Chapter 2
QUESTIONS AND
PROBLEMS
Computerized Accounting using QuickBooks Pro 2020, 6th Edition
Alvin A. Arens ~ D. Dewey Ward ~ Carol Borsum Sohn
COPYRIGHTED
MATERIALS Name: Alina Ramirez
2 Familiarization
Chapter
As described on the previous page, you should restore both Rock Castle
Construction and Larry’s Landscaping & Garden Supply using the initial backups
that you downloaded from the Armond Dalton Resources website. Restore both
companies before working on this chapter’s questions and problem material. If
you cannot recall how to restore a backup, refer to the section “Restore Company
Backup Files” in the E-materials located at www.armonddaltonresources.com.
Part I – Questions
Q-2-1. Menu bar and Icon bar
Required
a. Which of the following is a true statement about the differences
between the Menu bar and the Icon bar?
1. The Icon bar is located at the top of the main QuickBooks
window.
✔ 2. There are more options available through the Menu bar than
through the Icon bar.
3. The Home Page can only be accessed through the Icon bar.
4. The Menu bar is located on the left side of the main
QuickBooks window.
5. None of the above statements are true.
b. Which Menu bar item is used most extensively in these materials?
File Icon
_____________________________________________________________
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Chapter 2: Familiarization 2–1
COPYRIGHTED
MATERIALS Name: Alina Ramirez
Q-2-2. Icon bar activities
Required
Which Icon bar icon is used most extensively in these materials?
___________________________________________________________________
Home Icon
Q-2-3. Vendor Center
Required
a. Which of the following is not a way to open the Vendor Center?
1. Click Vendors on the Menu bar, then click Vendor Center
from the list of menu items.
2. Click the Vendors button in the middle of the Home Page.
✔ 3. Click the Reports menu and then click Vendors & Payables.
4. Click the Vendors icon on the Icon bar.
5. All of the above are ways to open the Vendor Center.
b. Which tab in the Vendor Center would you use to change the
payment terms for a vendor?
_____________________________________________________________
Vendors tab
Q-2-4. Home Page icons
Required
a. Which Home Page icon is used to record a credit sale to a customer?
_____________________________________________________________
Create Invoice Window
b. Which Home Page icon is used to record the payment of a bill to a
vendor (payment on an account payable)?
_____________________________________________________________
Enter Bills
c. Which Home Page icon is used to pay employees by check?
_____________________________________________________________
Write Check
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Chapter 2: Familiarization 2–2
COPYRIGHTED
MATERIALS Name: Alina Ramirez
d. Which Home Page icon is used to return inventory items to a
vendor?
Vendors
_____________________________________________________________
e. Which Home Page icon is used to record a cash receipt from a
customer for an outstanding sales invoice?
Transactions
_____________________________________________________________
f. Which Home Page icon is used to write a check to a vendor for an
expense that has not previously been recorded as an account payable?
Write Checks
_____________________________________________________________
Q-2-5. Finding information in QuickBooks
An important feature of any software package is the degree of “user
friendliness” that the software has built in to help new users understand
the software more easily. QuickBooks has a substantial amount of such “user
friendliness.” These questions exercise your ability to find relevant information
that may or may not have been discussed thoroughly in the chapter.
Required
a. What is the amount of the last sales invoice for Renee Barley, a
customer of Rock Castle Construction?
_____________________________________________________________
b. Which Rock Castle Construction customer owes the company the
highest amount of money as of 12/15/2024?
_____________________________________________________________
c. Gregg O. Schneider works for Rock Castle Construction. What is his
address?
_____________________________________________________________
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Chapter 2: Familiarization 2–3
COPYRIGHTED
MATERIALS Name: Alina Ramirez
d. What is Rock Castle Construction’s net income this fiscal year to
date (01/01/2024 to 12/15/2024)?
_____________________________________________________________
e. As of 12/15/2024 how many exterior wood doors (#P10981) did
Rock Castle Construction have on hand?
_____________________________________________________________
Q-2-6. Names of QuickBooks buttons and icons
Required
Provide the name of each of the following QuickBooks buttons and icons.
Button/Icon Name
Check Box
Radio Button
Drop Down
Calendar
text fiel
export button
Print Button
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Chapter 2: Familiarization 2–4
