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    Icom Education Program Ca Qbo Exercise Set1 Answer Key

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    ngongsidoine
    This document outlines exercises for students using QuickBooks Online across multiple months. It includes instructions to generate various reports to review transactions and account information for things like customers, deposits, inventory, financial statements and aging reports.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Icom Education Program Ca Qbo Exercise Set1 Answer Key

    Uploaded by

    ngongsidoine
    43 views17 pages
    This document outlines exercises for students using QuickBooks Online across multiple months. It includes instructions to generate various reports to review transactions and account information for things like customers, deposits, inventory, financial statements and aging reports.

    Original Description:

    Practice exercise

    Original Title

    icom-education-program-ca-qbo-exercise-set1-answer-key

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    © © All Rights Reserved

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    This document outlines exercises for students using QuickBooks Online across multiple months. It includes instructions to generate various reports to review transactions and account information for things like customers, deposits, inventory, financial statements and aging reports.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    43 views17 pages

    Icom Education Program Ca Qbo Exercise Set1 Answer Key

    Uploaded by

    ngongsidoine
    This document outlines exercises for students using QuickBooks Online across multiple months. It includes instructions to generate various reports to review transactions and account information for things like customers, deposits, inventory, financial statements and aging reports.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 17

    QuickBooks Online Student Exercises

    Education
    Exercise Set #1
    Answer Key
    2 QuickBooks Online Education Exercise Set #1 Answer Key

    January (Chapters 1 & 2)


    Exercises 1–7
    Review Account & Settings to review the students company setup.

    Exercise 8
    Click Sales and then click Customers to review Customer list import. See sample below.

    Exercise 9
    Review user setup in Manage Users section under the Gear icon.

    Exercise 10
    To verify that your student has invited you to QuickBooks you should have received an email
    from your student.

    Exercise 11
    Create a Deposit Detail report for last year and review the report.
    QuickBooks Online Education Exercise Set #1 Answer Key 3

    February (Chapters 3 & 4)


    Exercise 1
    Review the Customer Contact List. See sample below. Review the following samples to view new
    customers added by the student.
    4 QuickBooks Online Education Exercise Set #1 Answer Key

    For all remaining exercise transactions, create the Transaction List by Date report for February of
    last year. See sample below.
    QuickBooks Online Education Exercise Set #1 Answer Key 5

    March (Chapters 3–5)


    To view the student exercise transactions create the Transaction Detail Report for March of last
    year. See sample below.
    6 QuickBooks Online Education Exercise Set #1 Answer Key

    April (Chapters 3–6)

    View the following reports to review the student exercises.

    Create the Transaction List by Date report for April of last year. See sample below.
    QuickBooks Online Education Exercise Set #1 Answer Key 7

    Review the Reconciliation Report for the Mastercard reconciliation.


    8 QuickBooks Online Education Exercise Set #1 Answer Key

    May (Chapters 3–7)


    Create the Transaction Detail report for May of last year to review student exercises. See
    sample below.
    QuickBooks Online Education Exercise Set #1 Answer Key 9

    June (Chapters 3–8)


    Create the Transaction Detail report for June of last year to review student exercises. See
    sample below.
    10 QuickBooks Online Education Exercise Set #1 Answer Key

    July (Chapter 10)


    Create the Inventory Valuation Detail report. See sample below.
    QuickBooks Online Education Exercise Set #1 Answer Key 11

    Create the Transaction Detail report for July of last year to review student exercises. See
    sample below.

    Create the Physical Inventory Worksheet. See sample below.


    12 QuickBooks Online Education Exercise Set #1 Answer Key

    August (Chapter 11)


    Create a Balance Sheet as of August 1st of last year. See samples below.
    QuickBooks Online Education Exercise Set #1 Answer Key 13
    14 QuickBooks Online Education Exercise Set #1 Answer Key

    Create a Profit & Loss Report for the last calendar year. See sample below:
    QuickBooks Online Education Exercise Set #1 Answer Key 15

    Create an AR Aging Detail report as of July 31st of last year. See sample below.

    Create an AP Aging Summary as of July 31st of last year. See sample below.
    16 QuickBooks Online Education Exercise Set #1 Answer Key

    Create a Sales by Customer Detail for the last Calendar Year. See sample below
    (3 samples below).
    QuickBooks Online Education Exercise Set #1 Answer Key 17

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