Accounts payable transactions.
c. Accounts receivable transactions.
d. Checks.
e. All. ✔✔All.
At the end of March, adjustments for the following accounts are made except for:
a. Rent expense.
b. Insurance expense.
c. Accumulated depreciation.
d. Checking account balance.
e. None. ✔✔Checking account balance
What report do you run to display overdue bills?
a. Accounts Payable Aging report.
b. Accounts Receivable Aging report.
c. Open Bills.
d. Audit Log.
e. None ✔✔Accounts Payable Aging report
Answers Already Passed
In Chapter 10, use the ______________________ to reconcile Account 101 Checking.
a. Activity list.
b. Account and Settings.
c. Vendor purchases.
d. Bank statement.
e. None ✔✔Bank statement
March 31 is the end of the:
a. Fourth quarter.
b. Third quarter.
c. Second quarter.
d. First quarter.
e. None ✔✔First quarter.
The source documents in Chapter 10 include.
a. Credit card sales.
, b. Accounts payable transactions.
c. Accounts receivable transactions.
d. Checks.
e. All. ✔✔All.
At the end of March, adjustments for the following accounts are made except for:
a. Rent expense.
b. Insurance expense.
c. Accumulated depreciation.
d. Checking account balance.
e. None. ✔✔Checking account balance
What report do you run to display overdue bills?
a. Accounts Payable Aging report.
b. Accounts Receivable Aging report.
c. Open Bills.
d. Audit Log.
e. None ✔✔Accounts Payable Aging report
