To add an existing opening balance to a new account, choose:
A) New Account > Opening Balance
B) Account Options > Enter Opening Balance
C) Account > Opening Balance
D) Edit Account > Enter Opening Balance
Correct Answer:
Verified
Q1: When setting up an existing company in
Q3: When creating a new QuickBooks data file
Q5: Inventory items received should be compared against:
A)Purchase
Q6: When using QuickBooks, sales tax is:
A)Calculated manually
Q7: If the supplies on hand at the
Q8: Retail customers:
A)Pay no sales tax
B)Pay sales tax
C)Pay
Q8: The Chart of Accounts:
A)Verifies the accounting system
Q9: When recording the sale of a product,
Q10: When you place an order for items
Q16: When creating a new QuickBooks data file
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