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ACC/306 ACC306 ACC 306 WEEK 8 QUIZ

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ACC 306 WEEK 8 QUIZ Quiz • Question 1 When the balance of an equity account, like Capital Stock, increases, it means that the account has been: • Question 2 Timing differences discovered when reconciling the bank statement that the bank has not recorded yet, include: • Question 3 When paying a bill, QuickBooks automatically: • Question 4 To print multiple checks at one time: • Question 5 When the balance of an asset account, like Checking, increases, it means that the account has been: • Question 6 Which one of the following activities is shown in the Customer section of the Home page? • Question 7 From the Customers Section, “Assess Finance Charges” allows you to: • Question 8 Sales in QuickBooks can be recorded with all the following means of payment, except: • Question 9 From the Customers Section, “Create Credit Memos/Refunds” allows you to: • Question 10 When a credit sale is recorded on an invoice, QuickBooks records:

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