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    Felippe Queiroz
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    A pet grooming company is launching a franchise division and wants to track the new franchise income in QuickBooks. To do so, they need to create a new general ledger account called "Sales-Franchise" with an account type of "Income" and detail type of "Other primary income".

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    This is QBO Q&A

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    question 7 (3)

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    A pet grooming company is launching a franchise division and wants to track the new franchise income in QuickBooks. To do so, they need to create a new general ledger account called "Sales-Franchise" with an account type of "Income" and detail type of "Other primary income".

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    © All Rights Reserved
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    20 views2 pages

    Question 7

    Uploaded by

    Felippe Queiroz
    A pet grooming company is launching a franchise division and wants to track the new franchise income in QuickBooks. To do so, they need to create a new general ledger account called "Sales-Franchise" with an account type of "Income" and detail type of "Other primary income".

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 2

    Quickbooks Q&A’s

    Your pet grooming company, BB, is launching a franchise division. You want to
    track the income in a new sales category called Sales-Franchise, so you
    create a new GL account in QBO to record the new income.

    Which of the following shows how you should complete the company’s
    Chart of Accounts?

    A)Name: Sales-Franchise | Type: Cost of Sales | Detail type: Sales of product


    B)Name: Sales-Franchise | Type: Non-profit income | Detail type: Other primary
    income
    C)Name: Sales-Franchise | Type: Income | Detail type: Sales of Product
    D)Name: Sales-Franchise | Type: Income | Detail type: Other primary income
    Quickbooks Q&A’s
    Your pet grooming company, BB, is launching a franchise division. You want to
    track the income in a new sales category called Sales-Franchise, so you
    create a new GL account in QBO to record the new income.

    Which of the following shows how you should complete the company’s
    Chart of Accounts?

    A)Name: Sales-Franchise | Type: Cost of Sales | Detail type: Sales of product


    B)Name: Sales-Franchise | Type: Non-profit income | Detail type: Other primary
    income
    C)Name: Sales-Franchise | Type: Income | Detail type: Sales of Product
    D)Name: Sales-Franchise | Type: Income | Detail type: Other primary income

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