This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Put the following into the correct order for processing a sale on account with QuickBooks. A. ... (Read 43 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
on: Jul 5, 2018
Put the following into the correct order for processing a sale on account with QuickBooks. A. Prepare reports. B. Record the sale by completing an electronic invoice form. C. Record collection of payment by completing a receive payment form.
 a. BCA
  b. ABC
  c. BAC
  d. CBA

Question 2

Veronica Lodge borrowed 15,000 from a bank on January 1, 2013 to finance her new business. She agrees to repay the bank on December 31, 2013, with 750 interest on the loan.
 
  In addition to increasing cash, what else should Veronica record on January 1, 2013?
   a. an increase in a liability of 15,000
   b. an increase in a liability of 15,750
   c. an increase in equity of 15,000
   d. an increase in a liability of 15,750, and a decrease in equity of 750


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

T4T

  • Sr. Member
  • ****
  • Posts: 348
Reply #1 on: Jul 5, 2018
Answer to Question 1

a

Answer to Question 2

a


P68T

  • Hero Member
  • *****
  • Posts: 509
Reply #2 on: Jul 5, 2018
Thank you


T4T

  • Sr. Member
  • ****
  • Posts: 348
Reply #3 on: Jul 5, 2018
No problemo


« previous next »
 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Sample inventory order form. Sample inventory order form.
Sample purchase order form. Sample purchase order form.
Metastasis Cancer Order Metastasis Cancer Order
If the valve clearance (lash) is not correct, loosen the retaining nut and turn the valve adjusting ... If the valve clearance (lash) is not correct, loosen the retaining nut and turn the valve adjusting ...
Higher-Order Conditioning Higher-Order Conditioning
Chewing & Swallowing: Food Processing Begins Chewing & Swallowing: Food Processing Begins
Video: Role of complement proteins

For a complete list of videos, visit our video library