Question: Questions about quickbooks, please help me! I need help desperately! You want to calculate the depreciation and then record the depreciation on a piece of

Questions about quickbooks, please help me! I need help desperately!

You want to calculate the depreciation and then record the depreciation on a piece of equipment using the straight-line depreciation method. Knowing that a depreciation entry doesnt impact any of your bank accounts directly, which QuickBooks window(s) do you use to enter this information?

A Chart of Accounts

B Expense

C Account

D Journal Entry

A sole proprietor uses a business check to pay for a personal expense. To record this check in the companys books, she opens a page for that check number and enters the information for the payee, checking account, payment date, check number, description, and dollar amount. What should she choose for the Category field?

A Expense

B Loan Payment

C Owners Draws (Equity)

D Salary

Youve decided to clean up your companys Products and Services list by creating product categories and then assigning products accordingly. How would you create new product categories?

A In the Account and Settings window, click the Sales tab and in the Products and Services section, turn on Track inventory.

B In the Products and Services list, click the More button, and choose Manage Categories.

C In the Products and Services list, click the New button, and choose Non-inventory.

D In the Products and Services list, click on any product or service item and drag to another item to create a category.

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