queation 7:

question 9:

question 10:

By default, hourly employee time billed to customers on invoices are recorded using Select one: o A. the sales price associated with the service item o B. the sales price associated with the specific job o C. the employee's wage rate O D. the rate entered by the user when the invoice is created When setting up the Account and Settings for billable expenses which option below would credit the full amount of a billable expense to the original account debited when the expense was created? Select one: Bills and expenses Show Items table on expense and purchase forms Track expenses and items by customer Make expenses and items billable Markup with a default rate of 100 * Track billable expenses and items as income tills and expenses Showitems table on expense and purchase forms on Thuck expenses and items by customer On Make expenses and tomabillable ON Default bill payment to Bills and expenses Show Items table on expense and purchase forms Track expenses and items by customer O Make expenses and items billable Markup with a default rate of 10.0 % Track billable expenses and items as income In a single account In multiple accounts . Bills and expenses Show Items table on expense and purchase forms Markup with a default rate of 10.0 > Track billable expenses and items as income In a single account In multiple accounts O d. Malcolm & Company incurred some costs on behalf of their client, Puma Inc. in January. Puma wasn't billed for the costs until February. The work for Puma was started and completed in February. Malcolm prepared financial statements for January and for February On which financial statement should those costs appear? Select one: O A. Income statement for February, Balance sheet for February B. Income statement for both January and February C. Balance sheet for both January and February D. Balance sheet in January, Income statement for February O