Flashcards
QBO Chapter 10
Cards in this deck (7)
- 1financial reportsBalance Sheet
Profit & Loss
Cash Flow Statement - 2cash basissale is recorded when the cash is received
expense is recorded when paid - 3accrual basissales are recorded when goods and services are provided
expenses are recorded when cost is incurred - 4Accounts Receivable (A/R) Agingreports on customers who owe the company money
- 5Accounts Payable (A/P) Agingreport on the amounts and who the company owes
- 6journalreports every transaction enter in QBO during a time frame
- 7—
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- Flashcards on QBO Chapter 10, created by Murranda Lindgren on 13/11/2023.
- Created by
- Murranda Lindgren
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