1/ The operations of Quick Books can be classified into four levels. Please identify and describe...
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1/ The operations of Quick Books can be classified into four levels. Please identify and describe each of the levels. 2/ Discuss the advantages and disadvantages of Quick Books online feature of 'Multi-user software" and the "Single- user software" 3/ Discuss the advantages of using a computerized accounting software package instead of using non- computerized accounting methods. 4/ Describe the "Chart of Accounts" and discuss the importance of this list when using Quick Books. 4a/ Access Quick Books on line and print out the Chart of Accounts. Using the printed list identify the accounts according to Accounting Classifications (example - cash - assets etc.,) 4b/ Explain the difference between the Chart of Accounts and the Account List. 5/ List the system defaults account in Quick Books and explain the purpose of any FOUR default accounts (hint- there are many such accounts in Quick Books) 1/ The operations of Quick Books can be classified into four levels. Please identify and describe each of the levels. 2/ Discuss the advantages and disadvantages of Quick Books online feature of 'Multi-user software" and the "Single- user software" 3/ Discuss the advantages of using a computerized accounting software package instead of using non- computerized accounting methods. 4/ Describe the "Chart of Accounts" and discuss the importance of this list when using Quick Books. 4a/ Access Quick Books on line and print out the Chart of Accounts. Using the printed list identify the accounts according to Accounting Classifications (example - cash - assets etc.,) 4b/ Explain the difference between the Chart of Accounts and the Account List. 5/ List the system defaults account in Quick Books and explain the purpose of any FOUR default accounts (hint- there are many such accounts in Quick Books)
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Answer rating: 100% (QA)
1 The four levels of operations in Quick Books are Setup During Setup the user will create a company file and set up the Quick Books program according to the company s needs This includes entering inf... View the full answer
Related Book For
Accounting Information Systems
ISBN: 9780132871938
11th Edition
Authors: George H. Bodnar, William S. Hopwood
Posted Date:
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