Intuit bookkeeping Study guides, Class notes & Summaries

INTUIT BOOKKEEPING EXAM 2024 WITH ACTUAL CORRECT QUESTIONS AND VERIFIED DETAILED ANSWERS BY EXPERTS |FREQUENTLY TESTED QUESTIONS AND SOLUTIONS |ALREADY GRADED A+|NEWEST |GUARANTEED PASS |LATEST UPDATE

Intuit QuickBooks Bookkeeping Latest Update Questions and 100% Verified Correct Answers Guaranteed A+

Intuit Academy Bookkeeping Professional Certificate Liabilities and Equity questions and answers.

Intuit Academy Bookkeeping Professional Certificate Liabilities and Equity questions and answers.

BOOKKEEPING CLASS BY INTUIT ASSSESSMENT TEST QUESTIONS WITH CORRECT ANSWERS What is the fifth step to the Accounting Cycle? -ANSWER- Preparing an adjusted Trial Balance. What is the sixth step to the Accounting Cycle? -ANSWER- Preparing Financial Statements. What is an UNADJUSTED Trial Balance? -ANSWER- A listing of general ledger account balances at the end of a reporting before adjusting entries are made. What is an ADJUSTED Trial Balance -ANSWER- A listing of ledger account balanc...

INTUIT ACADEMY BOOKKEEPING, PROFESSIONAL CERTIFICATE BASIC BOOKKEEPING QUESTIONS AND ANSWERS

The Accounting Principle - You can't mix business and personal assets or expenses. Accounting Equation - Assets = Liabilities + Owner's Equity or Assets - Liabilities = Owner's Equity Expanded Accounting Equation - Assets = Liabilities + Equity + Revenue - Expenses - Dividends The Five Account Types - Assets, Liabilities, Equity, Revenue, Expenses Normal balance of the five account types - Assets- Normal Dr balance Expenses- Normal Dr balance Dividends- Normal Dr balance Equity- Nor...

QuickBooks Practice Test 100 Questions with Verified Answers Which of the following reports answers the question "What transactions make up the current balance I owe each Vendor?" - CORRECT ANSWER Vendor Balance Detail - for each vendor, QB lists the transactions that contribute or make up what you owe During the Advanced/Detailed Setup, you can turn on and off which features in the EasyStep Interview? - CORRECT ANSWER All of the above: Sales taxes; Inventory; Progress Invoicing Duri...

QuickBooks Certification Practice 100 Questions with Verified Answers When setting up a company, what should you do when you reach the Trial Balance/Opening Balances page? - CORRECT ANSWER There is no page or option called Trial Balance/Opening Balances. You can use the Opening Balance Field when you add Vendors (A/P) and Customers (A/R) to enter these balances. Which of the following CANNOT be entered during the setup of a new company (Express Start or Advanced/Detailed Setup) file? - COR...

QuickBooks Questions and Answers Already Passed Complete the following statement: The QuickBooks Online ____________ is a platform that you and your clients can use to build the perfect solution, by adding ___________ that bring additional functionality. 1. ecosystem; 2. apps How many points does your firm need to reach the platinum tier of the ProAdvisor® program? 800 Which Intuit product allows you to manage your clients and your practice all in one place? QB Accountant Which of the follo...