This topic contains a solution. Click here to go to the answer

Author Question: Which of the following statements are true about recording Adjusting Entries in QuickBooks? a. ... (Read 63 times)

colton

  • Hero Member
  • *****
  • Posts: 627
Which of the following statements are true about recording Adjusting Entries in QuickBooks?
 a. QuickBooks automatically enters Adjusting Entries.
   b. The only difference between Adjusting and General Entries is to check the Adjusting Entry box on the journal screen.
   c. Adjusting Entries are only entered once a year.
   d. None of the above

Question 2

What general ledger account(s) is (are) required to control an expenditures subsidiary ledger?
 
  a. Appropriations
  b. Expenditures
  c. Encumbrances
  d. All of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

billybob123

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

b

Answer to Question 2

D




colton

  • Member
  • Posts: 627
Reply 2 on: Jul 6, 2018
:D TYSM


momolu

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

For a complete list of videos, visit our video library