Accountingtest67

Front 1

what button within the receipts window is used to compute the new balance of the cash accounting

Back 1

recalculate

Front 2

to verify that the correct accounts have been debited and credited, what toolbar button would you use to view the accounting behind the screens window?

Back 2

journal

Front 3

which of the following would provide information needed for the cash account reconciliation?

Back 3

check register

Front 4

what toolbar button in the account reconcilitaion dialog box is used to enter withdrawals and other items that must be recorded to update the balance of the firm's cash accounting

Back 4

adjust

Front 5

when a business provides a service on credit to a customer, what function of peachtree is used to record the transaction

Back 5

sales /invoicing

Front 6

which of the following is the basic accounting equation?

Back 6

assets=liabilities+ owner's equity

Front 7

the financial statement that is a detailed version of the accounting equation is the

Back 7

balance sheet

Front 8

if the office supplies has a balance of 2,000 at the beginning of the period and 1,200 at the end of the period, the adjusting entry would include

Back 8

a debit to office supplies expense and a credit to office supplies for 800

Front 9

the adjusting entry for depreciation expense would include

Back 9

a debit to Depreciation expense and a credit to accumulated depreciation

Front 10

what are the two types of accounts that appear on the income statement

Back 10

revenue and expenses