Question 1

Before making adjusting entries,you should:

Accepted Answer

A) Close permanent accounts 
B) Prepare a Trial Balance 
C) Close temporary accounts 
D) Prepare a balance sheet 
A) Close permanent accounts 
B) Prepare a Trial Balance 
C) Close temporary accounts 
D) Prepare a balance sheet

Question 2

Briefly explain the difference between voiding and deleting an erroneous document in order to correct an error entered in QuickBooks.

Accepted Answer

Once a document has been saved,we can vo

Question 3

To record adjusting entries,use:

Accepted Answer

A) Reports Menu > General Journal Entries 
B) Accountant Menu > Make General Journal Entries 
C) Banking Menu > Make General Journal Entries 
D) Home > Journal Entries 
A) Reports Menu > General Journal Entries 
B) Accountant Menu > Make General Journal Entries 
C) Banking Menu > Make General Journal Entries 
D) Home > Journal Entries

Before making adjusting entries,you should:

Briefly explain the difference between voiding and deleting an erroneous document in order to correct an error entered in QuickBooks.

To record adjusting entries,use:

Navigation and Settings

Chart of Accounts

Transactions

Banking

Customers and Sales

Vendors and Expenses

Inventory

Employees and Payroll

Reports

Service Company

Merchandise Company

Features for Accountants

Desktop Versus Quickbooks Online

Review Guide

Filters

Exam 9: Adjustments

Before making adjusting entries,you should:

Briefly explain the difference between voiding and deleting an erroneous document in order to correct an error entered in QuickBooks.

To record adjusting entries,use:

Navigation and Settings

Chart of Accounts

Transactions

Banking

Customers and Sales

Vendors and Expenses

Inventory

Employees and Payroll

Reports

Service Company

Merchandise Company

Features for Accountants

Desktop Versus Quickbooks Online

Review Guide

Filters