QuickBooks Chapter 5 (2022/2023) Graded A+

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QuickBooks Chapter 5 (2022/2023) Graded A+ Describe the process for increasing or decreasing the width of a column in the listing of bills to pay. Select one: a. Click and hold your mouse between... two columns and drag to the left to decrease the width of a column and drag to the right to increase the width of a column. b. Hover your mouse over the column to see a menu with the options to increase or decrease the width of the column. c. None of these options. ✔✔a Describe the steps to create a new product from within a purchase order. Select one: a. None of these options. b. Open the customer's account, click on the menu icon, choose Purchase Order, then select New Product. c. Choose Purchase Order in the navigation bar, choose New Product from the menu. d. From a purchase order, click in the Product/Service column on line 1 of the purchase order's Item details section and select Add New. ✔✔d What account(s) are affected when a bill from a vendor supplying you product is recorded? Select one: a. Inventory and accounts payable b. Accounts payable and accounts receiveable c. Accounts payable d. Inventory ✔✔a What are the steps to record a check written to pay something other than bills? Select one: a. Click the Create (+) icon and then click Check. b. Click the Create (+) icon and then click Payment, then Check. c. Click on the menu icon, choose Payment, then choose Check. d. Choose Expense in the navigation bar, then select Check. ✔✔a What are the steps to record a credit card charge? Select one: a. Click on the menu icon, choose Expense, then choose Credit Card Charge. b. Click the Create (+) icon and then click Expense. c. Choose Expense in the navigation bar, then select Credit Card Charge. ✔✔b What are the steps to view a transaction report for the checking account from a trial balance? Select one: a. Click Reports in the navigation bar, then Transactions and Checking to view the transaction report. b. Click on the menu icon, choose Reports, then choose Transactions, and then Checking to view the transaction report. c. From a trial balance click the checking account balance to view its transaction report. ✔✔c What are the steps to view a transaction report for the inventory account from a trial balance? Select one: a. From a trial balance click the inventory account balance to view its transaction report. b. Click Reports in the navigation bar, then Inventory and Transactions to view the transaction report. c. Click on the menu icon, choose Reports, then choose Inventory, then Transactions to view the transaction report. ✔✔a What happens when you create a new purchase order to a vendor from whom you recently placed a different purchase order? Select one: a. The Item details section of the purchase order is partically filled out. You will need to review and add the missing information. b. A pop-up box will appear letting you know this vendor already exists and gives you the option to choose new purchase order or edit prior order. c. The Item details section of the purchase order is blank and must be completed again. purchase order completed for this vendor. d. The Item details section of the purchase order is filled out with information from the last purchase order completed for this vendor. ✔✔d Why does a business use purchase orders? Select one: a. A business uses purchase orders to bill vendors. b. A business uses purchase orders to formally order products or services from its vendors. They are also used as a reference and control for products received. c. A business uses purchase orders to track orders delivered to its vendors. They are also used as a way to track warehouse efficiency. d. None of these options. ✔✔b When you click Pay Bills after clicking the Create (+) icon, a listing of possible bills that can be paid appears? Select one: True False ✔✔True [Show More]

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