Question

True or False

1. The check register list all accounts and their number.

2. Write check is associated with the Banking section of the Home Page.

3. To record a cash sale we must create a sales receipt then record the bank deposit.

4. When recording an Invoice, QuickBooks credits Accounts Receivable

5. The Enter Bill window is used to record services received but not yet paid.

6. An invoice is used to order goods.

7. We use the customer window to customize QuickBooks.

Answer 1

1)(False)Because of the Check Register Records all activities concerning the Checking account.

2)(True)Write check is correlated with the Banking sector of the Home Page. Because this task may be performed in the banking section

4)(True)If a client pays you for an open invoice, you require to begin the payment in QuickBooks. Recording invoices is a portion of the Accounts Receivable.

5)(True)The Enter Bill window is used to record services received but not yet paid.

6)(False)An invoice is regularly sent before the goods have been transported to the customer.