Start your QuickBooks Online company. Complete all the hands-on work, step-by-step activities presented on pages 99-...

 

 
 

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Start your QuickBooks Online company. Complete all the hands-on work, step-by-step activities presented on pages 99- 140, and Exercise 3-1 and 3-2 on pages 140-143. To answer the questions below, use the information in QuickBooks from your Chapter 3 work. Required: For each item listed in the table below, select the corresponding QuickBooks report and input the balance for the date range 10/1/20XX to 10/30/20XX. Note: Enter your answers with 2 decimal places. Item Gross Profit Total Bank Accounts Total Current Assets Total Equity Total Expenses Total Fixed Assets Total Income Total Liabilities Report Balance Required: 1. What is the date of the beginning balance? 2. Recreate the journal entry for the beginning balance transaction. 3. What reports show the beginning balance? 4. What are the steps to access the Account List? 5. What are the steps to access the Journal? 6. When you set up sales tax, what areas are set up automatically? 7. Using the Dashboard's data metrics for Profit and Loss, Expenses, Sales, and Bank Accounts, type the October 30 and October 17 balances. Then, type the difference. 8. Instead of the Dashboard's data metrics, what is another way 10/17/XX and 10/30/XX balances for Profit and Loss, Expenses, Sales, and Bank Accounts can be checked? Answer the questions below. 1. What is the QBO step sequence for the report that shows expenses, sales and net income? 2. What is the QBO step sequence for the report that shows bank accounts and net income? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the date of the beginning balance? Required 4 < Required 1 Required 5 Required 6 Required 2 > Required 7 Required 8 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Recreate the journal entry for the beginning balance transaction. Account Number and Name Debit < Required 1 Credit Required 3 > Required 7 Required 8 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What reports show the beginning balance? < Required 4 Required 2 Required 5 Required 6 Required 4 Required 7 Required 8 Required 1 Required 2 Required 3 Required 4 What are the steps to access the Account List? < Required 3 Required 5 Required 6 Required 5 > Required 7 Required 8 Required 1 Required 2 Required 3 What are the steps to access the Journal? Required 4 < Required 4 Required 5 Required 6 Required 6 Required 7 Required 8 Required 1 Required 2 Required 3 Required 4 Required 5 When you set up sales tax, what areas are set up automatically? Required 5 Required 6 Required 7 > Required 7 Required 8 Required 1 Required 2 Required 3 Required 4 Data Analysis Profit and Loss (rounded) Expenses Sales Bank Accounts Using the Dashboard's data metrics for Profit and Loss, Expenses, Sales, and Bank Accounts, type the October 30 and October 17 balances. Then, type the difference. Note: Round your final answers to 2 decimal places. October 30 October 17 Required 5 Required 6 Required 6 Required 7 Difference Required 8 Required 8 Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Instead of the Dashboard's data metrics, what is another way 10/17/XX and 10/30/XX balances for Profit and Loss, Expenses, Sales, and Bank Accounts can be checked? Answer the questions below. 1. What is the QBO step sequence for the report that shows expenses, sales and net income? 2. What is the QBO step sequence for the report that shows bank accounts and net income? 1. What is the QBO step sequence for the report that shows expenses, sales and net income? 2. What is the QBO step sequence for the report that shows bank accounts and net income? < Required 7 Required 8 Show less A Start your QuickBooks Online company. Complete all the hands-on work, step-by-step activities presented on pages 99- 140, and Exercise 3-1 and 3-2 on pages 140-143. To answer the questions below, use the information in QuickBooks from your Chapter 3 work. Required: For each item listed in the table below, select the corresponding QuickBooks report and input the balance for the date range 10/1/20XX to 10/30/20XX. Note: Enter your answers with 2 decimal places. Item Gross Profit Total Bank Accounts Total Current Assets Total Equity Total Expenses Total Fixed Assets Total Income Total Liabilities Report Balance Required: 1. What is the date of the beginning balance? 2. Recreate the journal entry for the beginning balance transaction. 3. What reports show the beginning balance? 4. What are the steps to access the Account List? 5. What are the steps to access the Journal? 6. When you set up sales tax, what areas are set up automatically? 7. Using the Dashboard's data metrics for Profit and Loss, Expenses, Sales, and Bank Accounts, type the October 30 and October 17 balances. Then, type the difference. 8. Instead of the Dashboard's data metrics, what is another way 10/17/XX and 10/30/XX balances for Profit and Loss, Expenses, Sales, and Bank Accounts can be checked? Answer the questions below. 1. What is the QBO step sequence for the report that shows expenses, sales and net income? 2. What is the QBO step sequence for the report that shows bank accounts and net income? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the date of the beginning balance? Required 4 < Required 1 Required 5 Required 6 Required 2 > Required 7 Required 8 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Recreate the journal entry for the beginning balance transaction. Account Number and Name Debit < Required 1 Credit Required 3 > Required 7 Required 8 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What reports show the beginning balance? < Required 4 Required 2 Required 5 Required 6 Required 4 Required 7 Required 8 Required 1 Required 2 Required 3 Required 4 What are the steps to access the Account List? < Required 3 Required 5 Required 6 Required 5 > Required 7 Required 8 Required 1 Required 2 Required 3 What are the steps to access the Journal? Required 4 < Required 4 Required 5 Required 6 Required 6 Required 7 Required 8 Required 1 Required 2 Required 3 Required 4 Required 5 When you set up sales tax, what areas are set up automatically? Required 5 Required 6 Required 7 > Required 7 Required 8 Required 1 Required 2 Required 3 Required 4 Data Analysis Profit and Loss (rounded) Expenses Sales Bank Accounts Using the Dashboard's data metrics for Profit and Loss, Expenses, Sales, and Bank Accounts, type the October 30 and October 17 balances. Then, type the difference. Note: Round your final answers to 2 decimal places. October 30 October 17 Required 5 Required 6 Required 6 Required 7 Difference Required 8 Required 8 Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Instead of the Dashboard's data metrics, what is another way 10/17/XX and 10/30/XX balances for Profit and Loss, Expenses, Sales, and Bank Accounts can be checked? Answer the questions below. 1. What is the QBO step sequence for the report that shows expenses, sales and net income? 2. What is the QBO step sequence for the report that shows bank accounts and net income? 1. What is the QBO step sequence for the report that shows expenses, sales and net income? 2. What is the QBO step sequence for the report that shows bank accounts and net income? < Required 7 Required 8 Show less A

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Required 1 The date of the beginning balance is 10120XX Required 2 Account Numbe... View the full answer