ACC 306 Week 10 Quiz | Accounting Assignment Help | Strayer

ACC 306 Week 10 Quiz | Accounting Assignment Help | Strayer


Question 1

 

The vendor used for the Loan Payable account is First Trust Bank.

 

Question 2

 

You cannot drill down to transactions from the Recent Transactions links.

 

Question 3

 

QB Cloud purchases Data storage from Ample Store Inc.

 

Question 4

 

Which report shows you information on your income and expenses for a specific period?

 

Question 5

 

Search for a QBO transaction by selecting the Plus sign to go to the Create Menu.

 

Question 6

 

Customers are people who purchase products and services from you.

Question 7

 

This report lists transactions subtotaled by each account on the chart of accounts.

 

Question 8

 

The source documents in Chapter 10 include.

 

Question 9

 

You cannot merge two accounts that are not the same type.

 

Question 10

This report summarizes key information such as quantity on hand, value, and average cost for each item.

 

 

 

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