Professional Associations for User of QuickBooks” Please respond to the following:
Research associations / organizations designed to support users of QuickBooks (e.g., NACQ). Identify the associations / organizations you found in your research and briefly summarize the intent of each. Then, generally speaking, discuss the key benefit of belonging to such associations / organizations from a user perspective.
“Setting Up a New Company in QuickBooks” Please respond to the following:
Suggest one (1) consequence of improperly classifying an account type (e.g., if an expense is classified as an asset or an asset is classified as an expense). Describe the effect on at least two (2) of the four (4) major financial statements: Profit & Loss (Income) Statement, Statement of Retained Earnings, Balance Sheet, and Statement of Cash Flows
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