Accounts are used to classify transaction information for:
A) Additional detail.
B) Trial Balance.
C) Reporting purposes.
D) Cost of Sales.
E) All of these.
Correct Answer:
Verified
Q1: When you sign out of the test
Q2: Another name for the Profit and Loss
Q3: The Dashboard is the central place for
Q5: This report lists transactions subtotaled by each
Q6: The balance sheet lists what you own
Q7: The Test Drive company is also known
Q8: To create transactions, use this icon:
A)Apps.
B)Gear.
C)Plus.
D)Magnifying-glass.
E)All of
Q9: Liability accounts usually start with the number
Q10: QuickBooks Online updates:
A)Automatically.
B)Never.
C)Every time you sign in
Q11: A Chart of Accounts is a list
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