Question: Which icon allows you to create a new expense transaction?

Answer: Plus sign inside a circle icon

Question: Plus sign inside a circle icon

Answer: We pay for at the time we receive the product or service.

Question: The _____ form is used to pay bills.

Answer: Pay Bills

Question: The Credit Card Credit form is used to record a

Answer: Reduction in the amount charged by the vendor to the company credit card.

Question: Which of the following does QuickBooks Online consider a vendor?

Lawyer

Advertising agency

Tax agency

All of the choices are correct

Answer: All of the choices are correct.

Question: Which form can be used to add new vendors to the Vendor List?

Bills form

Expense form

Purchase Order form

All of the choices are correct

Answer: All of the choices are correct

Question: Which forms can be used to record services purchased?

Answer: Expense form, Check form, and Bill form

Question: Which form can be used to record a payment made at the time of purchase by credit card?

Answer: Expense form

Question: Which form can be used to record a payment made at the time of purchase by cash?

Answer: Expense form

Question: What are accounts payable?

Answer: Amounts our business is obligated to pay in the future.