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1
1. when you record a sales receipt, where is the customer's payment recorded?
A. undeposited funds\
B. deposited funds
C, your bank account
D. the account you select in the send payment: to drop-down list.
2. why would you restore a company file?
A. to review your company data as it stood in an earlier period or to replace a file was lost due to a computer crash.
B, to combine data from 2 separate company file or to replace a file that was lost due to a computer crash,
C. to review your company data as it stood in an earlier period or to combine data from 2 separate company files.
D. the only reason to ever restore a company file is to replace a file that was lost due to a computer crash.
3, which choice contains valid reasons for an accountant to enter a general journal entry?
A . to enter depreciation, make year-end adjustments, correct, and to avoid using the built-in forms(eg, checks and invoices)
B. to make year-end adjustments, correct, and to avoid using the built-in forms(eg, checks and invoices)
C. to enter depreciation, make year-end adjustments, correct, and to avoid using the built-in forms(eg, checks and invoices)
D. to enter depreciation, make year-end adjustments, and to correct errors.
Expert Solution
1. your bank account
2. to review your company data as it stood in an earlier period or to replace a file was lost due to a computer crash.
3.to enter depreciation, make year-end adjustments, correct, and to avoid using the built-in forms(eg, checks and invoices)
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