12. The accounts that may be reconciled are A. income and expenses B. cost of go
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12. The accounts that may be reconciled are A. income and expenses B. cost of goods sold C. all balance sheet accounts D. both A and B above 13. To print a reconciliation report that lists only totals, select A. none B. summary C. detailed D. complete 14. The Fixed Asset Item list includes the name of the asset, the date of purchase, and the A. cost of the asset B. asset account to use C. description of the asset D. All of the above 15.When using QuickBooks to pay bills that have been recorded in the Enter Bills window, you may_and the bills will be marked "Paid." A. write checks to pay bills B. use a credit card to pay bills C. use the pay bills feature so QuickBooks will write the checks or prepare the credit card charges D. all of the above 16. If an order for an inventory item is received with a bill but is incomplete, QuickBooks will A. record the bill for the full amount ordered B. record the bill only for the amount received C. not allow the bill to be prepared until all the merchandise is received D. close the purchase order 17. If a cu stomer makes a payment on account and a return has been made, the correct amount of the sales discount is calculated A. automatically by QuickBooks on the full amount B. automatically by QuickBooks on the amount due after the credit is subtracted C. manually by using QuickMath D. all of the aboveExplanation / Answer
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