quickbooks: Mutli choice

1. what effect does an invoice have on your books?

invoice increase accounts receivable and usually increase income

invoice decrease accounts receivable and usually increase income

invoice increase accounts payable and usually increase expenses

invoice decrease accounts payable and usually decrease expense.

2.when a company collects deduction and withholding from employees paychecks; what kind of account does QuickBooks use to track the amount of money that was deducted

expense

assets

payroll expense

liability

3.Which statement is NOT true regarding items

1. When you purchase or sell an item the value of the purchase or sale flows to the specified account you selected when he set up the item.
2. items let you set up default sale and purchase prices for the products and services you sell
3. you can change the description and price associated with an item on individual sale and purchase transactions
4. QuickBooks requires the use of items when recording a check

4.which statement is true about deleting something from a list(eg customer,item,account,etc)

you can select a record form a list if it has not been used in a prior financial year. ???

you cannot delete a record form a list

you can delete a record if you enter the allow changes password set up in the accounting preferences

you can select a record from a list it has not balance, it has not been used and is not linked to anything that has been used.