ACC/306 ACC306 ACC 306 WEEK 7 QUIZ

ACC 306 WEEK 7 QUIZ

Quiz

  • Question 1
   
 

The Income Statement:

     

 

   
     
  • Question 2
   
 

Non-posting accounts:

     

 

   
     
  • Question 3
   
 

Which of the following is considered a permanent account?

     

 

   
     
  • Question 4
   
 

What are assets?

     

 

   
     
  • Question 5
   
 

Income Statement accounts are also called:

     
   
   

 

   
     
  • Question 6
   
 

Double-entry account records are exchanged in a transaction (debits and credits). Which of the following is recorded when a company purchases (receives) a computer and pays (gives) cash?

     
   
   

 

   
     
  • Question 7
   
 

The Home page in QuickBooks consists of all the following sections except:

     
   
   

 

   
     
  • Question 8
   
 

In QuickBooks, how do you enter transaction information?

     
       
  • Question 9
   
 

Which type of QuickBooks data file allows you to enter data and transactions?

     
   
   

 

   
     
  • Question 10
   
 

To change a company name in QuickBooks, select the following from the Menu Bar:

     
   
   

 

   
     

 

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