Creating a credit memo in QuickBooks allows you to do which of the following?

The Cookie Company would like to value their inventory. Which method in QuickBooks Enterprise should be used?

Which account does not have an account register?

Double clicking the diamond on the report column will trigger which of the following actions?

Sandy, who is a bookkeeper, needs to setup a Subcontractor item in the Chart of Accounts. Which list should she use?

Lisa is reviewing her company's sales tax liability report and notices a variance between sales tax liability and sales tax payable on the balance sheet. How should she make adjustments to correct the sales tax liability account?

Can you link quickbooks directly to your bank account?

If you select more than one bill to pay from the same vendor, Quickbooks automatically combines those payments into one check.

When you have a fair, and you are selling items there to customers that you don't want to enter on your customer list, as you may not see them again, you can enter them under miscellaneous customer account.

The correct accounting equation is assets = liabilities + Owners Equity

The shortcut to open Chart of Accounts is: