help me with this account information system question

2 Required information Exercises 2-1 to 2-3 Part 2 of 2 Start your QuickBooks Online company. Complete all the hands-on work, step-by-step activities presented on pages 53-89, and Exercises 2-1 and 2-2 on pages 90-92. To answer the questions below, use the information in QuickBooks from your Chapter 2 work. 5 points O Exercise 2-3: Problem Solving 8 00:11:07 Required: 1. On the Chart of Accounts, why are the account type and detail type selections important? References O Account and detail types classify accounts for the financial statements. O Default accounts are numbered and are shown on the Journal and Trial Balance. The types allow for a numbering system. Types include beginning balances. 2. To explain the account and detail types, three accounts have been given in the table below. Select the appropriate answers for account type, detail type, account number, and corresponding financial statement for each account. Account Type Account Number Account Detail Type Financial Statement 201 Balance Sheet Accounts Payable Bank Accounts Payable (AVP) Checking Depreciation Expense Accounts Payable (AIP) Checking Office/General Administrative Expenses 101 Balance Sheet Balance Sheet 607 Expenses Required information Exercises 2-1 to 2-3 of 2 Start your QuickBooks Online company. Complete all the hands-on work, step-by-step activities presented on pages 53-89, and Exercises 2-1 and 2-2 on pages 90-92. To answer the questions below, use the information in QuickBooks from your Chapter 2 work. Exercise 2-3: Problem Solving DO:10:27 Required: 1. On the Chart of Accounts, why are the account type and detail type selections important? Terences O Account and detail types classify accounts for the financial statements. O Default accounts are numbered and are shown on the Journal and Trial Balance. The types allow for a numbering system. Types include beginning balances. 2. To explain the account and detail types, three accounts have been given in the table below. Select the appropriate answers for account type, detail type, account number, and corresponding financial statement for each account. Detail Type Financial Statement Account Account Type Balance Sheet Accounts Payable (A/P) Checking Depreciation Expense Accounts Payable Bank Expenses Account Number 201 101 607 Accounts Payable (A/P) Checking Office/General Administrative Expenses Balance Sheet Balance Sheet