ACC 306 Week 7 Quiz | Accounting Assignment Help | Strayer

ACC 306 Week 7 Quiz | Accounting Assignment Help | Strayer

Question 1

By default, each report shows data as of the current or today’s date.


Question 2

You can look at the Journal to see all the transactions that were entered.


Question 3

Use the __________________________ to record a journal entry.


Question 4 


To go beyond QBO’s customize report feature, save the recommended report as a PDF file. 


Question 5

To view your company financial information, display transactions.


Question 6

Using the Bank Statement, go to the Journal to reconcile checking account activity.


Question 7 

Bills are entered to record an expense or purchase of assets. 


Question 8


____________________________________report economic information about the business.



Question 9

Use products and services to enter consistent transaction descriptions, prices and rates.



Question 10


Cash basis accounting means you count income or expenses as soon as you invoice or receive a bill and before you actually receive or pay money. 

 

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