Exam 9: Financial Investments

To record adjusting entries,use:

To record a credit purchase,use the:

All of the following are examples of recurring transactions,except:

To print multiple checks at one time,use:

When closing the accounting period you:

To print the Balance Sheet,select:

To create a memorized transaction for a utility bill,first enter the transaction in QuickBooks,then click:

The following are examples of possible memorized transactions except:

Deposits may be recorded using the:

Adjusting entries are used to:

To record a sales transaction,use the:

When you record the receipt of a customer payment QuickBooks reduces _______ and increases ________.

To print the Profit & Loss report,select:

To email an invoice,click the Email icon on the top of the Create Invoices window.Then:

When customer payments are received and recorded,QuickBooks reduces the ________ balance.

Before making adjusting entries you must:

To print the General Ledger,select:

QuickBooks automatically closes ________________ accounts to start each new year with a $0 balance in all _______________ accounts:

Briefly explain the difference between a permanent and a temporary account.

Credit sales are recorded using the _________ window.