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Four main categories of transactions in quickbooks

04/05/2021 Client: muhammad11 Deadline: 2 Day

1. All of the following is one of the four main categories of transactions in QuickBooks except?

MULTIPLE CHOICE

A. Customers

B. Vendors

C. Chart of accounts

D. Employees

2. Which of the following types of files identifies a QuickBooks Backup File?

MULTIPLE CHOICE

A. .QBB

B. .QBM

C. .QBW

D. QBX

3. Double-entry account records are exchanged in a transaction (debits and credits). Which of the following is recorded when a company purchases (receives) a computer and pays (gives) cash?

MULTIPLE CHOICE

A.The computer is recorded as a credit and the cash is recorded as a credit

B. The computer is recorded as a debit and the cash is recorded as a debit

C. The computer is recorded as a credit and the cash is recorded as a debit

D. The computer is recorded as a debit and the cash is recorded as a credit

4. The objective of an accounting information system, like QuickBooks, is to:

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