(TCO 1) Peachtree’s backup feature works with what other Peachtree feature?Import/ExportSave…

(TCO 1) Peachtree’s backup feature works with what other Peachtree feature?Import/ExportSave…

(TCO 1) Peachtree’s backup feature works with what other Peachtree feature?Import/ExportSave AsFormattingRestoreExcelQuestion 2. Question : (TCO 1) The file extension for Peachtree backup files is:.pdf..pbb..ptb..pbcx..xlsx.Question 3. Question : (TCO 1) Commands that Peachtree automatically selects are called:ObjectsDialog boxesDefaultsShortcutsTextQuestion 4. Question : (TCO 2) In the computer accounting cycle, the following report is not included:adjusted trial balance.unadjusted trial balance.worksheet.financial statements.statement of cash flow.Question 5. Question : (TCO 6) The customer ID for Teesdale Real Estate is:TEESDALE-01.TEESDALE.Teesdale-01.Teesdale 01.Teesdale Estate.Question 6. Question : (TCO 6) On the Navigation Bar, make the following selections to enter a customer receipt:Tasks; Payments.Customers and Sales page; click on the Sales Invoices icon and select View and Edit Sales Invoices.Customers and Sales page; click on the Receive Money icon and select Receive Money from Customer.Vendors and Purchases page; click on the Write Checks icon and select New Check.Inventory & Service page; click on the Write Checks icon and select View and Edit Checks.Question 7. Question : (TCO 6) Peachtree’s Accounts Receivable system includes:an Accounts Payable subsidiary system.a controlling account in the general ledger.customer ledgers.the Sales/Invoicing window.credit sales.Question 8. Question : (TCO 7) On the Navigation Bar, make the following selections to make a general journal entry:Company page; click on the Chart of Accounts icon and select View and Edit Accounts.Company page; link to General Journal Entry.Banking page; click on the Write Checks icon and select New Check.Company page; link to Restore a backup and click on the General Journal Entry icon.Maintain; select General Journal record.Question 9. Question : (TCO 7) To transfer money to the money market fund, make the following type of entry:General Journal.Payments.Receipts.Tasks.Maintenance.Question 10. Question : (TCO 7) If your GL Account columns and A/P Account field are not displayed on thePurchases/Receive Inventory window, you need to:check the Tasks windows.check the maintenance menus.click on Options; Global; uncheck the three boxes in the Hide General Ledger Accounts section.reset the defaults in the Accounting Behind the Screens selection.do nothing; Accounting Behind the Screens cannot be changed.Question 11. Question : (TCO 9) Alphabetic characters in Peachtree are:not case sensitive.case sensitive.always uppercase.always lowercase.combination of upper and lowercase.Question 12. Question : (TCO 9) The .homeworkminutes.com/question/view/97703/devry-acct251-week-3-quiz-spring-2015-latest-one-all-correct-answers#”>purchase account for Anderson’s Landscaping is:57200, Materials Cost.57000, Direct Labor.57000 – LS, Direct Labor – Landscaping.57200 – LS, Materials Cost – Landscaping.14700, Other Current Assets.Question 13. Question : (TCO 9) The following accounts are debited and credited when you purchase inventory on account:Dr. Inventory account; Cr. Accounts Receivable/Vendor.Dr. Accounts Payable/Vendor; Cr. Expense account.Dr. Inventory account; Cr. Accounts Payable/Vendor.Dr. Accounts Receivable/Customer; Cr. Sales account.Dr. Accounts Payable/Vendor; Cr. Inventory account.Instructor Explanation: Chapter 2, page 78Question 14. Question : (TCO 10) To set up specific guidelines for individual employees, make these selections:Employee tasks; click Employees, Employee Maintenance, make appropriate selection.Tasks; Select for Payment, select Employee.Maintain; Default Information, Employees.Employees & Payroll page, click Employees, View and Edit Employees.Tasks; Payroll for one employee.Question 15. Question : (TCO 10) On the Navigation Bar, make the following selections to enter paychecks for an employee:Employees & Payroll page; click on the Pay Employees icon and select Payroll Set Up Service.Employees & Payroll page; click on the Pay Employees icon and select Enter Payroll for One Employee.Maintain; Default Information.Employees & Payroll page; click on the Employees icon and select View and Edit Employees.Tasks; Payroll & Employees, View and Edit Employees.Question 16. Question : (TCO 10) To backup your work in Chapter 4, before completing the end-of-chapter exercises, the following file name is suggested:Chapter 4.Chapters 3 and 4.Chapters 1 through 4.Exercise 3-1.(TCO 1) The balance sheet lists:: assets, liabilities, and capital of a business.revenues and expenses of a business.the percentage of revenue at the end of the year.the percentage of debt at the end of the year.cash disbursements.Question 2. Question :(TCO 1) The Income Statement’s net income or (net loss) is also shown on the:: income statement’s revenue section.balance sheet’s capital section.departmental gross profit totals.cash balance at the end of the period.general ledger trial balance.Question 3. Question :(TCO 1) To use Peachtree’s masking feature, do the following to an account number.: Add a prefix.Add a suffix.Add an account number.Change the account in the general journal.Change the account type.Question 4. Question :(TCO 2) The sample company chart of accounts that you use as the model for Chapter 9’s business is:: accounting practice.general contractor.gift shop.service company.retail company.Question 5. Question :(TCO 2) The chart of accounts is:: the accounts shown on the income statement.the accounts shown on the balance sheet.a list of accounts in the general ledger.a list of accounts in the general journal.a list showing account beginning balances.Question 6. Question :(TCO 2) The account type for Account No. 3920 (Vernon Firestone) [or your name] capital is:: cash.equity-gets closed.equity-doesn’t close.retained earning.other current liabilities.Question 7. Question :(TCO 3) In Chapter 11, the ______________________________ is completed before recording and posting the end-of-quarter adjusting entries.: adjusted trial balancecash disbursements journalunadjusted trial balancecash receipts journalpost-closing trial balanceQuestion 8. Question :(TCO 3) To print a post-closing trial balance, you need to:: select Tasks; System, change accounting periods.select Reports & Forms; Accounts Receivable, print reports.select Options; Default Information.select Help; About Peachtree Accounting.close the fiscal year, then print a trial balance.Question 9. Question :(TCO 4) If your journals do not agree with the textbook illustrations, use the following Peachtree feature:: Maintain; defaults, general ledger.Edit journal transactions.Tasks; general journal transaction.Maintain chart of accounts.Company page; link to restore.Question 10. Question :(TCO 4) The December 31 balance in Mr. Firestone’s retained earnings account (Account No. 3910) is:: Revenue minus expenses.assets minus liabilities plus owner’s equity.year-to-date net income plus the total of the drawing account.year-to-date net income minus the total of the drawing account.capital minus drawing.Question 11. Question :(TCO 5) To change an entry on the Write Checks window or Receipts window, do this:: make a completely new entry.delete the record.add a transaction line.select Maintain; Chart of Accounts.edit the record.Question 12. Question :(TCO 5) The Write Checks window automatically debits the following account:: Account No. 1020, Checking Account.the Expense account selected.You need to select the account credited, not debited.Account No. 1040, IRA Savings.Account No. 1010, Money Market.Question 13. Question :(TCO 5) In Chapter 10, you do the following:: set up a retail business.select November 2010 as the accounting period.record deposits, checks, and ATMs.print the chart of accounts.record .homeworkminutes.com/question/view/97705/devry-acct251-week-6-quiz-spring-2015-latest-one-all-correct-answers#”>purchase invoices.Question 14. Question :(TCO 6) On the Navigation Bar, make the following selections to apply the sale of an irrigation system to the Franklin Botanical Gardens job:: Customers & Sales page; click on the Sales Invoices icon and select New Sales Invoice.Customers & Sales page; click on the Sales Invoices icon and select View and Edit Sales Invoices.Vendor & Purchases page; click on .homeworkminutes.com/question/view/97705/devry-acct251-week-6-quiz-spring-2015-latest-one-all-correct-answers#”>Purchase Orders and select new .homeworkminutes.com/question/view/97705/devry-acct251-week-6-quiz-spring-2015-latest-one-all-correct-answers#”>Purchase Order.Customers & Sales page; click on the Jobs icon and select New Jobs.Inventory & Services page; select the Inventory Items icon, then select View and Edit.Question 15. Question :(TCO 6) The start date for the Franklin Botanical Gardens job is:: January 3, 2010.February 3, 2010.March 3, 2010.March 4, 2010.April 3, 2010.Question 16. Question :(TCO 6) After completing the exercises in Chapter 5, restore the following backup to start Chapter 6:: Chapter 5.ptb.Exercise 5.ptb.Exercise 5-2.ptb.Exercise 5-1.ptb.Bgs.ptb.

Looking for a similar assignment? Get help from our qualified experts!

Order Now

Related Posts