NAME KEY
QUICKBOOKS DESKTOP 2018:
A COMPLETE COURSE
CHAPTER 3 EXAM
Payables And Purchases: Service Business
TRUE/FALSE
ANSWER THE FOLLOWING QUESTIONS IN THE SPACE PROVIDED BEFORE THE QUESTION
NUMBER.
makes changes on the form used to record the transaction; it also
changes all journal and account entries for the transaction to reflect the
correction.
between check numbers.
company check was written by hand.
EXAM KEY 3-
2
QUICKBOOKS DESKTOP 2018: A Complete Course
MULTIPLE CHOICE
WRITE THE LETTER OF THE CORRECT ANSWER IN THE SPACE PROVIDED
BEFORE THE QUESTION NUMBER.
A. a check is written but it is not printed until the bill is due
B. it is entered as a bill
C. you record a General Journal entry for the bill
D. QuickBooks Desktop deducts the amount due from the checking
account
A 12. The Vendor Balance Summary shows .
A. vendors and their balances
B. transactions and balances for all vendors
C. the transactions for each vendor
D. the vendor list
A. as a Bill Payment
B. in the Cash account
C. in the Petty Cash Register
D. all the above
A. the chart of accounts
B. accounts payable
C. the cash account
D. supplies
Basis from the heading of all reports you .
A. change the Report Preferences
B. modify the Header on the individual report
C. it cannot be removed
D. once you remove it from a report header, it never shows up again
amounts.
A. Graphs
B. QuickZoom
C. Invoices
D. The Balance Sheet
Exam Chapter 3—Key EXAM KEY 3-
3
A. writing a check
B. using the Pay Bills window
C. using petty cash
D. allowing QuickBooks Desktop to generate the check automatically five
days before the due date
D 18. A QuickBooks Desktop register .
A. is prepared for every balance sheet account
B. contains records of all activity for an account
C. can be used to record transactions
D. all the above
or .
A. on the check
B. on the Accounts Payable Graph
C. in the Accounts Payable Register
D. none of the above
A. Customer Balance Summary
B. Customer Detail Summary
C. Customer Summary
D. Accounts Receivable Detail
FILL-IN
IN THE SPACE PROVIDED, WRITE THE ANSWER THAT MOST APPROPRIATELY
COMPLETES THE SENTENCE.
of the chart of accounts along with checking and savings accounts.
the Detail sections.
25. When entering several bills at once on the Enter Bills screen, you